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Property profile & analytics
OFF-MARKET
Estimated value
$8,055,000
Medical Office Space
10025 186th St Bothell, WA 98011-3839
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1359739
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
14,826 SF
Lot
0.33 ac (14,400 SF)
Zoning code
DT
APN
097000-0020
UPID
US90-1359739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alina Urriola, MD Physician
-
Thomas A Wilson, MD Pediatrician Physician
-
Rachel Anne A. Pontemayor, DO Pediatrician Physician
-
EvergreenHealth Primary Care - Lakeshore Bothell Pediatrician Physician
-
Dr. Christopher Gerard Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$8.06M
Owner & transaction history
Draco3 Bothell 10025 LLC · 2 yrs held
Draco3 Bothell 10025 LLC
since 2023
Last sale
$8.3M
6 recorded transactions
Zoning & alternative use
DT · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to promote Downtown Transition uses
Zone name
Downtown Transition
General category
COMMERCIAL
Zone area
41.71 ac
Source
Realmo
Top alternative use upside
Office building
$9.0M
+52.8%
Restaurant
$7.9M
+34.3%
Auto repair, garage
$6.8M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,865,000
ML approach
$7,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,855,000
Current use
OFFICE BUILDING
$8,950,000
Change: +53% · Conversion: Easy
RESTAURANT
$7,865,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,805,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$5,815,000
Change: -1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,655,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,140,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$8.06M
Range $7.25M – $8.86M · ±10% · vs last sale $8.25M (Aug 4 2023)
Last sale anchor
$8.25M
Aug 4 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$543 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$31,140
Tax year 2022
Assessed value
$3,558,400
Assessed 2022
Previous assessed
$3,558,400
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$748,800
Assessed improvement
$2,809,600
Land market value
$748,800
Improvement market value
$2,809,600
Total market value
$3,558,400
Applied tax rate
859.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
14,826 SF
Lot
0.33 ac (14,400 SF)
Zoning code
DT
APN
097000-0020
UPID
US90-1359739
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DT · Bothell, WAZoning DT · permitted uses
DT · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to promote Downtown Transition uses
Zone name
Downtown Transition
General category
COMMERCIAL
Zone area
41.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.9M
OFFICE BUILDING
Est. value
$9.0M
RESTAURANT
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$6.8M
RETAIL STORES
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
MEDICAL BUILDING Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Draco3 Bothell 10025 LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
—
Draco3 Bothell 10025 LLC
—
Deed
related
$150,000,000 · Capital One NA
Aug 4, 2023
$8,250,000
Draco3 Bothell 10025 LLC
Hsre Bothell Mob LLC
Bargain And Sale Deed
—
Mar 3, 2017
$6,600,000
Hsre-bothell Mob LLC
Bothell Prof Assocs INC
Grant Deed
—
Dec 3, 2009
—
Bothell Prof Assocs INC
—
Deed Of Trust
related
$2,889,735 · Banner Bank
Apr 14, 2000
—
Bothel Professional Associates
—
Deed Of Trust
related
$2,880,095 · Towne Bank
Nov 3, 1998
—
Bothell Professional Assoc
—
Deed Of Trust
related
$2,350,000 · First Mutual Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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