Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Commercial real estate
101 Park St North Bend, WA 98045-8254
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2426340
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2019
Construction
WOOD
Total area
3,586 SF
Lot
0.36 ac (15,750 SF)
Zoning code
DC
APN
803620-0095
UPID
US90-2426340
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
-
RE/MAX Integrity North Bend Real Estate Agency
-
Huxdotter Coffee Cafe & Coffee Shop
-
Stephanie Frost Real Estate Agency
-
Daniel Skagen, Loan Officer - Geneva Financial | NMLS#69292 | Company NMLS#42056 | BK#0910215 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
City Of North Bend · 4 yrs held
City Of North Bend
since 2021
7 recorded transactions
Zoning & alternative use
DC · North Bend, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,000,000
6.5%
$920,000
7%
$855,000
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
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
$265 / 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
$9,171
Tax year 2022
Assessed value
$1,066,500
Assessed 2022
Previous assessed
$1,066,500
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$393,700
Assessed improvement
$672,800
Land market value
$393,700
Improvement market value
$672,800
Total market value
$1,066,500
Applied tax rate
1,925.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
3,586 SF
Lot
0.36 ac (15,750 SF)
Zoning code
DC
APN
803620-0095
UPID
US90-2426340
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · North Bend, WA
Zoning DC · permitted uses
DC · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
City Of North Bend
Entity
Mailing address
PO BOX 896, NORTH BEND, WA 98045-0896
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
—
City Of North Bend
101 West Park LLC
Deed
—
Nov 2, 2018
—
101 West Park LLC
—
Deed
related
$1,325,000 · Heritage Bank
Apr 20, 2018
—
101 West Park LLC
Western Gateway LLC
Quit Claim Deed
—
Oct 3, 2017
$150,000
Western Gateway LLC
101 West Park LLC
Warranty Deed
—
Aug 8, 2016
$95,500
101 West Park LLC
Boyle Properties LLC
Warranty Deed
$250,000 · Heritage Bank
Aug 1, 2016
$159,000
Western Gateway LLC
Boyle Properties LLC
Warranty Deed
$150,000 · Heritage Bank
Mar 28, 2006
$240,000
Boyle Properties LLC
Mckibben,david A
Warranty Deed
$190,000 · David A Mckibben
Jun 30, 2000
—
Carl A Blomberg
Blomberg,carl A & Emilie R
Quit Claim Deed
related
—
Jun 30, 2000
$67,500
David A Mckibben
Blomberg,carl A & Emilie R
Quit Claim Deed
related
$66,500 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Park St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
