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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Warehouses
10105 Airport Way Snohomish, WA 98296-8237
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1688621
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Construction
WOOD
Total area
13,050 SF
Lot
2.77 ac (120,661 SF)
Zoning code
LI
APN
28061900201900
UPID
US90-1688621
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
-
Rubbish and Removal Electric Utility Company
-
Appliance Recycling Outlet Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Snohomish Warehouse LLC · 10 yrs held
Snohomish Warehouse LLC
since 2016
7 recorded transactions
Zoning & alternative use
LI · Snohomish, 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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$119 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,642
Tax year 2023
Assessed value
$1,872,000
Assessed 2023
Previous assessed
$1,580,000
+18.5% YoY
Effective rate
1.05%
On assessed value
Assessed land
$545,900
Assessed improvement
$1,326,100
Land market value
$545,900
Improvement market value
$1,326,100
Total market value
$1,872,000
Applied tax rate
3,665.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
13,050 SF
Lot
2.77 ac (120,661 SF)
Zoning code
LI
APN
28061900201900
UPID
US90-1688621
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Snohomish, WA
Zoning LI · permitted uses
LI · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.77 ac
Current owner
From public records · entity-resolved
Snohomish Warehouse LLC
Entity
Mailing address
16803 57TH AVE SE, SNOHOMISH, WA 98296-8306
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2025
—
Terry R Jacobsen
—
Deed
related
$3,907,700 · Vault 26 Capital LLC
Jun 10, 2025
—
Snohomish Warehouse LLC
—
Deed
related
$1,723,850 · Vault 26 Capital LLC
Sep 1, 2023
—
Terry R Jacobsen
—
Deed
related
$1,000,000 · Thomas C Nielsen Etal
Apr 13, 2020
—
Snohomish Warehouse LLC
—
Deed
related
$1,360,000 · Newtek Small Busn Fin
Aug 16, 2019
—
Snohomish Warehouse LLC
—
Deed
related
$133,000 · Ynot LLC
Aug 15, 2019
—
Terry R Jacobsen
—
Deed
related
$1,875,000 · Mountain Pacific Bk
Mar 20, 2019
—
Snohomish Warehouse LLC
—
Deed
related
$183,652 · Ynot LLC
Feb 4, 2016
—
Snohomish Warehouse LLC
Jacobsen,terry & Tamara
Warranty Deed
—
Jun 2, 2014
$1,500,000
Terry R Jacobsen
Matthew J Anderson
Warranty Deed
$1,200,000 · Mountain Pacific Bank
Mar 1, 1988
$105,000
Matthew J Anderson
Unknown
Grant Deed
—
—
—
Matthew J Anderson
—
Deed Of Trust
related
$250,000 · Shoreline Bank
—
—
Snohomish Warehouse LLC
—
Deed Of Trust
related
$183,652 · Ynot LLC
—
—
Terry R Jacobsen
—
Loan Modification
related
$1,875,000 · Mountain Pacific Bk
—
—
Snohomish Warehouse LLC
—
Deed Of Trust
related
$133,000 · Ynot LLC
—
—
Matthew J Anderson
—
Deed Of Trust
related
$800,000 · Shoreline Bank
—
—
Matthew J Anderson
—
Deed Of Trust
related
$82,483 · Wayne M Fjelstad
—
—
Mathew J Anderson
—
Deed Of Trust
related
$508,000 · Mountain Pacific Bank
—
—
Terry R Jacobsen
—
Loan Modification
related
$1,600,871 · Mountain Pacific Bk
—
—
Snohomish Warehouse LLC
—
Deed Of Trust
related
$3,400,000 · Newtek Small Busn Fin
—
—
Snohomish Warehouse LLC
—
Deed Of Trust
related
$1,360,000 · Newtek Small Busn Fin
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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