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Property profile & analytics
OFF-MARKET
Retail space
1012 1st St Snohomish, WA 98290-2909
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-0290556
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
TYPE NOT SPECIFIED
Total area
800 SF
Lot
0.02 ac (871 SF)
Zoning code
R6
APN
579500600102
UPID
US90-0290556
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
-
Little Shop of Light Art Gallery Metaphysical Supply Store
-
Central Banc Mortgage Corp. Loan Service Bank
-
Dura Vocational Services Business Service Center Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Seaview Prop Mgmt LLC · 5 yrs held
Seaview Prop Mgmt LLC
since 2020
Last sale
$85,000
4 recorded transactions
Zoning & alternative use
R6 · 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
—
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
$2,252
Tax year 2023
Assessed value
$256,000
Assessed 2023
Previous assessed
$220,000
+16.4% YoY
Effective rate
0.88%
On assessed value
Assessed land
$225,900
Assessed improvement
$30,100
Land market value
$225,900
Improvement market value
$30,100
Total market value
$256,000
Applied tax rate
735.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
0
Total area
800 SF
Lot
0.02 ac (871 SF)
Zoning code
R6
APN
579500600102
UPID
US90-0290556
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R6 · Snohomish, WA
Zoning R6 · permitted uses
R6 · 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
1937
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.02 ac
Current owner
From public records · entity-resolved
Seaview Prop Mgmt LLC
Entity
Free & Clear · 5 yrs held
Mailing address
304 239TH AVE NE, SNOHOMISH, WA 98290-9529
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Seaview Property Management LLC
—
Deed
related
$160,000 · Coastal Community Bank
Dec 14, 2020
—
Seaview Prop Mgmt LLC
Lms Mtg
Quit Claim Deed
related
—
Feb 12, 2009
$250,000
Lms Mortgage LLC
Marzolf,mark E & Kathy M
Warranty Deed
related
$200,000 · Mark E & Kathy M Marzolf
Jun 29, 2001
$85,000
Mark E Marzolf
Oshea,neil J & Juanita L
Grant Deed
$60,000 · Gene Walther
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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