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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Outlet malls
10123 270th NW St Stanwood, WA 98292-1908
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0862815
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1900
Construction
WOOD
Total area
3,140 SF
Lot
0.15 ac (6,534 SF)
Zoning code
UA
APN
587900200501
UPID
US90-0862815
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$391k
Blend (final)
Blend
$625k
Owner & transaction history
Sierra Utley · 4 yrs held
Sierra Utley
since 2021
Last sale
$565,000
5 recorded transactions
Zoning & alternative use
UA · Stanwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
2024 09 30 ZoningMap
Top alternative use upside
Commercial (general)
$950,000
+4.1%
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 Stanwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanwood 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
$655,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Current use
COMMERCIAL (GENERAL)
$950,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$905,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $565k (Dec 1 2021)
Last sale anchor
$565k
Dec 1 2021
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
$199 / 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
$4,467
Tax year 2023
Assessed value
$553,200
Assessed 2023
Previous assessed
$526,000
+5.2% YoY
Effective rate
0.81%
On assessed value
Assessed land
$234,900
Assessed improvement
$318,300
Land market value
$234,900
Improvement market value
$318,300
Total market value
$553,200
Applied tax rate
758.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
3,140 SF
Lot
0.15 ac (6,534 SF)
Zoning code
UA
APN
587900200501
UPID
US90-0862815
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UA · Stanwood, WAZoning UA · permitted uses
UA · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2024 09 30 ZoningMap
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$905,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Sierra Utley
Individual
Mailing address
24225 115TH AVE NE, ARLINGTON, WA 98223-8560
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
$565,000
Sierra Utley
Mc 10123 LLC
Warranty Deed
$452,000 · Mountain Pacific Bank
Jun 5, 2008
—
Mc 10123 LLC
Cameron,mitzi
Quit Claim Deed
related
—
Oct 20, 2006
$550,000
Mitzi Cameron
Abs Properties III LLC
Warranty Deed
$412,500 · Whidbey Island Bank
Mar 6, 2001
$250,000
Abs Properties INC
Port Gardner Timber Co INC
Grant Deed
$187,500 · Wells Fargo Bank
—
—
Mark Spencer
—
Deed Of Trust
related
$100,000 · Geraldine Spencer
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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