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Property profile & analytics
OFF-MARKET
Office buildings
1017 7th St Anacortes, WA 98221-4105
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1400942
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1900
Total area
1,645 SF
Lot
0.08 ac (3,472 SF)
APN
3772-036-010-0002
UPID
US90-1400942
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
-
Robert B. Houston, DC Alternative Medicine Practice
-
Henning Chiropractic Offices Alternative Medicine Practice
-
Derek Anthony Klier Alternative Medicine Practice
-
Dr. Derek Klier Alternative Medicine Practice
-
Anacortes Chiropractic Center (Derek A. Klier, BS, PES, DC) Alternative Medicine Practice
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
Derek A Kiler · 4 yrs held
Derek A Kiler
since 2022
Last sale
$299,000
6 recorded transactions
Zoning & alternative use
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 Anacortes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anacortes 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
$2,639
Tax year 2023
Assessed value
$355,500
Assessed 2022
Previous assessed
$355,500
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$150,500
Assessed improvement
$205,000
Land market value
$150,500
Improvement market value
$205,000
Total market value
$355,500
Applied tax rate
900.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1900
Heating
NONE
Total area
1,645 SF
Lot
0.08 ac (3,472 SF)
APN
3772-036-010-0002
UPID
US90-1400942
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Derek A Kiler
Individual
Ownership since
2022
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
Jul 18, 2022
$355,500
Derek A Kiler
Robert B Houston
Quit Claim Deed
related
$355,500 · Robert B Houston Etux
Jun 18, 2010
$299,000
Robert B Houston
Eiford Wanda M
Warranty Deed
$211,500 · Skagit State Bank
Jun 14, 2010
$218,000
Diocese Of Olympia INC
Eiford Wanda M
Warranty Deed
—
—
—
Wanda M Eiford
—
Deed Of Trust
related
$76,400 · Skagit State Bank
—
—
Wanda M Eiford
—
Deed Of Trust
related
$150,000 · Skagit State Bank
—
—
Wanda M Eiford
—
Deed Of Trust
related
$51,044 · Skagit State 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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