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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
10307 238th SW St Edmonds, WA 98020-5738
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US90-0675094
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1959
Construction
TYPE NOT SPECIFIED
Total area
2,243 SF
Lot
2.48 ac (108,029 SF)
Zoning code
ED
APN
27033600301900
UPID
US90-0675094
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
-
Chef Dane Catering Restaurant
-
Klahaya Swim & Tennis Club Gym & Fitness Center Sports Field & Court
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
Klahaya Swim & Tennis Club INC · 30 yrs held
Klahaya Swim & Tennis Club INC
since 1996
6 recorded transactions
Zoning & alternative use
ED · Edmonds, 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 Edmonds submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmonds 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
$15,072
Tax year 2023
Assessed value
$2,190,200
Assessed 2023
Previous assessed
$1,907,900
+14.8% YoY
Effective rate
0.69%
On assessed value
Assessed land
$2,157,100
Assessed improvement
$33,100
Land market value
$2,157,100
Improvement market value
$33,100
Total market value
$2,190,200
Applied tax rate
216.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1959
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
2,243 SF
Lot
2.48 ac (108,029 SF)
Zoning code
ED
APN
27033600301900
UPID
US90-0675094
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
ED · Edmonds, WA
Zoning ED · permitted uses
ED · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edmonds. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Klahaya Swim & Tennis Club INC
Entity
Mailing address
PO BOX 74, EDMONDS, WA 98020-0074
Ownership since
1996
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
Mar 10, 2026
—
Klahaya Swim And Tennis Club
—
Deed
related
$878,000 · 1st Security Bank Of Washington
May 7, 2021
—
Klahaya Swim And Tennis Club
—
Deed
related
$695,000 · 1st Security Bank Of Washington
Feb 24, 2009
—
Klahaya Swim
—
Trustees Deed
related
$1,135,870 · Shoreline Bank
May 14, 1996
—
Klahaya Swim & Tennis Club INC
Klahaya Pool INC
Quit Claim Deed
related
$100,000 · Evergreenbank
—
—
Klahaya Swim
—
Deed Of Trust
related
$1,199,407 · Shoreline Bank
—
—
Khalaya Swim & Tennis Club INC
—
Deed Of Trust
related
$1,200,000 · Whidbey Island 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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