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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail space
10308 183rd St Bothell, WA 98011-3420
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0212588
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
2,800 SF
Lot
0.2 ac (8,659 SF)
Zoning code
DN
APN
096700-0445
UPID
US90-0212588
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
-
ProStar Insurance Insurance Agency
-
Hugg & Associates Law Firm
-
B Mobile Notary Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$493k
Blend (final)
Blend
$800k
Owner & transaction history
Bothell Properties LLC · 13 yrs held
Bothell Properties LLC
since 2012
5 recorded transactions
Zoning & alternative use
DN · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to promote Downtown Neighborhood uses
Zone name
Downtown Neighborhood
General category
COMMERCIAL
Zone area
50.68 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.3M
+17.0%
Medical building
$1.1M
+0.7%
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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,100,000
Current use
AUTO REPAIR, GARAGE
$1,285,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,105,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
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
$286 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,222
Tax year 2022
Assessed value
$902,900
Assessed 2022
Previous assessed
$902,900
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$493,500
Assessed improvement
$409,400
Land market value
$493,500
Improvement market value
$409,400
Total market value
$902,900
Applied tax rate
859.0000
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
1920
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
2,800 SF
Lot
0.2 ac (8,659 SF)
Zoning code
DN
APN
096700-0445
UPID
US90-0212588
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DN · Bothell, WAZoning DN · permitted uses
DN · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to promote Downtown Neighborhood uses
Zone name
Downtown Neighborhood
General category
COMMERCIAL
Zone area
50.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1920
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Bothell Properties LLC
Entity
Mailing address
10308 NE 183RD ST, BOTHELL, WA 98011-3420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
May 18, 2021
—
Bothell Properties LLC
—
Deed
related
$576,944 · Banner Bank
Sep 7, 2012
$722,000
Bothell Properties LLC
10308 Building LLC
Warranty Deed
$709,300 · Seacoast Commerce Bank
Jul 30, 2010
$704,000
10308 Building LLC
Meier,ernest P & Carmen L
Warranty Deed
$653,800 · Seacoast Commerce Bank
Mar 12, 2002
$460,000
Ernest P Meier
Batley,william E & Bernice E
Grant Deed
$400,000 · William E & Bernice E Batley
Feb 12, 1988
$109,950
W E Batley
Haight,verona O
Grant Deed
$80,300 · Seller
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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