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Property profile & analytics
OFF-MARKET
Office buildings
10309 State Rte 532 Stanwood, WA 98292
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1170525
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1901
Construction
WOOD
Total area
1,114 SF
Lot
0.12 ac (5,227 SF)
Zoning code
MB1
APN
587601000800
UPID
US90-1170525
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Annie Le · 5 yrs held
Annie Le
since 2020
Last sale
$310,000
6 recorded transactions
Zoning & alternative use
MB1 · Stanwood, 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 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
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
$2,933
Tax year 2023
Assessed value
$362,800
Assessed 2023
Previous assessed
$290,700
+24.8% YoY
Effective rate
0.81%
On assessed value
Assessed land
$218,000
Assessed improvement
$144,800
Land market value
$218,000
Improvement market value
$144,800
Total market value
$362,800
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1901
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
1,114 SF
Lot
0.12 ac (5,227 SF)
Zoning code
MB1
APN
587601000800
UPID
US90-1170525
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MB1 · Stanwood, WA
Zoning MB1 · permitted uses
MB1 · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stanwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1901
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Annie Le
Individual
Mailing address
19520 66TH AVE W, LYNNWOOD, WA 98036-5163
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2020
$310,000
Annie Le
Michael E Keller
Correction Deed
related
—
Aug 31, 2020
$310,000
Annie Le
Michael E Keller
Warranty Deed
—
Mar 27, 2018
—
Michael E Keller
Keller,sharon A & Michael E
Quit Claim Deed
related
—
Apr 9, 2004
$215,000
Michael Keller
Elliot,paul
Grant Deed
$190,000 · Paul Elliot
Mar 22, 2002
$80,000
Paul Elliot
Kallock,clinton & Donna
Grant Deed
$70,000 · Clinton & Donna Kallock
—
—
Michael Keller
—
Deed Of Trust
related
$169,242 · Coastal Community 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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