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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Agricultural properties
108 Granite Ave Granite Falls, WA 98252
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0609223
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Year built
1906
Construction
TYPE NOT SPECIFIED
Total area
5,640 SF
Lot
0.13 ac (5,663 SF)
Zoning code
I0
APN
459300100400
UPID
US90-0609223
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
-
S.H Home Staging & Design Department Store
-
Granite Falls Hardware Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
Csw Holdings LLC · 1 yrs held
Csw Holdings LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I0 · Granite Falls, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+171.4%
Office building
$945,000
+133.9%
Restaurant
$725,000
+79.3%
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 Granite Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granite Falls 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
$890,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Change: +171% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: +134% · Conversion: Difficult
RESTAURANT
$725,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $1.10M (Jan 16 2025)
Last sale anchor
$1.10M
Jan 16 2025
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
$175 / 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
$4,311
Tax year 2023
Assessed value
$508,500
Assessed 2023
Previous assessed
$454,000
+12.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$199,000
Assessed improvement
$309,500
Land market value
$199,000
Improvement market value
$309,500
Total market value
$508,500
Applied tax rate
304.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
Off-Market
Year built
1906
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
5,640 SF
Lot
0.13 ac (5,663 SF)
Zoning code
I0
APN
459300100400
UPID
US90-0609223
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I0 · Granite Falls, WAZoning I0 · permitted uses
I0 · Granite Falls, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$945,000
RESTAURANT
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$705,000
MEDICAL BUILDING
Est. value
$630,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
1906
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Csw Holdings LLC
Entity
Mailing address
9625 E LONESOME VLY RD, PRESCOTT VALLEY, AZ 86315-8102
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
$1,100,000
Csw Holdings LLC
Danny Meeks
Warranty Deed
$1,240,000 · Peoples Bank
Oct 17, 2022
—
Danny Meeks
Granite Falls Hardware INC
Quit Claim Deed
related
—
Sep 13, 2017
—
Granite Falls Hardware INC
—
Deed
related
$153,400 · Keybank USA
May 1, 1997
$525,000
Granite Falls Hardware INC
Bridgeman,george E & Lila J
Grant Deed
$200,000 · Seller
—
—
Granite Falls Hardware INC
—
Deed Of Trust
related
$153,400 · Keybank USA
—
—
George E Bridgeman
—
Deed Of Trust
related
$99,682 · Key Bank Of Washington
—
—
George E Bridgeman
—
Deed Of Trust
related
$190,484 · Key Bank Of Washington
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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