Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
108 Main St Monroe, WA 98272-1810
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1252387
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1923
Construction
TYPE NOT SPECIFIED
Total area
5,184 SF
Lot
0.15 ac (6,534 SF)
Zoning code
O0
APN
517404000802
UPID
US90-1252387
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
-
Monroe Lash and Beauty Hair Salon Nail Salon
-
Ceara McLaughlin, Black Knight Real Estate Real Estate Agency
-
Fairway Independent Mortgage - Kimberley Lynn Loan Service Bank
-
Toni Kester Real Estate Broker, K Properties NW Real Estate Agency
-
Kari Hovde | K Properties NW Real Estate Agency
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
Helping Hands Ministries Intl INC · 4 yrs held
Helping Hands Ministries Intl INC
since 2022
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
O0 · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$4,952
Tax year 2023
Assessed value
$665,000
Assessed 2023
Previous assessed
$586,000
+13.5% YoY
Effective rate
0.74%
On assessed value
Assessed land
$269,200
Assessed improvement
$395,800
Land market value
$269,200
Improvement market value
$395,800
Total market value
$665,000
Applied tax rate
530.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1923
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
5,184 SF
Lot
0.15 ac (6,534 SF)
Zoning code
O0
APN
517404000802
UPID
US90-1252387
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
O0 · Monroe, WA
Zoning O0 · permitted uses
O0 · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Helping Hands Ministries Intl INC
Entity
Free & Clear · 4 yrs held
Mailing address
19213 BOTHELL EVERETT HWY, BOTHELL, WA 98012-7110
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2023
—
Helping Hands Ministries Internatio
—
Deed
related
$420,000 · Coastal Community Bank
Jun 17, 2022
$475,000
Helping Hands Ministries Intl INC
Bruce Winslow Gallagher
Warranty Deed
—
Mar 5, 2007
—
Bruce W Gallagher
Kirwan,katharyn G
Quit Claim Deed
related
—
Apr 20, 2006
—
Bruce W Gallagher
Kirwan,katharyn G
Quit Claim Deed
related
—
Apr 1, 2005
—
Bruce W Gallagher
Kirwan,katharyn G
Quit Claim Deed
related
—
Dec 28, 2004
—
Bruce W Gallagher
Kirwan,katharyn G
Quit Claim Deed
related
—
Mar 20, 2002
—
Bruce W Gallagher
Kirwan,kathryn G
Quit Claim Deed
related
—
Jan 25, 2001
—
Bruce W Gallagher
Kirwan,katharyn G
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 108 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
