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Property profile & analytics
OFF-MARKET
Commercial real estate
1095 Essex St A-5, Camano Island, WA 98282-6700
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2157184
Property summary
AI-generated overview
This 1,000 square foot commercial space, located at 1095 Essex St, Camano, WA 98282 (near E North Camano Dr & Essex St in the Utsalady community), is available for lease. Suitable for various uses, including creative office, coworking, retail, or restaurant, this single-tenant space features a handicap-accessible bathroom. Seven or more parking spaces are available, with four in front and three in the rear, plus additional diagonal parking. The space boasts double drywall, double insulation, and a styrofoam sound barrier for excellent noise control. A projector and surround sound speakers are included, along with a mini-split A/C unit. Water is included in the $2,000 monthly rent
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2007
Total area
1,496 SF
Lot
0.04 ac (1,616 SF)
Zoning code
10
APN
S8539-00-000A5-0
UPID
US90-2157184
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
Forte Music Dance Art LLC · 5 yrs held
Forte Music Dance Art LLC
since 2020
Last sale
$300,000
2 recorded transactions
Zoning & alternative use
10 · Camano Island, 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 Camano Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camano Island 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
Property tax & assessments
Assessed value
$600,850
Assessed 2023
Previous assessed
$483,038
+24.4% YoY
Assessed land
$150,000
Assessed improvement
$450,850
Land market value
$150,000
Improvement market value
$450,850
Total market value
$600,850
Applied tax rate
510.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2007
Heating
GAS
Stories
2
Bathrooms
3
Total area
1,496 SF
Lot
0.04 ac (1,616 SF)
Zoning code
10
APN
S8539-00-000A5-0
UPID
US90-2157184
Jurisdiction
ISLAND
Zoning & alternative use
10 · Camano Island, WA
Zoning 10 · permitted uses
10 · Camano Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camano Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
GAS
Stories
2
Bathrooms
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Forte Music Dance Art LLC
Entity
Mailing address
1095 ESSEX ST UNIT A1, CAMANO ISLAND, WA 98282-6700
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
—
Forte Music Dance Art LLC
Christopher L Tuohy
Intrafamily Transfer
related
$283,000 · Twinstar Cu
Jul 1, 2010
$300,000
Christopher L Tuohy
Rgn Construction LLC
Warranty Deed
$363,750 · 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.
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