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Property profile & analytics
OFF-MARKET
Office buildings
111 Fry Ave, Monroe, WA 98272-2304
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0364092
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1904
Construction
WOOD
Total area
1,613 SF
Lot
0.22 ac (9,583 SF)
Zoning code
DC
APN
464900301000
UPID
US90-0364092
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
Your Property Shop LLC · 8 yrs held
Your Property Shop LLC
since 2017
5 recorded transactions
Zoning & alternative use
DC · 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
$4,133
Tax year 2023
Assessed value
$555,100
Assessed 2023
Previous assessed
$437,200
+27.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$275,300
Assessed improvement
$279,800
Land market value
$275,300
Improvement market value
$279,800
Total market value
$555,100
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1904
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
2
Rooms
4
Bathrooms
2
Total area
1,613 SF
Lot
0.22 ac (9,583 SF)
Zoning code
DC
APN
464900301000
UPID
US90-0364092
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Monroe, WA
Zoning DC · permitted uses
DC · 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
1904
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Rooms
4
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Your Property Shop LLC
Entity
Mailing address
PO BOX 815, MONROE, WA 98272-0815
Ownership since
2017
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
Sep 20, 2017
$375,000
Your Property Shop LLC
Hurst Knisley LLC
Warranty Deed
$356,250 · Hurst Knisley LLC
May 19, 2011
—
Hurst Knisley LLC
Hurst,edmond L & Cheri
Quit Claim Deed
related
—
May 16, 2006
—
James T Knisley
Susan Faye Hurst
Quit Claim Deed
related
$70,000 · Homestead Mortgage Company LLC
Apr 13, 2004
—
Gayle M Knisley
Hurst,lucille
Quit Claim Deed
related
—
—
—
Hurst Knisley LLC
—
Deed Of Trust
related
$130,000 · Us Bank Trust Co
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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