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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Assisted living facilities
1111 376th St Milton, WA 98354-5501
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1176030
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
144,624 SF
Lot
11.65 ac (507,535 SF)
Zoning code
PD
APN
436820-0010
UPID
US90-1176030
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
-
Meridian at Stone Creek Nursing Home Retirement Community
-
The Meridian at Stone Creek Nursing Home Retirement Community
-
Beauty Everlasting LLC Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Senior Living Milton Pacifica · 12 yrs held
Senior Living Milton Pacifica
since 2013
7 recorded transactions
Zoning & alternative use
PD · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PLANNED DEVELOPMENT (PD) DISTRICT Chapter 17.41 OPEN SPACE (OS) DISTRICT (§ 17.41.010 - § 17.41.020) Chapter 17.42 SPECIAL USES (§ 17.42.010 - § 17.42.090) Chapter 17.43 DESIGN STANDARDS AND GUIDELINES (§ 17.43.010 - § 17.43.050)
Zone name
Planned Development District
General category
PLANNED_DEVELOPMENT
Zone area
151.64 ac
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$16 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$308,335
Tax year 2022
Assessed value
$31,897,600
Assessed 2022
Previous assessed
$31,897,600
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$2,030,100
Assessed improvement
$29,867,500
Land market value
$2,030,100
Improvement market value
$29,867,500
Total market value
$31,897,600
Applied tax rate
1,848.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Buildings
4
Stories
3
Units
184
Total area
144,624 SF
Lot
11.65 ac (507,535 SF)
Zoning code
PD
APN
436820-0010
UPID
US90-1176030
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PD · Milton, WAZoning PD · permitted uses
PD · Milton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PLANNED DEVELOPMENT (PD) DISTRICT Chapter 17.41 OPEN SPACE (OS) DISTRICT (§ 17.41.010 - § 17.41.020) Chapter 17.42 SPECIAL USES (§ 17.42.010 - § 17.42.090) Chapter 17.43 DESIGN STANDARDS AND GUIDELINES (§ 17.43.010 - § 17.43.050)
Zone name
Planned Development District
General category
PLANNED_DEVELOPMENT
Zone area
151.64 ac
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
3
Buildings
4
Units
184
Lot
11.65 ac
Current owner
From public records · entity-resolved
Senior Living Milton Pacifica
Individual
Mailing address
1775 HANCOCK ST STE #200, SAN DIEGO, CA 92110-2036
Ownership since
2013
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
Mar 31, 2025
—
Pacifica Senior Living Milton LLC
—
Deed
related
—
Dec 23, 2013
$8,600,000
Senior Living Milton Pacifica
Sterling Svgs Bk
Grant Deed
—
Jul 18, 2011
—
Milton Senior Community LLC
Land Lloyd Dev Co
Quit Claim Deed
related
—
Jul 18, 2011
$18,260,000
Intervest Mtg Inv Co
Gibbon Karen L
Trustees Deed
related
—
Mar 30, 2010
—
Land Lloyd Dev Co INC
—
Deed Of Trust
related
$2,000,000 · Heritage Bank
Nov 15, 2006
—
Milton Senior Community LLC
Land Lloyd Dev Co INC
Grant Deed
$25,320,000 · Intervest Mortgage Co LLC
Nov 16, 1994
$344,078
Land Lloyd Development Company
Little Homes Partners
Grant Deed
—
—
—
Land Lloyd Dev Co INC
—
Deed Of Trust
related
$690,000 · Heritage 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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