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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Drug stores
1115 13th St Snohomish, WA 98290-2012
Entity Owned
23-yr Hold
Free & Clear
Property ID
US90-0709460
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1983
Construction
TYPE NOT SPECIFIED
Total area
16,280 SF
Lot
1.32 ac (57,499 SF)
Zoning code
R2
APN
487700001000
UPID
US90-0709460
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
-
Snohomish & Monroe Accounting and Tax Service Accounting Firm Tax Preparation
-
Bartell Drugs Pharmacy Pharmacy
-
Bartell Drugs Pharmacy
-
Linda Cho, PharmD Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.53M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$2.81M
Owner & transaction history
Lakeview Place Building A LLC · 23 yrs held
Lakeview Place Building A LLC
since 2003
4 recorded transactions
Zoning & alternative use
R2 · Snohomish, WA
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,825,000
6.5%
$3,530,000
7%
$3,275,000
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10%
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
$173 / 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
$27,673
Tax year 2023
Assessed value
$3,158,000
Assessed 2023
Previous assessed
$2,979,000
+6.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$868,800
Assessed improvement
$2,289,200
Land market value
$868,800
Improvement market value
$2,289,200
Total market value
$3,158,000
Applied tax rate
735.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1983
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
16,280 SF
Lot
1.32 ac (57,499 SF)
Zoning code
R2
APN
487700001000
UPID
US90-0709460
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Snohomish, WAZoning R2 · permitted uses
R2 · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ord 2296 Development Code
Building & site characteristics
From public records
Year built
1983
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Lakeview Place Building A LLC
Entity
Free & Clear · 23 yrs held
Mailing address
1429 AVE D D, SNOHOMISH, WA 98290-1742
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2003
—
Lakeview Place Building A LLC
Kirtley,ralph R & Anna L
Grant Deed
related
—
Jan 23, 2002
$685,100
Ralph R Kirtley
Cole,gordon H & Christine L
Quit Claim Deed
related
—
Dec 27, 2001
—
Ralph R Kirtley
Lake View Place Ptshp
Quit Claim Deed
related
—
—
—
Lakeview Place Building A LLC
—
Deed Of Trust
related
$768,000 · Cascade 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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