New search
Property profile & analytics
OFF-MARKET
Estimated value
$55,055,000
Schools
11215 47th W Ave Mukilteo, WA 98275-5005
Entity Owned
~
Est. High Equity
Property ID
US90-0601655
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1996
Construction
TYPE NOT SPECIFIED
Total area
21,156 SF
Lot
0.45 ac (19,602 SF)
Zoning code
IP
APN
715100003000
UPID
US90-0601655
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
$55.06M
Owner & transaction history
Ei Properties LLC
Ei Properties LLC
since 2026
Last sale
$55.1M
7 recorded transactions
Zoning & alternative use
IP · Mukilteo, 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 Mukilteo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mukilteo 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
$2,602 / 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
$29,537
Tax year 2023
Assessed value
$4,210,000
Assessed 2023
Previous assessed
$3,814,000
+10.4% YoY
Effective rate
0.70%
On assessed value
Assessed land
$467,300
Assessed improvement
$3,742,700
Land market value
$467,300
Improvement market value
$3,742,700
Total market value
$4,210,000
Applied tax rate
671.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1996
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
21,156 SF
Lot
0.45 ac (19,602 SF)
Zoning code
IP
APN
715100003000
UPID
US90-0601655
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IP · Mukilteo, WA
Zoning IP · permitted uses
IP · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Ei Properties LLC
Entity
Mailing address
4413 CHENNAULT BCH RD, MUKILTEO, WA 98275-5048
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
$55,055,000
Ei Properties LLC
Electroimpact INC
Warranty Deed
—
Sep 23, 2016
$3,000,000
Electroimpact INC
Work Force Dev Center
Warranty Deed
—
Jun 2, 2016
—
Work Force Dev Center
—
Deed
related
$300,000 · Pietromonaco/airport Road LLC
May 23, 1996
—
Work Force Development Agency
—
Grant Deed
related
$1,027,000 · West One Bank Washington
Aug 9, 1995
$170,000
Work Force Dev Agency
Harbour Pointe LP
Grant Deed
$110,000 · Seller
—
—
Work Force Dev Center
—
Deed Of Trust
related
—
—
—
Work Force Dev Center
—
Deed Of Trust
related
$300,000 · Pietromonaco/airport Road LLC
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 11215 47th W Ave?
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.
