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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office Spaces
116 Woodworth St Sedro Woolley, WA 98284-1460
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0047495
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1979
Total area
4,454 SF
Lot
0.13 ac (5,602 SF)
APN
4177-006-019-0005
UPID
US90-0047495
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
-
H&R Block Tax Preparation
-
Ministry Made Simple Church Mosque
-
Mrs. Davita Fox Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$560k
Owner & transaction history
Staghorn Ent LLC · 5 yrs held
Staghorn Ent LLC
since 2020
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
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 Sedro Woolley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sedro Woolley 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
$590,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $475k (Oct 22 2020)
Last sale anchor
$475k
Oct 22 2020
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
$126 / 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
$3,892
Tax year 2022
Assessed value
$382,500
Assessed 2021
Previous assessed
$382,500
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$64,700
Assessed improvement
$317,800
Land market value
$64,700
Improvement market value
$317,800
Total market value
$382,500
Applied tax rate
935.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
4,454 SF
Lot
0.13 ac (5,602 SF)
APN
4177-006-019-0005
UPID
US90-0047495
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Staghorn Ent LLC
Entity
Mailing address
13563 TEAK LN, MOUNT VERNON, WA 98273-8558
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
—
Staghorn Enterprises LLC
—
Deed
related
$356,250 · Banner Bank
Oct 22, 2020
$475,000
Staghorn Ent LLC
Ministry M Simple
Warranty Deed
—
Sep 3, 2020
—
Ministry Made Simple
King Network Christ
Quit Claim Deed
—
May 21, 2019
$410,000
Christ King Network
Smiley,dean A
Warranty Deed
—
Feb 15, 2005
—
Dean A Smiley
Lemmon,richard
Warranty Deed
related
—
Dec 13, 2004
$380,000
Dean A Smiley
Lemmon,richard & Winifred M
Warranty Deed
$272,587 · Bank Of Washington
May 30, 1997
$29,995
Richard Lemon
Ridgway,kathleen C
Grant Deed
$156,099 · Key Bank NA
—
—
Richard Lemmon
—
Deed Of Trust
related
$146,362 · Whidbey Island Bank
—
—
Dean Smiley
—
Deed Of Trust
related
$150,000 · Colleen Smiley
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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