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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Retail space
11605 State Ave Marysville, WA 98271-8427
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1370899
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
17,095 SF
Lot
1.87 ac (81,457 SF)
Zoning code
M2
APN
30050900205100
UPID
US90-1370899
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
-
DDS Dental Dental Office
-
WW (Weight Watchers) Weight Loss Service Wellness Center
-
Matthew D. Mccann, DC Alternative Medicine Practice
-
The Smoke Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
A-1 Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
F Three LLC · 13 yrs held
F Three LLC
since 2013
7 recorded transactions
Zoning & alternative use
M2 · Marysville, 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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$129 / 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
$20,140
Tax year 2023
Assessed value
$3,374,000
Assessed 2023
Previous assessed
$3,183,000
+6.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,751,300
Assessed improvement
$1,622,700
Land market value
$1,751,300
Improvement market value
$1,622,700
Total market value
$3,374,000
Applied tax rate
511.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
17,095 SF
Lot
1.87 ac (81,457 SF)
Zoning code
M2
APN
30050900205100
UPID
US90-1370899
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Marysville, WA
Zoning M2 · permitted uses
M2 · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
F Three LLC
Entity
Mailing address
7500 212TH ST SW STE #101, EDMONDS, WA 98026-7614
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2013
$2,600,000
F Three LLC
Mariner Square Investments LLC
Warranty Deed
$1,830,000 · Whidbey Island Bank
Aug 6, 2003
—
Mariner Square Investments LLC
—
Trustees Deed
related
$2,500,000 · Horizon Bank
Jul 30, 2003
—
Mariner Square Investments LLC
Valley Garden II LP
Quit Claim Deed
related
—
Jan 31, 2002
$562,500
Mariner Square Partnership
Plaza 116 LLC
Grant Deed
—
Jan 31, 2002
$250,000
Garden Valley II
Plaza 116 LLC
Grant Deed
$570,411 · Horizon Bank
Mar 30, 1998
—
Plaza 116 LLC
Olson,allen C
Trustees Deed
$2,350,000 · First Mutual Savings Bank
—
—
Mariner Square Investments LLC
—
Deed Of Trust
related
$2,550,000 · Monumental Life Insurance
—
—
Plaza 116 LLC
—
Deed Of Trust
related
$400,000 · First Mutual Savings Bank
—
—
Plaza 116 LLC
—
Deed Of Trust
related
$50,000 · Lee Northwest Investment INC
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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