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Property profile & analytics
OFF-MARKET
Estimated value
$3,830,000
Warehouses
11629 49th W Pl Mukilteo, WA 98275-4255
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US90-1253089
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
25,448 SF
Lot
1.04 ac (45,302 SF)
Zoning code
IP
APN
788400002300
UPID
US90-1253089
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
-
HealthFirst Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.83M
Owner & transaction history
Super Fn LLC · 22 yrs held
Super Fn LLC
since 2004
4 recorded transactions
Zoning & alternative use
IP · Mukilteo, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district IP is to promote Industrial Park uses.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
210.19 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,365,000
6.5%
$4,950,000
7%
$4,595,000
Blend value · Realmo final
$3.83M
Range $3.45M – $4.21M · ±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
$151 / 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
$3,819,800
+10.2% YoY
Effective rate
0.70%
On assessed value
Assessed land
$879,800
Assessed improvement
$3,330,200
Land market value
$879,800
Improvement market value
$3,330,200
Total market value
$4,210,000
Applied tax rate
673.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
25,448 SF
Lot
1.04 ac (45,302 SF)
Zoning code
IP
APN
788400002300
UPID
US90-1253089
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IP · Mukilteo, WAZoning IP · permitted uses
IP · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district IP is to promote Industrial Park uses.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
210.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
1.04 ac
Current owner
From public records · entity-resolved
Super Fn LLC
Entity
Mailing address
12310 NE 8TH ST STE #200, BELLEVUE, WA 98005-3185
Ownership since
2004
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
May 7, 2004
—
Super Fn LLC
Hoiland,donald J
Grant Deed
$316,000 · First Independent Mortgage
Jun 15, 2001
$555,000
Donald J Hoiland
North Campus Development Co Ll
Grant Deed
—
Jul 27, 2000
—
North Campus Dev Co LLC
—
Grant Deed
related
$4,950,000 · Interwest Bank
Jun 30, 1999
$6,331,863
North Campus Development Co
Boeing Co
Grant Deed
$4,432,302 · Seller
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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