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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Agricultural properties
118 6th St Gold Bar, WA 98251
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1454575
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Year built
2011
Construction
WOOD
Total area
3,926 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CB
APN
457600500100
UPID
US90-1454575
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
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Bnb LLC · 3 yrs held
Bnb LLC
since 2023
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
CB · Gold Bar, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+133.9%
Auto repair, garage
$490,000
+73.9%
Medical building
$440,000
+56.0%
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 Gold Bar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gold Bar 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
$670,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$660,000
Change: +134% · Conversion: Difficult
AUTO REPAIR, GARAGE
$490,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$440,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $640k (Feb 13 2023)
Last sale anchor
$640k
Feb 13 2023
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
$167 / 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
$3,618
Tax year 2023
Assessed value
$475,000
Assessed 2023
Previous assessed
$432,200
+9.9% YoY
Effective rate
0.76%
On assessed value
Assessed land
$102,200
Assessed improvement
$372,800
Land market value
$102,200
Improvement market value
$372,800
Total market value
$475,000
Applied tax rate
260.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
3,926 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CB
APN
457600500100
UPID
US90-1454575
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Gold Bar, WA
Zoning CB · permitted uses
CB · Gold Bar, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gold Bar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$490,000
MEDICAL BUILDING
Est. value
$440,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Bnb LLC
Entity
Mailing address
42700 156TH ST SE, GOLD BAR, WA 98251-9335
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2023
$640,000
Bnb LLC
50330 LLC
Warranty Deed
$428,000 · Washington State Employees Cu
Aug 17, 2021
—
50330 LLC
—
Deed
related
$305,500 · Washington Federal NA
Jan 5, 2021
$457,500
50330 LLC
Jake Sharpe
Warranty Deed
—
Jan 5, 2021
—
Grant Korzetz-50330 LLC
—
Deed Of Trust
related
$50,000 · David Faigin
Oct 27, 2003
$60,000
Jake Sharpe
Olson,norman C & Lisa A
Grant Deed
$58,918 · Dave Sharpe
—
—
Jake Sharpe
—
Deed Of Trust
related
$200,000 · Juniper Capital Corp
—
—
Norman C Olson
—
Deed Of Trust
related
$17,169 · American General Home Equity
—
—
Jake Sharpe
—
Deed Of Trust
related
$210,000 · Sound Insurance Agency INC Pen
—
—
Norman C Olson
—
Deed Of Trust
related
$19,000 · American General Fin'l Svcs
—
—
Jake Sharpe
—
Deed Of Trust
related
$190,000 · Seattle Economic Development
—
—
Jake Sharpe
—
Deed Of Trust
related
$130,000 · Burkard Family Trust (pt)
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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