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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Office buildings
119 Cedar Ave Snohomish, WA 98290-2955
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0855047
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1896
Construction
WOOD
Total area
4,184 SF
Lot
0.26 ac (11,326 SF)
Zoning code
HB
APN
579401800100
UPID
US90-0855047
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
-
Origins Natural Health and Midwifery Medical Clinic
-
Amanda Jones ND Alternative Medicine Practice
-
Cassandra Hurd Alternative Medicine Practice
-
Halcyon Home Loans Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$1.20M
Owner & transaction history
High Point Church Of Snohomish · 1 yrs held
High Point Church Of Snohomish
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HB · Snohomish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+21.7%
Medical building
$1.6M
+9.5%
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,490,000
Current use
AUTO REPAIR, GARAGE
$1,815,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,635,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,440,000
Change: -4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,270,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,210,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Dec 20 2024)
Last sale anchor
$1.20M
Dec 20 2024
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
$287 / 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
$8,475
Tax year 2023
Assessed value
$952,100
Assessed 2023
Previous assessed
$831,000
+14.6% YoY
Effective rate
0.89%
On assessed value
Assessed land
$425,400
Assessed improvement
$526,700
Land market value
$425,400
Improvement market value
$526,700
Total market value
$952,100
Applied tax rate
735.0000
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 buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1896
Construction
WOOD
Heating
HEAT PUMP
Cooling
NONE
Stories
1
Rooms
16
Bathrooms
9
Total area
4,184 SF
Lot
0.26 ac (11,326 SF)
Zoning code
HB
APN
579401800100
UPID
US90-0855047
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HB · Snohomish, WA
Zoning HB · permitted uses
HB · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1896
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
16
Bathrooms
9
Lot
0.26 ac
Current owner
From public records · entity-resolved
High Point Church Of Snohomish
Entity
Mailing address
4633 POPLAR RDG DR, FORT WORTH, TX 76123-4051
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$1,200,000
High Point Church Of Snohomish
Eldon Liu
Warranty Deed
$975,000 · Wesleyan Investment Foundation INC
Dec 6, 2024
—
Eldon Liu
Eldon Liu
Deed
related
—
Aug 2, 2024
$425,000
Eldon Liu
Vida Nova Group LLC
Warranty Deed
—
Mar 1, 2019
$825,000
Vida Nova Group LLC
Countryman,lawrence E & Sandra L
Warranty Deed
—
—
—
Lawrence Countryman
—
Deed Of Trust
related
$20,747 · Frontier Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$500,000 · Citibank Fsb
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$150,000 · Cascade Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$255,000 · Cascade Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$125,000 · City Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$176,567 · City Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$100,000 · Cascade Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$269,400 · Cascade Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$100,000 · Union Fed'l Bank Indianapolis
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$350,000 · Homestar Lending
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$80,000 · Cascade Bank
—
—
Lawrence E Countryman
—
Deed Of Trust
related
$32,019 · Associates Financial Svcs Wa
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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