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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Retail space
12221 Vlg Ctr Pl Mukilteo, WA 98275-6079
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3263502
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
WOOD
Total area
10,716 SF
Lot
0.57 ac (24,829 SF)
Zoning code
PCB(S)
APN
788400002801
UPID
US90-3263502
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
-
Village Dental Dental Office
-
Dr. Ping Zhou, DDS Dental Office
-
Studio Two Eleven Hair Salon
-
Rhonda Krahn Real Estate Agency
-
Advance Academy Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Silver Lake Endodontics INC · 7 yrs held
Silver Lake Endodontics INC
since 2018
4 recorded transactions
Zoning & alternative use
PCB(S) · Mukilteo, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$19,928
Tax year 2023
Assessed value
$2,840,000
Assessed 2023
Previous assessed
$2,755,500
+3.1% YoY
Effective rate
0.70%
On assessed value
Assessed land
$587,400
Assessed improvement
$2,252,600
Land market value
$587,400
Improvement market value
$2,252,600
Total market value
$2,840,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
10,716 SF
Lot
0.57 ac (24,829 SF)
Zoning code
PCB(S)
APN
788400002801
UPID
US90-3263502
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PCB(S) · Mukilteo, WA
Zoning PCB(S) · permitted uses
PCB(S) · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Silver Lake Endodontics INC
Entity
Mailing address
PO BOX 843, MUKILTEO, WA 98275-0843
Ownership since
2018
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
Oct 12, 2018
$281
Silver Lake Endodontics INC
Vcp LLC
Warranty Deed
$1,050,000 · Vcp LLC
Oct 5, 2017
—
Vcp LLC
—
Deed
related
$1,600,000 · Seattle Funding Group Ltd
Apr 6, 2005
$2,950,000
Vcp LLC
Seider Allen Holdings LLC
Warranty Deed
$1,987,126 · Prime Pacific Bank NA
Dec 28, 2004
—
Seider-allen Holdings LLC
Seider,charles H & Patricia N
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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