Property profile

123 3rd S Ave Edmonds, WA 98020

OFF-MARKET
Banks
Property ID
US90-1771201
8,630 SF 0.24 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1985
Construction TYPE NOT SPECIFIED
Total area 8,630 SF
Lot 0.24 ac (10,454 SF)
Zoning code E0
APN 27032300405100
UPID US90-1771201

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank
  • Bank
  • Bank
  • Bank
  • Loan Service

Location

123 3rd S Ave Edmonds, WA 98020-3555
Edmonds metro Census 50501 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$715k
Blend (final) Blend
$620k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2014
$750,000
2013
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

E0 · Edmonds, WA
Top alternative use upside
Medical building $840,000 +8.0%
Retail stores $825,000 +5.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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