Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    125 164th SE St Bothell, WA 98012-5947

    • Office buildings
    • 4,357 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimations
    $1,260,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1702711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mill Creek Acupuncture Wellness / Medical Clinic
    • Andrea Snyder / Physician
    • Christie Posey / Physician
    • Allison Carnahan / Physician
    • Nancy Kotlarz / Physician

    Property Details for 125 164th SE St

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.66 lot acres
    Property size
    4,357 SF
    Zone code
    MR
    Property type
    Office buildings
    APN
    509400001600
    APU
    509400001600

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,275,000
      7%
      $1,185,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.23
    Latitude
    47.8498
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,689
    $718,300
    $454,500
    $1,172,800
    -
    $718,300
    $454,500
    $1,172,800

    Comparable in this City

    • Value Estimation
      $1,600,000
      10,540 SF

      16709 9th SE Ave

      PROFESSIONAL BUILDING • 10,540 SF
      16709 9th SE Ave, Bothell, WA 98012
      View Details
    • Value Estimation
      $4,360,000
      14,868 SF

      17921 Bothell Everett Hwy

      PROFESSIONAL BUILDING • 14,868 SF
      17921 Bothell Everett Hwy, Bothell, WA 98012-6393
      View Details
    • Value Estimation
      $8,650,000
      30,413 SF

      16000 Bothell Everett Hwy

      PROFESSIONAL BUILDING • 30,413 SF
      16000 Bothell Everett Hwy, Mill Creek, WA 98012-1742
      View Details
    • Value Estimation
      $10,875,000
      39,516 SF

      18323 Bothell Everett Hwy Ste, Unit 360

      PROFESSIONAL BUILDING • 39,516 SF
      18323 Bothell Everett Hwy Ste, Bothell, WA 98012-5247
      View Details
    • Value Estimation
      $4,485,000
      15,700 SF

      15712 Ml Crk Blvd

      PROFESSIONAL BUILDING • 15,700 SF
      15712 Ml Crk Blvd, Mill Creek, WA 98012-1573
      View Details
    • Value Estimation
      $2,250,000
      10,304 SF

      17905 Bothell Everett Hwy

      PROFESSIONAL BUILDING • 10,304 SF
      17905 Bothell Everett Hwy, Bothell, WA 98012-6343
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,397 SF

      Creekside Professional Building Investment Opportunity

      Turnkey, 100% occupied building with durable income and NNN leases.
      16504 9Th Ave SE, Mill Creek, WA 98012
      View Details
    • Contact for pricing
      19,397 SF

      Creekside Professional Building Investment Opportunity

      Turnkey, 100% occupied medical/professional building in desirable location.
      16504 9Th Ave SE, Mill Creek, WA 98012
      View Details
    • Contact for pricing

      Medical Office Space Sublease

      Small medical office space for sublease in Mill Creek.
      1025 153Rd St Southeast, Mill Creek, WA 98012
      View Details
    • Contact for pricing
      4,487 SF

      Mill Creek Office Space

      2016 square foot office property in Mill Creek, Washington.
      16000 Mill Creek Blvd, Mill Creek, WA 98012
      View Details
    • Contact for pricing

      Redevelopment Site in Mill Creek

      Prime location with strong visibility and redevelopment potential.
      4200 132Nd St SE, Mill Creek, WA 98012
      View Details
    • Contact for pricing

      Mill Creek Land for Sale

      3.6 acres zoned Business Park with self-storage potential.
      17414 Wa-527, Mill Creek, WA 98012
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mill Creek Pavilion Retail Space

      Retail space in high-traffic area, divisible to 1,280 SF.
      16030 Bothell Everett Hwy, Mill Creek, WA 98012
      View Details
    • Contact for pricing

      New Mill Creek Office Spaces

      Brand new, fully built-out office and small business spaces for lease.
      4008 133Rd Pl SE, Mill Creek, WA 98012
      View Details
    • $22 SF/Yr

      Prime Commercial Office Space Available

      Modern office space with ample parking and excellent location.
      24003 Bothell Everett Hwy, Bothell, WA 98012
      View Details
    • $1,466 /Mo
      733 SF

      Bothell Office in Commercial District

      Expansive second-story office space in a busy Bothell district.
      1729 208Th St SE, Bothell, WA 98012
      View Details
    • Contact for pricing

      Retail Space in Mill Creek

      Multi-tenant neighborhood center with retail, restaurant, and office spaces.
      3922 148Th St SE, Mill Creek, WA 98012
      View Details
    • Contact for pricing
      1,400 SF

      Mill Creek Second Floor Office

      Second floor office space featuring a kitchen and private deck.
      4012 148Th Ct Southeast, Mill Creek, WA 98012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 164th SE St
    Bothell, WA 98012-5947
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!