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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Office buildings
125 164th SE St Bothell, WA 98012-5947
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1702711
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1983
Construction
WOOD
Total area
4,357 SF
Lot
0.66 ac (28,750 SF)
Zoning code
MR
APN
509400001600
UPID
US90-1702711
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
-
Mill Creek Acupuncture Wellness Medical Clinic
-
Andrea Snyder Physician
-
Christie Posey Physician
-
Allison Carnahan Physician
-
Nancy Kotlarz Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Mark Lee Barrett Dc LLC · 7 yrs held
Mark Lee Barrett Dc LLC
since 2018
7 recorded transactions
Zoning & alternative use
MR · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10%
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
$289 / 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
$9,689
Tax year 2023
Assessed value
$1,172,800
Assessed 2023
Previous assessed
$1,093,000
+7.3% YoY
Effective rate
0.83%
On assessed value
Assessed land
$718,300
Assessed improvement
$454,500
Land market value
$718,300
Improvement market value
$454,500
Total market value
$1,172,800
Applied tax rate
2,446.0000
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
1983
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
1
Total area
4,357 SF
Lot
0.66 ac (28,750 SF)
Zoning code
MR
APN
509400001600
UPID
US90-1702711
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MR · Bothell, WA
Zoning MR · permitted uses
MR · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Mark Lee Barrett Dc LLC
Entity
Mailing address
125 164TH PL SE, BOTHELL, WA 98012-9194
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2018
$985,000
Mark Lee Barrett Dc LLC
Birkeland,john M
Warranty Deed
$709,150 · John M Birkeland
Sep 5, 2018
—
Martha Lk Chiropractic Ctr
—
Deed
related
$390,000 · Keybank USA
Dec 20, 2011
—
John M Birkeland
Birkeland,teresa R
Quit Claim Deed
related
$125,000 · Teresa R Birkeland
Sep 26, 2008
$293,498
Brianne E Makanani
164th Street Townhomes LLC
Warranty Deed
$290,386 · Wells Fargo Bank NA
Jan 8, 1998
$362,750
John M Birkeland
Jones,andeea M
Grant Deed
—
Nov 1, 1990
$220,000
Daniel J Terry
Unknown
Grant Deed
—
—
—
John M Birkeland
—
Deed Of Trust
related
$585,000 · Benny P & Joyce L Birkeland
—
—
Martha Lk Chiropractic Ctr
—
Deed Of Trust
related
$390,000 · Keybank USA
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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