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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Auto shops
12521 Mukilteo Speedway Lynnwood, WA 98087
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1099478
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Construction
WOOD
Total area
2,244 SF
Lot
1.22 ac (53,143 SF)
Zoning code
SG
APN
538100003200
UPID
US90-1099478
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$525k
Owner & transaction history
Belcher-harbour Pointe LLC · 20 yrs held
Belcher-harbour Pointe LLC
since 2006
7 recorded transactions
Zoning & alternative use
SG · Lynnwood, 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 Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood 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
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$234 / 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
$10,773
Tax year 2023
Assessed value
$1,285,000
Assessed 2023
Previous assessed
$1,217,900
+5.5% YoY
Effective rate
0.84%
On assessed value
Assessed land
$673,600
Assessed improvement
$611,400
Land market value
$673,600
Improvement market value
$611,400
Total market value
$1,285,000
Applied tax rate
2,310.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,244 SF
Lot
1.22 ac (53,143 SF)
Zoning code
SG
APN
538100003200
UPID
US90-1099478
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Lynnwood, WA
Zoning SG · permitted uses
SG · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Belcher-harbour Pointe LLC
Entity
Free & Clear · 20 yrs held
Mailing address
105 DECKER CT STE #900, IRVING, TX 75062-2227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2020
—
Belcher-harbour Pointe LLC
—
Deed
related
$906,500 · Coastal Cmnty Bk
Jun 14, 2018
—
Belcher-harbour Pointe LLC
—
Deed
related
$875,000 · Coastal Cmnty Bk
Jun 13, 2018
—
Belcher-harbour Pointe LLC
—
Deed
related
$800,000 · Coastal Cmnty Bk
Feb 26, 2013
—
Oil Express INC
—
Deed Of Trust
related
$20,000,000 · Sun Heartland Finance LLC
May 13, 2011
—
Jacob L Begis
—
Trustees Deed
related
$288,400 · James B & Bernadeen K Bowers
Aug 3, 2009
—
Oil Express INC
—
Deed Of Trust
related
$189,881,896 · Dymas Funding Co LLC
May 8, 2006
—
Oil Express INC
—
Deed Of Trust
related
$225,000,000 · Dymas Funding Co LLC
Apr 13, 2006
—
Belcher-harbour Pointe LLC
Belcher,donald L & Judy M
Quit Claim Deed
related
—
Jun 7, 1999
—
Washington State
Tosco Corp
Grant Deed
related
—
Aug 7, 1997
—
Tosco Marketing Co
Elias,nabil Y & Hedayat
Grant Deed
related
—
Mar 23, 1995
$315,000
Nabil Y Elias
Faulds,douglas
Grant Deed
$460,000 · Tosco Northwest Co
Dec 1, 1988
$184,249
Douglas Faulds
Unknown
Grant Deed
$163,981 · Seller
—
—
Belcher-harbour Pointe LLC
—
Loan Modification
related
$906,500 · Coastal Cmnty Bk
—
—
Belcher-harbour Pointe LLC
—
Loan Modification
related
$875,000 · Coastal Cmnty Bk
—
—
Belcher-harbour Pointe LLC
—
Loan Modification
related
$800,000 · Coastal Cmnty Bk
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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