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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Assisted living facilities
1300 O Ave Anacortes, WA 98221-2187
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US90-1191442
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Total area
58,473 SF
Lot
0.48 ac (20,996 SF)
APN
3772-055-010-0002
UPID
US90-1191442
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
-
Mindflower Project Alternative Medicine Practice Spa & Massage Center
-
Chandler's Square Retirement Community Retirement Community
-
Joseph R. Arellano, LMP Alternative Medicine Practice Spa & Massage Center
-
Arellano Joe Alternative Medicine Practice Spa & Massage Center
-
Mindflower Anacortes Meditation/Bodywork Alternative Medicine Practice Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Anacortes Senior Housing LLC · 30 yrs held
Anacortes Senior Housing LLC
since 1996
5 recorded transactions
Zoning & alternative use
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 Anacortes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anacortes 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
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$15 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$86,503
Tax year 2022
Assessed value
$10,125,900
Assessed 2021
Previous assessed
$10,125,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,703,300
Assessed improvement
$8,422,600
Land market value
$1,703,300
Improvement market value
$8,422,600
Total market value
$10,125,900
Applied tax rate
900.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Heating
NONE
Total area
58,473 SF
Lot
0.48 ac (20,996 SF)
APN
3772-055-010-0002
UPID
US90-1191442
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Lot
0.48 ac
Current owner
From public records · entity-resolved
Anacortes Senior Housing LLC
Entity
Mailing address
201 NE PARK PLZ DR STE #105, VANCOUVER, WA 98684-5874
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2011
—
Anacortes Senior Housing LLC
—
Grant Deed
related
$7,445,000 · Peoples Bank & Trust
Nov 5, 2009
—
Anacortes Senior Housing LLC
—
Grant Deed
related
$7,445,000 · Peoples Bank & Trust
Aug 7, 1996
$305,277
Anacortes Senior Housing LLC
Security Investors INC
Grant Deed
related
$3,750,000 · Interwest Savings Bank
—
—
Anacortes Senior Housing LLC
—
Deed Of Trust
related
$250,000 · Peoples Bank & Trust
—
—
Anacortes Senior Housing LLC
—
Deed Of Trust
related
$350,000 · Peoples Bank & Trust
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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