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Financial
Distress signals
Property profile

131 W Division St Arlington, WA 98223

FOR SALE
Commercial land
Property ID
US90-1046991
1,098 SF 0.08 ac lot Built 1922
Last sale Mar 2005 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space in Arlington, configured with a corner location that provides street frontage and on-site parking. It contains approximately 2,740 square feet of interior retail space and includes a grade-level bay served by a 10-foot overhead door. The building is described as being in good condition, and the space has historically operated as a spa and stove shop.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$262
Tax billed · 2023
Assessed value$33k
Assessed land$33k
Effective rate0.80%

Value estimate

· Oct 2026
$175k
$158k – $193k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$4k
Operating expenses−$17k
NOI · 2.86% cap applied$39k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
County average, outlier-cleaned · 165 recorded sales of this use type
Observed band · Q1–Q3$140 – $537
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.86%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
17
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Garden Center9.0
Auto Parts Store8.9

Location

131 W Division St Arlington, WA 98223
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Arlington, WA 98223 $680,000 Aug 2024 No data
501 Olympic, Arlington, WA 98223-1246 $865,000 Nov 2022 No data
16523 Smokey Pt, Arlington, WA 98223-8408 $1,200,000 Dec 2021 384 SF
17114 19th NE, Arlington, WA 98223-8032 $92,500 Apr 2021 864 SF
110 Maple, Arlington, WA 98223-1545 $440,000 Nov 2020 640 SF
Arlington, WA 98223 $1,350,000 Sep 2019 1,336 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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