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Property profile & analytics
FOR LEASE
Retail space
13119 Seattle Hill Rd Snohomish, WA 98296
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1494470
No photos on file
For Lease
$16,563/Mo
13119 Seattle Hill Rd, Snohomish, WA 98296
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
11,621 SF
Lot
2.95 ac (128,502 SF)
Zoning code
NB
APN
28052800401200
UPID
US90-1494470
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
-
Seattle Hill Physical Therapy - Snohomish, WA Physician
-
Seattle Hill Dentistry Dental Office
-
Bamboo Bowl Restaurant
-
Elizabeth King Jusko Physician
-
Chase ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.52M
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$3.40M
Owner & transaction history
Che Investments LLC · 9 yrs held
Che Investments LLC
since 2017
2 recorded transactions
Zoning & alternative use
NB · Snohomish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+22.4%
Apartment house (5+ units)
$4.8M
+16.7%
Medical building
$4.5M
+10.2%
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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%
$2,730,000
6.5%
$2,520,000
7%
$2,340,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,120,000
Current use
AUTO REPAIR, GARAGE
$5,040,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,805,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$4,535,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$4,145,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,525,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$3,355,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±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
$293 / 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
$81,126
Tax year 2023
Assessed value
$8,780,400
Assessed 2023
Previous assessed
$8,699,300
+0.9% YoY
Effective rate
0.92%
On assessed value
Assessed land
$4,229,000
Assessed improvement
$4,551,400
Land market value
$4,229,000
Improvement market value
$4,551,400
Total market value
$8,780,400
Applied tax rate
3,688.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2008
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
11,621 SF
Lot
2.95 ac (128,502 SF)
Zoning code
NB
APN
28052800401200
UPID
US90-1494470
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Snohomish, WA
Zoning NB · permitted uses
NB · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.5M
WAREHOUSE, STORAGE
Est. value
$3.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
2.95 ac
Current owner
From public records · entity-resolved
Che Investments LLC
Entity
Mailing address
5818 125TH PL SW, MUKILTEO, WA 98275-5548
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
$13,500,000
Che Investments LLC
Seattle Hill Crossing LLC
Warranty Deed
$9,500,000 · Boeing Emps Cu
Sep 7, 2007
$2,644,932
Seattle Hill Crossing LLC
Huff,micaela E L
Warranty Deed
$9,051,000 · Homestreet Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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