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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Investment properties
1313 Fls Crk Loop Oak Harbor, WA 98277-3828
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-3232659
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Total area
4,106 SF
Lot
0.3 ac (13,068 SF)
Zoning code
20
APN
S7632-00-00039-0
UPID
US90-3232659
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
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$890k
Blend (final)
Blend
$815k
Owner & transaction history
Wi Homes Wa LLC · 3 yrs held
Wi Homes Wa LLC
since 2022
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
20 · Oak Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+2.2%
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 Oak Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Harbor 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
$775,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,050,000
Current use
RETAIL STORES
$1,075,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $825k (Dec 6 2022)
Last sale anchor
$825k
Dec 6 2022
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
$198 / 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
Property tax & assessments
Assessed value
$661,125
Assessed 2023
Previous assessed
$480,952
+37.5% YoY
Assessed land
$190,000
Assessed improvement
$471,125
Land market value
$190,000
Improvement market value
$471,125
Total market value
$661,125
Applied tax rate
100.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2004
Heating
FLOOR/WALL FURNACE
Stories
2
Bathrooms
6
Total area
4,106 SF
Lot
0.3 ac (13,068 SF)
Zoning code
20
APN
S7632-00-00039-0
UPID
US90-3232659
Jurisdiction
ISLAND
Zoning & alternative use
20 · Oak Harbor, WA
Zoning 20 · permitted uses
20 · Oak Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Harbor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2004
Heating
FLOOR/WALL FURNACE
Stories
2
Bathrooms
6
Lot
0.3 ac
Current owner
From public records · entity-resolved
Wi Homes Wa LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Wi Homes Wa LLC
Divya Thaluru
Quit Claim Deed
related
—
Sep 27, 2022
—
Sindhuri Repaka
Vivekananda Samudrala
Quit Claim Deed
related
—
Sep 27, 2022
$825,000
Divya Thaluru
Graceful Living Properties LLC
Warranty Deed
$618,750 · Farmers Bank & Trust
Jul 31, 2014
$428,050
Graceful Living Properties LLC
Quaresma Amelia P 1996 Trust
Warranty Deed
—
Apr 15, 2010
—
Quaresma Amelia P 1996 Trust
Quaresma,amelia P
Quit Claim Deed
related
$236,000 · Quicken Loans INC
Jul 6, 2007
$472,500
Amelia P Quaresma
Monet LLC
Warranty Deed
$204,702 · Homecomings Financial LLC
Jun 17, 2005
—
Monet LLC
Shepherd,douglas B & Sandra L
Quit Claim Deed
related
—
Jun 13, 2005
—
Douglas B Shepherd
Pacific Crest Investments LLC
Quit Claim Deed
related
—
Mar 24, 2004
—
Douglas B Shepherd
Churchill,george B & Vickie I
Quit Claim Deed
related
$272,000 · Banner 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.
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