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Property profile & analytics
OFF-MARKET
Estimated value
$4,710,000
Parking lots & garages
133 Blakeley St Monroe, WA 98272
Entity Owned
~
Est. High Equity
Property ID
US90-2296063
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1975
Lot
0.12 ac (5,227 SF)
Zoning code
DC
APN
517401802100
UPID
US90-2296063
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.71M
Owner & transaction history
Lewis Monroe LLC
Lewis Monroe LLC
since 2025
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
DC · Monroe, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the downtown commercial zone is to integrate civic, commercial, entertainment, cultural, and residential uses and increase economic and urban activity levels within the zone. Development standards or guidelines applicable to the downtown commercial zone enhance opportunities for significant growth of office, commercial, and residential project…
Zone name
Downtown Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
69.62 ac
Source
Realmo
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$627
Tax year 2023
Assessed value
$83,800
Assessed 2023
Previous assessed
$84,000
-0.2% YoY
Effective rate
0.75%
On assessed value
Assessed land
$81,000
Assessed improvement
$2,800
Land market value
$81,000
Improvement market value
$2,800
Total market value
$83,800
Applied tax rate
530.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1975
Heating
NONE
Lot
0.12 ac (5,227 SF)
Zoning code
DC
APN
517401802100
UPID
US90-2296063
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Monroe, WAZoning DC · permitted uses
DC · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the downtown commercial zone is to integrate civic, commercial, entertainment, cultural, and residential uses and increase economic and urban activity levels within the zone. Development standards or guidelines applicable to the downtown commercial zone enhance opportunities for significant growth of office, commercial, and residential projects in the city’s core
Zone name
Downtown Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
69.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Lewis Monroe LLC
Entity
Mailing address
1037 NE 65TH ST #80172, SEATTLE, WA 98115-6655
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$4,708,750
Lewis Monroe LLC
Light Space Shadow Lewis LLC
Warranty Deed
$7,891,000 · Washington Trust Bank
Oct 5, 2018
$281
Light Space Shadow Lewis LLC
Zen Lakes LLC
Quit Claim Deed
related
—
Sep 11, 2018
$2,050,000
Zen Lakes LLC
Dunbar,janine M
Warranty Deed
—
Apr 13, 2005
—
Rorry M Dunbar
Dunbar,rorry M & Janine M
Quit Claim Deed
related
—
Jun 27, 2003
—
Drw Partnership
—
Deed Of Trust
related
$1,600,000 · Horizon Bank
—
—
D R W Investments
—
Deed Of Trust
related
$40,328 · First Heritage Bank
—
—
Donbar Warren Gail Dan S Rorry
—
Deed Of Trust
related
$150,000 · Evertrust Bank
—
—
D R W Investments
—
Deed Of Trust
related
$87,720 · First Heritage Bank
—
—
Rorry M Dunbar
—
Deed Of Trust
related
$997,000 · First Heritage Bank
—
—
Warren W Gale
—
Deed Of Trust
related
$450,000 · First Heritage Bank
—
—
D R W Investments Partnership
—
Deed Of Trust
related
$100,000 · Horizon 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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