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Property profile & analytics
OFF-MARKET
Medical Office Space
134 Ave, Arlington, WA 98223-1340
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0052669
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
WOOD
Total area
1,641 SF
Lot
0.26 ac (11,326 SF)
Zoning code
16
APN
31051100201500
UPID
US90-0052669
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
by Request
Owner & transaction history
West Ave Properties LLC · 3 yrs held
West Ave Properties LLC
since 2022
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
16 · Arlington, WA
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$2,657
Tax year 2023
Assessed value
$343,100
Assessed 2023
Previous assessed
$305,300
+12.4% YoY
Effective rate
0.77%
On assessed value
Assessed land
$235,400
Assessed improvement
$107,700
Land market value
$235,400
Improvement market value
$107,700
Total market value
$343,100
Applied tax rate
110.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
1,641 SF
Lot
0.26 ac (11,326 SF)
Zoning code
16
APN
31051100201500
UPID
US90-0052669
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
16 · Arlington, WA
Zoning 16 · permitted uses
16 · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
West Ave Properties LLC
Entity
Mailing address
2518 N ELLINGTON ST, ELLENSBURG, WA 98926-3083
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
$500,000
West Ave Properties LLC
Rosie Enterprises LLC
Warranty Deed
$435,000 · Rosie Enterprises LLC
Aug 31, 2004
$216,000
Rosie Ents LLC
Northwest Veterinary Clinic Of Ar
Warranty Deed
$194,400 · California Bank & Trust
Jul 10, 2001
—
Northwest Veterinary Clinic Ar
Boskovich,stephen F
Quit Claim Deed
related
—
Jul 15, 1999
$50,000
Andrew M Stang
Smothers,wayne E & Marcia
Grant Deed
$144,612 · Frontier Bank
Dec 5, 1997
$34,333
Andrew M Stang
Elefson,e G & Audrey P
Grant Deed
$30,899 · Seller
Nov 1, 1990
$10,785
Nw Vet Clinic Of Arlington
Unknown
Grant Deed
—
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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