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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Investment properties
1356 Fls Crk Loop Oak Harbor, WA 98277-3831
Entity Owned
4-yr Hold
Property ID
US90-0089089
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Total area
2,644 SF
Lot
0.16 ac (6,970 SF)
Zoning code
20
APN
S7632-00-00023-0
UPID
US90-0089089
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
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$600k
Owner & transaction history
Vallencourt Enterprises LLC · 4 yrs held
Vallencourt Enterprises LLC
since 2021
Last sale
$595,000
7 recorded transactions
Zoning & alternative use
20 · Oak Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$690,000
+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
$640,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$675,000
Current use
RETAIL STORES
$690,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $595k (Oct 15 2021)
Last sale anchor
$595k
Oct 15 2021
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
$227 / 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
$546,477
Assessed 2023
Previous assessed
$397,494
+37.5% YoY
Assessed land
$190,000
Assessed improvement
$356,477
Land market value
$190,000
Improvement market value
$356,477
Total market value
$546,477
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
2005
Heating
GAS
Stories
2
Bathrooms
4
Total area
2,644 SF
Lot
0.16 ac (6,970 SF)
Zoning code
20
APN
S7632-00-00023-0
UPID
US90-0089089
Jurisdiction
ISLAND
Zoning & alternative use
20 · Oak Harbor, WAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$675,000
RETAIL STORES
Est. value
$690,000
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
2005
Heating
GAS
Stories
2
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Vallencourt Enterprises LLC
Entity
Mailing address
835 SILVER LK RD, OAK HARBOR, WA 98277-7808
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$595,000
Vallencourt Enterprises LLC
James H Miller
Warranty Deed
—
Feb 7, 2020
—
James H Miller
—
Deed
related
$45,900 · Boeing Emps Cu
Jul 26, 2018
—
James H Miller
James H Miller
Intrafamily Transfer
related
$245,000 · United Wholesale Mortgage
Apr 26, 2012
—
James H Miller
Federal Hm Ln Mtg Corp
Grant Deed
$249,000 · Usaa Fsb
Oct 3, 2011
$196,146
Federal Hm Ln Mtg Corp
Northwest Trustee Services INC
Trustees Deed
related
—
Jun 5, 2007
$335,000
Robert N Walker
Simple Abundance LLC
Warranty Deed
$268,000 · Alaska USA Mortgage Company LLC
Nov 17, 2005
—
Simple Abundance LLC
Shepherd,douglas B & Sandra L
Quit Claim Deed
related
—
Nov 1, 2005
—
Simple Abundance LLC
Simple Abundance LLC
Quit Claim Deed
related
—
Jul 20, 2004
—
Douglas B Shepherd
Churchill,george B & Vickie I
Quit Claim Deed
$1,992,000 · Banner Bank
—
—
James H Miller
—
Deed Of Trust
related
$45,900 · Boeing Emps Cu
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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