Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    136 Blakeley St Monroe, WA 98272-1823
    Back to Search
    Property profile & analytics

    136 Blakeley St, Monroe, WA 98272-1823

    View on Map
    • Individual retail properties
    • 816 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US90-0538177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tanglez Salon / Hair Salon / Nail Salon

    Property Details for 136 Blakeley St

    Year built
    1901
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Zone code
    O0
    Property type
    Individual retail properties
    APN
    517401901801
    APU
    517401901801

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 10, 2003 $160,000 Rodney J Pope Green,thomas J & Veronica L Grant Deed $128k · Wells Fargo Home Mortgage INC
    Aug 24, 2000 $85,955 Green,thomas J & Veronica L Lee,stephen M & Sherri Trustees Deed —
    Jul 31, 2000 $69,500 Stephen M Lee American General Home Equity Quit Claim Deed · related —
    May 22, 2000 $80,771 American General Home Equity Goldfine,solomon W & Marian Trustees Deed · related —
    Dec 7, 1993 $67,500 — Speer,harry R Grant Deed · related $44k · Amer Gnrl Hm Equ
    Jun 1, 1989 $35,500 Harry R Speer Unknown Grant Deed —
    — — Solomon W Goldfine — Deed Of Trust · related $74k · American General Home Equity
    — — Sol Goldfine — Deed Of Trust · related $6k · Bridgeway Construction Co
    — — Thomas J Green — Deed Of Trust · related $135k · First Heritage Bank
    — — Solomon W Goldfine — Deed Of Trust · related $81k · American General Home Equity

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.973
    Latitude
    47.8564
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,603
    $240,000
    $109,500
    $349,500
    -
    $240,000
    $109,500
    $349,500

    Comparable in this City

    • Value Estimation
      $1,520,000
      139,412 SF

      19393 Tjerne SE Pl

      GARDEN CENTER, HOME IMPROVEMENT
      19393 Tjerne SE Pl, Monroe, WA 98272-1444
      View Details
    • Value Estimation by Request
      2,475 SF

      124 Main St

      APPLIANCE STORE
      124 Main St, Monroe, WA 98272-1506
      View Details
    • Value Estimation by Request
      2,140 SF

      331 Lewis St

      BARBER, HAIR SALON
      331 Lewis St, Monroe, WA 98272
      View Details
    • Value Estimation by Request
      846 SF

      102 Main St

      BARBER, HAIR SALON
      102 Main St, Monroe, WA 98272-1810
      View Details
    • Value Estimation by Request
      2,416 SF

      404 Fremont St

      BARBER, HAIR SALON
      404 Fremont St, Monroe, WA 98272-2315
      View Details
    • Value Estimation by Request
      0.15 Acres

      Monroe, WA 98272

      GROCERY, SUPERMARKET
      Monroe, WA 98272
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,992 SF

      Downtown Monroe Commercial Building

      4,992 SF commercial building in downtown Monroe for sale.
      381 E Main St, Monroe, WA 98272
      View Details
    • Contact for pricing

      Downtown Monroe Commercial Property

      Prime commercial property in downtown Monroe with flexible configurations.
      123 N Lewis St, Monroe, WA 98272
      View Details
    • Contact for pricing

      Monroe Development Opportunity: 2.78 Acres

      2.78 acres in Monroe with mixed-use zoning and income potential.
      16311 177Th Ave, Monroe, WA 98272
      View Details
    • Contact for pricing

      Downtown Monroe Commercial Building Opportunity

      4992 sq ft commercial building in downtown Monroe.
      381 E Main St, Monroe, WA 98272
      View Details
    • Contact for pricing

      Highway 2 Commercial Redevelopment Opportunity

      High-visibility commercial property with redevelopment potential and existing income.
      19930 State Route 2, Monroe, WA 98272
      View Details
    • $650,000
      4,685 SF

      Downtown Monroe Retail Opportunity

      Retail property in historic downtown Monroe, Washington.
      118 Lewis St, Monroe, WA 98272
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,539 SF

      Prime Retail/Medical Space Available

      High-visibility location ideal for retail, medical, and restaurant uses.
      17788-17792 147Th St SE, Monroe, WA 98272
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Monroe, WA

      930 SF retail space available for lease in Monroe.
      19881 State Route 2, Monroe, WA 98272
      View Details
    • Contact for pricing

      Retail Space in Historic District

      Retail property in downtown Monroe's historic district, walking distance to amenities.
      118 S Lewis St, Monroe, WA 98272
      View Details
    • Contact for pricing
      16,750 SF

      Corner Property on US Highway

      Rare corner retail property in established retail core.
      18906 Hwy 2, Monroe, WA 98272
      View Details
    • $7,667 /Mo
      5,750 SF

      Downtown Monroe Commercial Property

      Prime commercial property in downtown Monroe with high visibility.
      123 Lewis St, Monroe, WA 98272
      View Details
    • $6,400 /Mo
      4,800 SF

      Updated Mixed-Use Building in Monroe

      4,800 SF mixed-use building with retail, office, and storage.
      223 Lewis St, Monroe, WA 98272
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    136 Blakeley St
    Monroe, WA 98272-1823
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    136 Blakeley St, Monroe, WA, 98272
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!