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Property profile & analytics
OFF-MARKET
Estimated value
$4,855,000
Industrial properties
13869 45th NE Ave Marysville, WA 98271-7850
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2405869
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
2023
Total area
12,000 SF
Lot
5 ac (217,800 SF)
Zoning code
LI
APN
30050400101200
UPID
US90-2405869
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
Current use
Occupant on record · Public records
-
NW Dirt Rentals @ Kitsap Tractor (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Kitsap Tractor & Equipment Agricultural Supply
-
Northwest Geosystems Big Box & Wholesale Store Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.14M
Blend (final)
Blend
$4.86M
Owner & transaction history
Deerhaven Vi LLC · 5 yrs held
Deerhaven Vi LLC
since 2020
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
LI · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.2M
+104.4%
Apartment house (5+ units)
$5.0M
+63.1%
Auto repair, garage
$4.9M
+61.1%
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$5,875,000
ML approach
$6,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,045,000
Current use
RESTAURANT
$6,220,000
Change: +104% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,965,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,900,000
Change: +61% · Conversion: Easy
MEDICAL BUILDING
$4,685,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$4,255,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,640,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,465,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$4.86M
Range $4.37M – $5.34M · ±10% · vs last sale $4.55M (Sep 23 2020)
Last sale anchor
$4.55M
Sep 23 2020
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
$405 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,141
Tax year 2023
Assessed value
$4,715,000
Assessed 2023
Previous assessed
$4,210,000
+12.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,306,800
Assessed improvement
$3,408,200
Land market value
$1,306,800
Improvement market value
$3,408,200
Total market value
$4,715,000
Applied tax rate
511.0000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
2023
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Total area
12,000 SF
Lot
5 ac (217,800 SF)
Zoning code
LI
APN
30050400101200
UPID
US90-2405869
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Marysville, WA
Zoning LI · permitted uses
LI · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.0M
RESTAURANT
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2023
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
5 ac
Current owner
From public records · entity-resolved
Deerhaven Vi LLC
Entity
Mailing address
9145 SILVERDALE WAY NW, SILVERDALE, WA 98383-8578
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
Deerhaven Vi LLC
Reece Construction Co
Warranty Deed
—
Feb 27, 2020
—
Reece Construction Co
—
Deed
related
$2,000,000 · State Bk/ceylon
Oct 21, 2015
$451,935
Reece Construction Co
Christian & Missionary Allianc
Warranty Deed
—
May 21, 2004
$973,990
Christian Allianc
Smokey Point Venture
Grant Deed
$2,200,000 · Alliance Development Fund INC
—
—
Reece Construction Co
—
Deed Of Trust
related
$2,000,000 · State Bk/ceylon
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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