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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Hotels
14424 Wallace Lk Rd, Gold Bar, WA 98251-9222
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-3181965
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Construction
WOOD
Total area
3,597 SF
Lot
9.35 ac (407,286 SF)
Zoning code
R-5
APN
28093200301700
UPID
US90-3181965
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
-
The Wallace Falls Lodge Hotel & Motel Hostel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.56M
Owner & transaction history
Doyon LLC · 6 yrs held
Doyon LLC
since 2020
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
R-5 · Gold Bar, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+35.7%
Medical building
$1.4M
+22.1%
Office building
$1.3M
+11.6%
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 Gold Bar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gold Bar 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
$1,905,000
ML approach
$1,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,150,000
Current use
AUTO REPAIR, GARAGE
$1,560,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$1,405,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,285,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,090,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,045,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,040,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $1.48M (Mar 3 2020)
Last sale anchor
$1.48M
Mar 3 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
$432 / 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
$14,435
Tax year 2023
Assessed value
$1,706,000
Assessed 2023
Previous assessed
$1,335,100
+27.8% YoY
Effective rate
0.85%
On assessed value
Assessed land
$347,200
Assessed improvement
$1,358,800
Land market value
$347,200
Improvement market value
$1,358,800
Total market value
$1,706,000
Applied tax rate
3,377.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
NONE
Stories
1
Rooms
11
Bathrooms
10
Total area
3,597 SF
Lot
9.35 ac (407,286 SF)
Zoning code
R-5
APN
28093200301700
UPID
US90-3181965
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-5 · Gold Bar, WA
Zoning R-5 · permitted uses
R-5 · Gold Bar, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gold Bar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
10
Lot
9.35 ac
Current owner
From public records · entity-resolved
Doyon LLC
Entity
Mailing address
9030 4TH AVE NW, SEATTLE, WA 98117-2111
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
Doyon LLC
—
Deed
related
$1,018,000 · Gesa Cu
Mar 3, 2020
$1,477,500
Doyon LLC
Tim Swanson
Warranty Deed
$1,108,125 · Gesa Cu
Sep 2, 1997
—
Tim Swanson
Ssi Properties INC
Quit Claim Deed
related
—
Feb 19, 1997
$75,000
Ssi Properties INC
Tracy,edward M
Grant Deed
$59,500 · Individual
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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