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Property profile & analytics
OFF-MARKET
Estimated value
$26,170,000
Apartment buildings
14500 Admiralty Way Lynnwood, WA 98087-5864
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-3348667
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1986
Construction
WOOD
Total area
193,744 SF
Lot
12.64 ac (550,598 SF)
Zoning code
SI
APN
373301101700
UPID
US90-3348667
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
-
Tamaron Ranch Apartments Apartment Complex Apartment Rental Agency
-
glow white hair & skincare llc Production Facility
-
Lynnwood Carpet & House Cleaning LLC Carpet Cleaning Service
-
4-Ten Project Charitable Organization Social Service Agency
-
Solution Plumbing & Heaing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.17M
Owner & transaction history
Tamaron Ranch LLC · 16 yrs held
Tamaron Ranch LLC
since 2010
7 recorded transactions
Zoning & alternative use
SI · Lynnwood, 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 Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$26.17M
Range $23.55M – $28.79M · ±10%
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
$135 / 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
$432,867
Tax year 2023
Assessed value
$52,204,200
Assessed 2023
Previous assessed
$49,711,000
+5.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$8,375,200
Assessed improvement
$43,829,000
Land market value
$8,375,200
Improvement market value
$43,829,000
Total market value
$52,204,200
Applied tax rate
2,310.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
3
Units
266
Rooms
266
Bathrooms
2
Total area
193,744 SF
Lot
12.64 ac (550,598 SF)
Zoning code
SI
APN
373301101700
UPID
US90-3348667
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SI · Lynnwood, WAZoning SI · permitted uses
SI · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
266
Rooms
266
Bathrooms
2
Lot
12.64 ac
Current owner
From public records · entity-resolved
Tamaron Ranch LLC
Entity
Mailing address
8488 N MERCER WAY, MERCER ISLAND, WA 98040-3134
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2020
—
Tamaron Ranch LLC
—
Deed
related
$48,960,000 · Dwight Capital LLC
Jul 7, 2010
$55,898
Tamaron Ranch LLC
Quail Run Associates
Quit Claim Deed
related
—
Mar 13, 2003
$13,874,577
Quail Run Associates
Sunridge Associates LLC
Grant Deed
—
May 13, 1998
—
USA-west Apartment Fund Ltd
Partners,sunridge
Quit Claim Deed
related
—
Dec 26, 1995
—
Sunridge Partners
USA-west Apartment Fund Ltd
Grant Deed
related
—
Oct 1, 1990
$9,674,900
USA-west Apt Fund Ltd
Unknown
Grant Deed
related
—
Nov 22, 1989
$71,525
Gregory S Warner
Wilder,verna B
Grant Deed
$67,989 · Mortgage Consultants
Sep 12, 1989
$117,950
Robert T Johnson
Exchanged Titles
Grant Deed
$82,550 · Pacific First Fsb
—
—
Tamaron Ranch LLC
—
Deed Of Trust
related
$15,000,000 · Hsbc Bank USA
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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