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Property profile & analytics
OFF-MARKET
Warehouses
14900 40th NE Ave Marysville, WA 98271-8914
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0757346
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
TYPE NOT SPECIFIED
Total area
22,500 SF
Lot
1.25 ac (54,450 SF)
Zoning code
LI
APN
691900000400
UPID
US90-0757346
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
-
Pacific Industrial Park Business Park
-
Lamar Technologies Corporation Logistics Company Moving Company
-
US Customs Services Federal Government Office
-
Snohomish County Emergency Radio System (SERS) Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bkm Pacific Industrial 912 LLC · 3 yrs held
Bkm Pacific Industrial 912 LLC
since 2022
Last sale
$20.3M
7 recorded transactions
Zoning & alternative use
LI · Marysville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,112
Tax year 2023
Assessed value
$3,034,000
Assessed 2023
Previous assessed
$2,709,000
+12.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$656,100
Assessed improvement
$2,377,900
Land market value
$656,100
Improvement market value
$2,377,900
Total market value
$3,034,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
22,500 SF
Lot
1.25 ac (54,450 SF)
Zoning code
LI
APN
691900000400
UPID
US90-0757346
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.
Building & site characteristics
From public records
Year built
1998
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Bkm Pacific Industrial 912 LLC
Entity
Mailing address
1701 QUAIL ST STE #100, NEWPORT BEACH, CA 92660-2796
Ownership since
2022
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 20, 2022
$20,272,000
Bkm Pacific Industrial 912 LLC
Pacific Industrial Park LP
Bargain And Sale Deed
$14,550,000 · Washington Federal NA
Jul 15, 2019
—
Pacific Industrial Park L P
—
Loan Modification
related
$7,000,000 · Alaska USA FCU
Mar 21, 2019
—
Pacific Industrial Park LP I
—
Deed
related
$6,000,000 · Alaska USA FCU
Aug 12, 2011
—
Industrial Park LP I Pacific
—
Deed Of Trust
related
$6,000,000 · Kansas City Life Insurance Co
Oct 30, 2009
—
Industrial Park LP I Pacific
—
Deed Of Trust
related
$2,060,000 · Mountain Pacific Bank
Aug 9, 2007
—
Industrial Park LP 1 Pacific
Peterson,robert E & Timmie J
Quit Claim Deed
related
—
Dec 18, 2000
—
Peterson R E
—
Deed Of Trust
related
$1,135,000 · Frontier Bank
Nov 29, 1999
—
Robert E Peterson
—
Grant Deed
related
$2,952,709 · Frontier Bank
—
—
Pacific Industrial Park Lp1
—
Deed Of Trust
related
$587,800 · Frontier Bank
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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