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Property profile & analytics
OFF-MARKET
Estimated value
$3,485,000
Manufacturing properties
14919 40th NE Ave, Marysville, WA 98271-8949
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US90-1267612
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
1999
Construction
STEEL FRAME
Total area
34,500 SF
Lot
4.54 ac (197,762 SF)
Zoning code
LI
APN
31053300203500
UPID
US90-1267612
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
-
OSW Service & Repair - Marysville Hardware & Home Improvement 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
$3.49M
Owner & transaction history
Gsc Partnership · 27 yrs held
Gsc Partnership
since 1998
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
$101 / 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
$27,261
Tax year 2023
Assessed value
$4,567,500
Assessed 2023
Previous assessed
$4,078,000
+12.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,186,600
Assessed improvement
$3,380,900
Land market value
$1,186,600
Improvement market value
$3,380,900
Total market value
$4,567,500
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
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
34,500 SF
Lot
4.54 ac (197,762 SF)
Zoning code
LI
APN
31053300203500
UPID
US90-1267612
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
1999
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
4.54 ac
Current owner
From public records · entity-resolved
Gsc Partnership
Entity
Mailing address
PO BOX 126, SILVANA, WA 98287-0126
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 1998
$581,000
Gsc Partnership
Intracorp Properties Pts
Grant Deed
$1,500,000 · Frontier Bank
Dec 21, 1995
$732,600
Intracorp Properties Ptshp Us
Partners Trust I
Grant Deed
—
Dec 21, 1995
—
Partners Trust I
Synsor Corp
Quit Claim Deed
related
—
Aug 1, 1990
$210,000
Synsor Corp
Unknown
Grant Deed
$172,200
—
—
Grimm Stewart LLC
—
Deed Of Trust
related
$2,500,000 · Cascade Bank
—
—
Gsc Ptshp
—
Deed Of Trust
related
$600,000 · Frontier Bank
—
—
Gsc Ptshp
—
Deed Of Trust
related
$150,000 · Frontier Bank
—
—
Grimm Stewart LLC
—
Deed Of Trust
related
$2,490,000 · Whidbey Island 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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