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Property profile & analytics
FOR LEASE
Industrial land
1530 Bonneville Ave Snohomish, WA 98290
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0375590
For Lease
$3,465,000
1530 Bonneville Ave, Snohomish, WA 98290
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1934
Total area
1,112 SF
Lot
1.45 ac (63,162 SF)
Zoning code
IND
APN
538901000000
UPID
US90-0375590
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
-
APAC Precast Concrete Accessories General Contractor Construction Company
-
Stoneworks - Cornerstone Building Brands Industrial Manufacturer Production Facility
-
Custom Stones Inc Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.47M
Owner & transaction history
Snohmish Industrial Investors LLC · 5 yrs held
Snohmish Industrial Investors LLC
since 2021
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
IND · Snohomish, 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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
$3,715,000
ML approach
$3,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.47M
Range $3.12M – $3.81M · ±10% · vs last sale $3.20M (May 12 2021)
Last sale anchor
$3.20M
May 12 2021
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
$3,116 / 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
$23
Tax year 2023
Assessed value
$1,500
Assessed 2023
Previous assessed
$1,500
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,500
Land market value
$1,500
Total market value
$1,500
Applied tax rate
735.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
For Lease
Year built
1934
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,112 SF
Lot
1.45 ac (63,162 SF)
Zoning code
IND
APN
538901000000
UPID
US90-0375590
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IND · Snohomish, WA
Zoning IND · permitted uses
IND · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Snohmish Industrial Investors LLC
Entity
Mailing address
SEATTLE, WA 98122
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2021
$3,200,000
Snohmish Industrial Investors LLC
Bckm LLC
Warranty Deed
$2,330,000 · Snohomish Industrial Investors LLC
Jan 31, 2006
$645,000
Bckm LLC
First Snohomish LLC
Warranty Deed
$419,250 · Bay Bank
Nov 5, 2004
$24,750
First Snohomish LLC
Binckley,william & Teresa
Quit Claim Deed
related
—
Jun 15, 2004
$256,000
William Binckley
Hoffman,tr
Grant Deed
related
$203,309 · Banner Bank
—
—
Bckm LLC
—
Deed Of Trust
related
$100,000 · Cascade Bank
—
—
Bckm LLC
—
Deed Of Trust
related
$98,157 · Cascade 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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