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Financial
Distress signals
Property profile

15310 Main St Mill Creek, WA 98012

FOR SALE
Turn key restaurants
Property ID
US90-3075437
6,272 SF 0.28 ac lot Built 2006
Last sale Feb 2008 · $23,345,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial retail property is a shopping center configured with more than 80 individual storefronts, including retail boutiques, anchor tenant spaces, a high-end grocery component, restaurants, and assorted service-oriented businesses, supported by on-site common areas intended for extended visitor stays. The center hosts seasonal events that contribute to recurring public activity throughout the year.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$2.08M
Assessed land$509k
Assessed improvement$1.57M
Effective rate0.87%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$415k
Submarket $/SF estimate$670k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$7k
Operating expenses−$26k
NOI · 7.61% cap applied$61k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$518/SF
County average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$210 – $830
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.61%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PCB
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop24.1
Wholesale Shop22.7
Auto Parts Store20.6

Location

15310 Main St Mill Creek, WA 98012
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3226 132nd SE, Mill Creek, WA 98012-5666 $31,050,000 Feb 2025 17,300 SF
3322 132nd SE, Mill Creek, WA 98012-5654 $31,050,000 Feb 2025 50,352 SF
15109 35th SE, Mill Creek, WA 98012-4328 $655,000 Apr 2024 504 SF
1521 183rd SE, Bothell, WA 98012-6811 $850,000 May 2023 1,080 SF
19525 Bothell Everett, Bothell, WA 98012-7116 $1,060,000 Jul 2021 3,890 SF
19215 Filbert, Bothell, WA 98012-9650 $4,250,000 Jan 2021 2,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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