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Property profile

16030 Bothell Everett Hwy Mill Creek, WA 98012

FOR LEASE
Medical Office Space
Property ID
US90-0754440
26,304 SF 1.44 ac lot Built 1983
Last sale Sep 2018 · $9,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Mill Creek Pavilion is a 26,000-square-foot building located in a high-traffic retail corridor with exposure to more than 26,000 vehicles daily. A 4,400-square-foot interior space is configured with a reception area, multiple private offices or exam rooms, and three private bathrooms, and the space can be divided to approximately 1,280 square feet for smaller occupancy needs. The property has a tenant mix that has primarily included medical and dental professionals, and it offers ample parking…

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?
$76k
Tax billed · 2023
Assessed value$8.69M
Assessed land$2.25M
Assessed improvement$6.44M
Effective rate0.88%

Value estimate

· Oct 2026
$5.12M
$4.61M – $5.63M
CAP approach$5.93M
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 57,041.67% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$390/SF
County average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$302 – $521

Cap rate analysis

How does the asset earn?
57,041.67%
$14k 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?
BP
The intent of the business park zoning district is to provide suitable areas for commercial development where the primary land uses are m...
General categoryINDUSTRIAL
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 Shop24.2
Wholesale Shop22.8
Auto Parts Store20.7

Location

16030 Bothell Everett Hwy Mill Creek, WA 98012
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
805 164th SE, Mill Creek, WA 98012-6316 $3,025,000 Dec 2024 11,679 SF
15906 Ml Crk, Mill Creek, WA 98012-1797 $8,250,000 Jan 2019 22,018 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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