Financial
Distress signals
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). 7-yr Hold Held for 7 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 frontage providing exposure to approximately 26,000 vehicles per day. The property includes a medical-/dental-oriented lease space of 4,400 square feet with a reception area, multiple private offices and/or exam rooms, and three private bathrooms. The space is configured to be divisible into smaller areas, including a 1,280-square-foot option. Tenant uses are largely aligned with medical and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.1
Garden Center9.9
Furniture Store9.7

Location

16030 Bothell Everett Hwy Mill Creek, WA 98012
County assessor Recorded deeds · 7 transfers 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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