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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Office buildings
1610 Commercial Ave Anacortes, WA 98221-2275
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1366177
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
6,500 SF
Lot
0.21 ac (9,278 SF)
APN
3772-045-020-0001
UPID
US90-1366177
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
-
Andrea Wood Physician
-
Amber Walker Physician
-
Brian Crecelius Physician
-
John Quinn Physician
-
ELIZABETH DURKIN Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$605k
Owner & transaction history
Schussboomer Properties LLC · 9 yrs held
Schussboomer Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
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 Anacortes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anacortes 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$93 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,375
Tax year 2022
Assessed value
$745,700
Assessed 2021
Previous assessed
$745,700
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$367,800
Assessed improvement
$377,900
Land market value
$367,800
Improvement market value
$377,900
Total market value
$745,700
Applied tax rate
900.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Stories
1
Total area
6,500 SF
Lot
0.21 ac (9,278 SF)
APN
3772-045-020-0001
UPID
US90-1366177
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Schussboomer Properties LLC
Entity
Mailing address
PO BOX 1420, ANACORTES, WA 98221-6420
Ownership since
2017
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
Jul 3, 2025
—
Schussboomer Properties LLC
—
Deed
related
$500,000 · Peoples Bank
Oct 27, 2021
—
Schussboomer Properties LLC
—
Deed
related
$1,807,500 · Peoples Bank
Mar 15, 2017
—
Schussboomer Properties LLC
Welch,kevin P & Jenny L
Warranty Deed
—
Sep 23, 2004
—
Kevin Welch
Frontier Bank
Quit Claim Deed
related
—
—
—
Kevin Welch
—
Deed Of Trust
related
$245,000 · Whidbey Island Bank
—
—
Kevin Welch
—
Deed Of Trust
related
$397,466 · Heritage Bk
—
—
Kevin Welch
—
Deed Of Trust
related
$245,000 · Frontier Bank
—
—
Kevin P Welch
—
Deed Of Trust
related
$245,000 · Frontier 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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