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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Medical Office Space
1617 183rd SE St Bothell, WA 98012-6812
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-1529759
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
CONCRETE
Total area
14,063 SF
Lot
1.21 ac (52,708 SF)
Zoning code
SG
APN
27051800100900
UPID
US90-1529759
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
-
Wildwood Dental Dental Office
-
Dr. G Douglas D. Beck, DDS Dental Office
-
Progressive Dental Group: Hayre Ranjiv DDS Dental Office
-
Washington Preparatory School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
Bailey Rd LLC · 19 yrs held
Bailey Rd LLC
since 2007
4 recorded transactions
Zoning & alternative use
SG · Bothell, WA
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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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%
$3,430,000
6.5%
$3,170,000
7%
$2,940,000
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±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
$192 / 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
$39,797
Tax year 2023
Assessed value
$4,456,400
Assessed 2023
Previous assessed
$3,864,000
+15.3% YoY
Effective rate
0.89%
On assessed value
Assessed land
$905,600
Assessed improvement
$3,550,800
Land market value
$905,600
Improvement market value
$3,550,800
Total market value
$4,456,400
Applied tax rate
3,045.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
14,063 SF
Lot
1.21 ac (52,708 SF)
Zoning code
SG
APN
27051800100900
UPID
US90-1529759
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Bothell, WAZoning SG · permitted uses
SG · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Permit Center | Bothell WA
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Bailey Rd LLC
Entity
Mailing address
18323 BOTHELL EVERETT HWY STE #380, MILL CREEK, WA 98012-5204
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2017
—
Bailey Rd LLC
—
Deed
related
$3,375,000 · Peoples Bank
Apr 2, 2007
—
Bailey Rd LLC
Rg LLC
Quit Claim Deed
related
$3,600,000 · Artesia Mortgage Capital Corp
Nov 1, 2005
$710,000
Rg LLC
Bogdanovch,vince
Warranty Deed
$2,825,000 · Frontier Bank
—
—
Rgllc LLC
—
Deed Of Trust
related
$623,000 · 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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