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Property profile & analytics
OFF-MARKET
Gas stations
16320 Ml Crk Blvd Mill Creek, WA 98012-1268
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0293549
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1983
Construction
TYPE NOT SPECIFIED
Total area
1,749 SF
Lot
0.48 ac (20,909 SF)
Zoning code
CB
APN
689100000200
UPID
US90-0293549
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Apro LLC · 4 yrs held
Apro LLC
since 2021
7 recorded transactions
Zoning & alternative use
CB · Mill Creek, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
17.16 CB - Community Business 17.17 Repealed 17.18 NB - Neighborhood Business 17.19 EGUV - East Gateway Urban Village 17.20 BP - Business Park 17.21 TC - Town Center 17.22 General Provisions and Standards 17.23 Home Occupations 17.24 Maintenance and Alterations of Structures and Landscaping 17.26 Signs 17.27 Parking Standards and Requirements 17.28 Condition…
Zone name
Community Business
General category
COMMERCIAL
Zone area
114.89 ac
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 Mill Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mill Creek 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,729
Tax year 2023
Assessed value
$1,389,300
Assessed 2023
Previous assessed
$1,399,200
-0.7% YoY
Effective rate
0.92%
On assessed value
Assessed land
$977,300
Assessed improvement
$412,000
Land market value
$977,300
Improvement market value
$412,000
Total market value
$1,389,300
Applied tax rate
520.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1983
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
1,749 SF
Lot
0.48 ac (20,909 SF)
Zoning code
CB
APN
689100000200
UPID
US90-0293549
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Mill Creek, WAZoning CB · permitted uses
CB · Mill Creek, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
17.16 CB - Community Business 17.17 Repealed 17.18 NB - Neighborhood Business 17.19 EGUV - East Gateway Urban Village 17.20 BP - Business Park 17.21 TC - Town Center 17.22 General Provisions and Standards 17.23 Home Occupations 17.24 Maintenance and Alterations of Structures and Landscaping 17.26 Signs 17.27 Parking Standards and Requirements 17.28 Conditional Uses 17.29 Wireless Communications Facilities 17.30 Variances 17.32 Nonconforming Uses, Structures and Lots 17.34 Design Review 17.38 Amendments and Development Agreements 17.40 Enforcement 17.42 Fees and Expenses 17.44 Security Devices 17.48 Development Impact Mitigation 17.50 Electric Vehicle Infrastructure Mill Creek Municipal Code
Zone name
Community Business
General category
COMMERCIAL
Zone area
114.89 ac
Building & site characteristics
From public records
Year built
1983
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Apro LLC
Entity
Mailing address
2408 GATEWOOD ST, LOS ANGELES, CA 90031-1236
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
—
Apro LLC
Phillips 66 Company
Lease
—
Mar 3, 2017
$1,550,000
Ivanov Mill Creek LLC
Cf United Propco LLC
Grant Deed
$775,000 · First Internet Bk/in
Mar 3, 2017
—
Apro LLC
—
Deed
related
—
Aug 3, 2015
$798,100
Cf United Propco LLC
Convenience Retailers LLC
Bargain And Sale Deed
$115,000,000 · Wells Fargo Bank NA
Feb 12, 2008
$55,899
Convenience Retailers LLC
Kayo Oil
Warranty Deed
—
Jan 16, 2004
—
Kayo Oil Co
Conocophillips Co
Grant Deed
related
—
Aug 8, 1996
—
City Of Mill Creek
Bp Oil Co
Quit Claim Deed
related
—
May 1, 1989
$404,609
Tax Dept
Unknown
Grant Deed
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
—
—
Apro LLC
—
Deed Of Trust
related
—
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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