Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

16504 9Th Ave SE Mill Creek, WA 98012

FOR LEASE
Commercial land
Property ID
US90-0875265
1.24 ac lot
Last sale Jul 2026 · $6,647,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-tenant office building comprises 19,400 square feet and is located at 16504 9th Ave SE in Mill Creek, Washington. The property is identified as an office building.

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?
$143
Tax billed · 2023
Assessed value$16k
Assessed land$16k
Effective rate0.88%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$15k
Operating expenses−$24k
NOI · 279,296.15% cap applied$73k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,945/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$443 – $3,665

Cap rate analysis

How does the asset earn?
279,296.15%
$73k 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?
CB
The purpose of this district is to implement the community business land use designation of the comprehensive plan by locating commercial...
General categoryCOMMERCIAL
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store21.4
Wholesale Shop19.9
Auto Repair Shop19.3

Location

16504 9Th Ave SE Mill Creek, WA 98012
County assessor Recorded deeds · 4 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

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3130 132nd SE, Mill Creek, WA 98012 $31,050,000 Feb 2025 1,204 SF
Bothell, WA 98012 $1,200,000 Apr 2023 No data
17414 Bothell Everett, Mill Creek, WA 98012-6334 $2,275,000 Sep 2022 16,065 SF
16718 9th SE, Mill Creek, WA 98012-6309 $389,000 Jan 2019 No data
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

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