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Property profile & analytics
OFF-MARKET
Estimated value
$4,565,000
Warehouses
17109 Bothell NE Way Bothell, WA 98011
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1575178
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,687 SF
Lot
2.55 ac (111,200 SF)
Zoning code
GC
APN
072605-9082
UPID
US90-1575178
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
$5.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.57M
Owner & transaction history
Sherlock Investments Bothell LLC · 11 yrs held
Sherlock Investments Bothell LLC
since 2015
6 recorded transactions
Zoning & alternative use
GC · 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%
$6,450,000
6.5%
$5,955,000
7%
$5,530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,935,000
Current use
Blend value · Realmo final
$4.57M
Range $4.11M – $5.02M · ±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
$221 / 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
$122,944
Tax year 2022
Assessed value
$13,663,700
Assessed 2022
Previous assessed
$13,663,700
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$3,892,000
Assessed improvement
$9,771,700
Land market value
$3,892,000
Improvement market value
$9,771,700
Total market value
$13,663,700
Applied tax rate
859.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
20,687 SF
Lot
2.55 ac (111,200 SF)
Zoning code
GC
APN
072605-9082
UPID
US90-1575178
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Bothell, WAZoning GC · permitted uses
GC · 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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.9M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
3
Lot
2.55 ac
Current owner
From public records · entity-resolved
Sherlock Investments Bothell LLC
Entity
Mailing address
PO BOX B B, KEYPORT, WA 98345-0199
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
—
Sherlock Investments Bothell LLC
—
Deed
related
$9,750,000 · Alliant Cu
Mar 24, 2015
—
Sherlock Investments Bothell LLC
Sherlock Investments LLC
Warranty Deed
$13,500,000 · C-iii Commercial Mortgage LLC
Oct 19, 2000
—
Sherlock Investments-bothell
—
Grant Deed
related
$4,130,000 · Key Bank NA
Aug 29, 2000
$195,000
Sherlock Investments LLC
Young Life INC
Grant Deed
$145,000 · Young Life INC
Aug 29, 1995
$17,000
Young Life INC
Davis,blaine E
Quit Claim Deed
related
—
—
—
Sherlock Invs-bothell LLC
—
Deed Of Trust
related
$4,350,000 · Not Available Not Available
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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