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Financial
Distress signals
Property profile

1729 208Th St SE Bothell, WA 98012

FOR LEASE
Retail space
Property ID
US90-0796477
7,275 SF 0.32 ac lot Built 1987
Last sale Feb 2015 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1729 208Th St SE, Bothell, WA 98012 For Lease
Contact for pricing 733 SF available
1729 208Th St SE, Bothell, WA 98012
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Property summary

AI-generated overview

The property consists of approximately 656 square feet of private office space configured for office use and small business operations. It is located on the second floor and includes a private bathroom. The space is situated in the active business district of Bothell, with proximity to major thoroughfares SR 527 and SR 524, and is near public transit hubs in the Bothell–Mill Creek area.

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?
$15k
Tax billed · 2023
Assessed value$1.96M
Assessed land$656k
Assessed improvement$1.30M
Effective rate0.78%

Value estimate

· Oct 2026
$1.04M
$936k – $1.14M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 54,400.00% cap applied$13k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489
Qualifying comparables15

Cap rate analysis

How does the asset earn?
54,400.00%
$13k 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?
SK
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Building Supply16.2
Wholesale Shop15.9

Location

1729 208Th St SE Bothell, WA 98012
County assessor Recorded deeds · 7 transfers 15 qualifying comp sales 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

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3226 132nd SE, Mill Creek, WA 98012-5666 $31,050,000 Feb 2025 17,300 SF
3322 132nd SE, Mill Creek, WA 98012-5654 $31,050,000 Feb 2025 50,352 SF
19525 Bothell Everett, Bothell, WA 98012-7116 $1,060,000 Jul 2021 3,890 SF
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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