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Property profile & analytics
FOR LEASE
Retail space
1729 208Th St SE Bothell, WA 98012
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0796477
No photos on file
For Lease
$1,312/Mo
1729 208Th St SE, Bothell, WA 98012
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
7,275 SF
Lot
0.32 ac (13,939 SF)
Zoning code
SK
APN
27051900401000
UPID
US90-0796477
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
-
Paul Roe Cosmetic & Implant Dentistry Dental Office
-
Kallberg Insurance Insurance Agency
-
USA TRAVEL SERVICES Travel Agency
-
MC Realty LLC Real Estate Agency
-
NW Professional Roofing Services, Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Brighton Square LLC · 4 yrs held
Brighton Square LLC
since 2021
7 recorded transactions
Zoning & alternative use
SK · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$143 / 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
$15,303
Tax year 2023
Assessed value
$1,960,000
Assessed 2023
Previous assessed
$1,886,000
+3.9% YoY
Effective rate
0.78%
On assessed value
Assessed land
$656,200
Assessed improvement
$1,303,800
Land market value
$656,200
Improvement market value
$1,303,800
Total market value
$1,960,000
Applied tax rate
4,129.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1987
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
7,275 SF
Lot
0.32 ac (13,939 SF)
Zoning code
SK
APN
27051900401000
UPID
US90-0796477
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SK · Bothell, WA
Zoning SK · permitted uses
SK · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Brighton Square LLC
Entity
Mailing address
PO BOX 1541, MUKILTEO, WA 98275-7741
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Brighton Square LLC
Jeffrey W Smarr
Warranty Deed
$1,435,000 · Coastal Community Bank
Sep 3, 2019
—
Jeffrey W Smarr
—
Deed
related
$420,000 · Us Bank NA
Feb 12, 2015
$1,550,000
Jeffrey W Smarr
Sue Alan Associates LLC
Warranty Deed
$550,000 · Gbc International Bank
Oct 1, 2001
$940,000
Sue Allen Associates LLC
Morimoto,tak & Jane
Grant Deed
$705,000 · Anchor Savings Bank
Apr 22, 1999
—
Snohomish County (wa)
Uerling,dean H & Ethelyn C
Grant Deed
related
—
—
—
Sue Alan Associates LLC
—
Deed Of Trust
related
$850,000 · Bank Of America
—
—
Dean H Uerling
—
Deed Of Trust
related
$15,000 · Interwest 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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