Technical
Financial
Distress signals
Property profile

17309 40th NE Ave Arlington, WA 98223

OFF-MARKET
Apartment buildings
Property ID
US90-2946111
206,135 SF 4.05 ac lot Built 2020
Entity Owned Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2020
Construction WOOD
Total area 206,135 SF
Lot 4.05 ac (176,418 SF)
Zoning code HC
APN 31052100306900
UPID US90-2946111

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

17309 40th NE Ave Arlington, WA 98223-8829
Arlington metro Census 53509 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$28.00M

Owner & transaction history

Zoning & alternative use

HC · Arlington, WA
Zoning description

Old Town Business District (OTBD), General Commercial (GC), Highway Commercial (HC), Business Park (BP), and Commercial Corridor (CC). These districts are created to accomplish the purposes and serve the objectives set f…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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