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Property profile & analytics
OFF-MARKET
Estimated value
$4,420,000
Day care centers
17511 Bothell NE Way Bothell, WA 98011-1907
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1181135
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1966
Construction
WOOD
Total area
12,249 SF
Lot
1.93 ac (83,930 SF)
Zoning code
GC
APN
072605-9342
UPID
US90-1181135
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
-
Primrose School of Bothell Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$4.42M
Owner & transaction history
Shri Hari Bothell Re LLC · 4 yrs held
Shri Hari Bothell Re LLC
since 2021
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
GC · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Permit Center | Bothell WA
Top alternative use upside
Restaurant
$6.5M
+23.3%
Auto repair, garage
$5.6M
+6.7%
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
$4,610,000
ML approach
$4,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$5,270,000
Current use
RESTAURANT
$6,500,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,625,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$4,840,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$4,805,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,670,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.98M – $4.86M · ±10% · vs last sale $4.28M (Sep 22 2021)
Last sale anchor
$4.28M
Sep 22 2021
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
$361 / 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
$30,744
Tax year 2022
Assessed value
$3,368,400
Assessed 2022
Previous assessed
$3,368,400
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,527,500
Assessed improvement
$1,840,900
Land market value
$1,527,500
Improvement market value
$1,840,900
Total market value
$3,368,400
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
12,249 SF
Lot
1.93 ac (83,930 SF)
Zoning code
GC
APN
072605-9342
UPID
US90-1181135
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$5.3M
RESTAURANT
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$4.7M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1966
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
1.93 ac
Current owner
From public records · entity-resolved
Shri Hari Bothell Re LLC
Entity
Mailing address
17511 BOTHELL WAY NE, BOTHELL, WA 98011-1907
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
—
Shri Hari Bothell Re LLC
—
Deed
related
$4,982,000 · Bank Of America NA
Feb 28, 2023
—
Shri Hari Bothell Re LLC
—
Deed
related
$2,186,000 · Evergreen Business Capital
Sep 22, 2021
$4,280,000
Shri Hari Bothell Re LLC
Brf Properties LLC
Warranty Deed
$2,697,602 · Live Oak Banking Company
Sep 13, 2019
—
Brf Properties LLC
—
Deed
related
$1,297,000 · Bank Of America
Jul 17, 2013
$1,800,000
Brf Properties LLC
Lenzi,thomas & Diane
Warranty Deed
$907,300 · Pacific Continental Bank
Dec 13, 2002
—
Bothell City (wa)
Lenzi,thomas & Diane
Grant Deed
related
—
Dec 11, 1997
$575,000
Thomas Lenzi
Krause,arlene O
Grant Deed
$1,201,568 · Key Bank NA
—
—
Brf Properties LLC
—
Deed Of Trust
related
$1,297,000 · Bank Of America
—
—
Thomas Lenzi
—
Deed Of Trust
related
$300,000 · Key Bank NA
—
—
Brf Properties LLC
—
Deed Of Trust
related
$907,300 · Pacific Continental Bank
—
—
Thomas Lenzi
—
Deed Of Trust
related
$1,690,000 · Northwest International Bank
—
—
Thomas Lenzi
—
Deed Of Trust
related
$100,000 · Homestreet 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.
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