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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Industrial properties
17617 15th SE Ave Bothell, WA 98012-6475
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0754950
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1976
Construction
TYPE NOT SPECIFIED
Total area
4,250 SF
Lot
2.96 ac (128,938 SF)
Zoning code
SG
APN
27050700404100
UPID
US90-0754950
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
-
PARR Lumber Bothell Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$610k
Owner & transaction history
Parr Lumber Co · 11 yrs held
Parr Lumber Co
since 2014
7 recorded transactions
Zoning & alternative use
SG · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Permit Center | Bothell WA
Top alternative use upside
Commercial (general)
$905,000
+145.1%
Auto repair, garage
$585,000
+58.9%
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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LUMBERYARD, BUILDING MATERIALS
$370,000
Current use
COMMERCIAL (GENERAL)
$905,000
Change: +145% · Conversion: Difficult
AUTO REPAIR, GARAGE
$585,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$144 / 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
$26,455
Tax year 2023
Assessed value
$2,527,100
Assessed 2023
Previous assessed
$2,510,500
+0.7% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,045,600
Assessed improvement
$481,500
Land market value
$2,045,600
Improvement market value
$481,500
Total market value
$2,527,100
Applied tax rate
3,045.0000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1976
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
2
Total area
4,250 SF
Lot
2.96 ac (128,938 SF)
Zoning code
SG
APN
27050700404100
UPID
US90-0754950
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Bothell, WAZoning SG · permitted uses
SG · 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
LUMBERYARD, BUILDING MATERIALS Current
Est. value
$370,000
COMMERCIAL (GENERAL)
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$585,000
LUMBERYARD, BUILDING MATERIALS Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1976
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.96 ac
Current owner
From public records · entity-resolved
Parr Lumber Co
Entity
Mailing address
5630 NE CENTURY BLVD, HILLSBORO, OR 97124-8620
Ownership since
2014
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
Aug 1, 2014
$3,700,000
Parr Lumber Co
George Corner LLC
Warranty Deed
—
Aug 7, 2013
—
George Corner LLC
Skold Douglas E
Quit Claim Deed
related
—
Jul 12, 2013
—
Douglas E Skold
Four 2 Three Partners LLC
Deed In Lieu Of Foreclosure
—
Aug 14, 2001
$2,000,000
Four 2 Three Partners LLC
Skold,douglas E
Grant Deed
$1,500,000 · Frontier Bank
Mar 13, 1998
$1,385,000
Douglas E Skold
Pettersson,ragnar
Grant Deed
—
Mar 24, 1997
—
Ragnar Pettersson
—
Deed Of Trust
related
$2,173,648 · Frontier Bank
Mar 31, 1994
$890,000
Ragnar Petersson
Larson,vincent O
Grant Deed
—
—
—
Douglas E Skold
—
Deed Of Trust
related
$253,061 · Frontier Bank
—
—
Four 2 Three Partners LLC
—
Deed Of Trust
related
$2,560,000 · Key Bank NA
—
—
Four 2 Three Partners LLC
—
Deed Of Trust
related
$650,000 · Douglas E Skold
—
—
Douglas E Skold
—
Deed Of Trust
related
$500,000 · Automotive Finance Corp
—
—
Douglas E Skold
—
Deed Of Trust
related
$989,070 · Frontier 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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