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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
17826 State Rte 9th SE Snohomish, WA 98296-8348
Individually Owned
8-yr Hold
Free & Clear
Property ID
US90-0772753
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1950
Construction
WOOD
Total area
3,196 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CRC
APN
27051100402400
UPID
US90-0772753
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$898k
Blend (final)
Blend
$1.02M
Owner & transaction history
Gribble Bros Clearview Props L · 8 yrs held
Gribble Bros Clearview Props L
since 2017
6 recorded transactions
Zoning & alternative use
CRC · Snohomish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+21.7%
Medical building
$1.3M
+9.5%
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$935,000
7%
$865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,140,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,250,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,135,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$970,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$925,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$319 / 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
$14,143
Tax year 2023
Assessed value
$1,314,900
Assessed 2023
Previous assessed
$770,500
+70.7% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,052,400
Assessed improvement
$262,500
Land market value
$1,052,400
Improvement market value
$262,500
Total market value
$1,314,900
Applied tax rate
3,669.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
3,196 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CRC
APN
27051100402400
UPID
US90-0772753
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CRC · Snohomish, WA
Zoning CRC · permitted uses
CRC · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$925,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Gribble Bros Clearview Props L
Individual
Free & Clear · 8 yrs held
Mailing address
1529 RAINIER AVE S, SEATTLE, WA 98144-3537
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2017
$515,000
Gribble Bros Clearview Props L
Sg Dev LLC
Warranty Deed
—
Jun 7, 2017
—
Sg Dev LLC
Snohomish School District 201
Warranty Deed
—
Jun 7, 2011
—
State Of Wa Department/transporta
Snohomish School District No 2
Quit Claim Deed
related
—
Oct 7, 2010
$33,426
State Of Wa Dept/transportation
West Woodland Gospel Hall Asse
Quit Claim Deed
related
—
Oct 7, 2010
$12,000
State Of Wa Dept/transportation
Snohomish School Dist No 201
Quit Claim Deed
related
—
Jan 21, 2003
—
Woodland Gosple Hall West
Clearview Community Center
Quit Claim Deed
related
—
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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