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Property profile & analytics
FOR LEASE
Office buildings
18012 Bothell Everett Hwy Bothell, WA 98012
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0747917
No photos on file
For Lease
$2,508/Mo
18012 Bothell Everett Hwy, Bothell, WA 98012
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1979
Construction
TYPE NOT SPECIFIED
Total area
13,460 SF
Lot
0.99 ac (43,124 SF)
Zoning code
SG
APN
27051800100800
UPID
US90-0747917
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
-
USA Insulation of North Puget Sound General Contractor Renovation Specialist
-
All Wheel Drive Auto Auto Repair Shop
-
Millcreek Transmissions & Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.62M
CAP Approach
CAP
$3.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.30M
Owner & transaction history
Justdee Company LLC · 4 yrs held
Justdee Company LLC
since 2022
Last sale
$4.0M
2 recorded transactions
Zoning & alternative use
SG · 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
Method
Estimation
Statistic approach
$5,030,000
ML approach
$4,615,000
CAP Approach
CAP Return
Estimation
6%
$4,260,000
6.5%
$3,935,000
7%
$3,655,000
Alternative Use
Use
Estimation
RESTAURANT
$6,975,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$4.30M
Range $3.87M – $4.72M · ±10% · vs last sale $3.95M (Jan 12 2022)
Last sale anchor
$3.95M
Jan 12 2022
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
$23,642
Tax year 2023
Assessed value
$2,564,300
Assessed 2023
Previous assessed
$1,450,300
+76.8% YoY
Effective rate
0.92%
On assessed value
Assessed land
$759,800
Assessed improvement
$1,804,500
Land market value
$759,800
Improvement market value
$1,804,500
Total market value
$2,564,300
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1979
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Rooms
3
Bathrooms
1
Total area
13,460 SF
Lot
0.99 ac (43,124 SF)
Zoning code
SG
APN
27051800100800
UPID
US90-0747917
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Bothell, WA
Zoning SG · permitted uses
SG · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.0M
RESTAURANT
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
1979
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
3
Bathrooms
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Justdee Company LLC
Entity
Mailing address
9131 EVERGREEN WAY, EVERETT, WA 98204-7121
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
—
Justdee Company LLC
—
Deed
related
$3,450,000 · Banner Bank
Jan 12, 2022
$3,950,000
Justdee Company LLC
Lorraine M Parker
Warranty Deed
$3,325,000 · Jim L Parker Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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