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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Medical Office Space
1809 4th St Marysville, WA 98270-5021
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-3349381
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
WOOD
Total area
3,395 SF
Lot
0.41 ac (17,860 SF)
Zoning code
M7
APN
551200600400
UPID
US90-3349381
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
-
Washington Oral & Maxillofacial Surgery Dental Office
-
Randy Bogard Dental Office
-
Dr. Sabrina Mahil Dental Office
-
Dr. Marc Toso Dental Office
-
Jae Hong Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$765k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Oral Marysville · 17 yrs held
Oral Marysville
since 2008
7 recorded transactions
Zoning & alternative use
M7 · Marysville, 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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,205,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$225 / 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
$19,084
Tax year 2023
Assessed value
$1,115,200
Assessed 2023
Previous assessed
$908,000
+22.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$404,000
Assessed improvement
$711,200
Land market value
$404,000
Improvement market value
$711,200
Total market value
$1,115,200
Applied tax rate
511.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
3,395 SF
Lot
0.41 ac (17,860 SF)
Zoning code
M7
APN
551200600400
UPID
US90-3349381
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M7 · Marysville, WA
Zoning M7 · permitted uses
M7 · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
OFFICE BUILDING
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
1992
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Oral Marysville
Individual
Mailing address
1809 4TH ST, MARYSVILLE, WA 98270-5021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Marysville Oral & Maxillofacial Sur
—
Deed
related
$1,220,000 · Unibank
Dec 26, 2017
—
Marysville Oral & Maxillofacia
—
Deed
related
$300,000 · Scott Switzer
Nov 22, 2017
—
Marysville Oral & Maxillofacia
—
Deed
related
$1,380,000 · First Sec Bk/wa
Jul 21, 2008
—
Oral Marysville
Hong,jae Y
Quit Claim Deed
related
$760,000 · Mountain Pacific Bank
Jun 27, 2005
$865,000
Jae Y Hong
Abood,joseph G & Sandra
Warranty Deed
$699,090 · Cascade Bank
May 1, 1998
$450,000
Joseph Abood
Anderson,william F & Sharon D
Grant Deed
$419,880 · Whidbey Island Bank
May 1, 1990
$150,000
William F Anderson
Unknown
Grant Deed
$100,500 · Individual
—
—
Marysville Oral & Maxillofacia
—
Deed Of Trust
related
$300,000 · Scott Switzer
—
—
Marysville Oral & Maxillofacia
—
Deed Of Trust
related
$1,380,000 · First Sec Bk/wa
—
—
Joseph G Abood
—
Deed Of Trust
related
$465,000 · Coastal Community 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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