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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Strip malls
18417 Angeline NE Ave Suquamish, WA 98392-9791
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1492567
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1947
Total area
4,412 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SVR
APN
4390-003-014-0107
UPID
US90-1492567
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
-
Scheffer Decorating And Painting Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.16M
Owner & transaction history
Gfb Land Management LLC · 4 yrs held
Gfb Land Management LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
SVR · Suquamish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+7.9%
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 Suquamish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suquamish 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
$1,140,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
$1,715,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Current use
RETAIL STORES
$1,215,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$1,100,000
Change: -2% · Conversion: Moderate
MEDICAL BUILDING
$1,070,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$900,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $900k (Mar 3 2022)
Last sale anchor
$900k
Mar 3 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
$262 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,571
Tax year 2024
Assessed value
$903,140
Assessed 2024
Previous assessed
$903,140
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$164,260
Assessed improvement
$738,880
Land market value
$164,260
Improvement market value
$738,880
Total market value
$903,140
Applied tax rate
4,330.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1947
Heating
YES
Buildings
2
Stories
2
Bathrooms
2
Total area
4,412 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SVR
APN
4390-003-014-0107
UPID
US90-1492567
Jurisdiction
KITSAP
Zoning & alternative use
SVR · Suquamish, WAZoning SVR · permitted uses
SVR · Suquamish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1947
Heating
YES
Stories
2
Buildings
2
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gfb Land Management LLC
Entity
Mailing address
12054 SEABECK HWY NW, SEABECK, WA 98380-9564
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
$900,000
Gfb Land Management LLC
Signature Land Management INC
Warranty Deed
$711,294 · Signature Land Management INC
Nov 26, 2014
$475,000
Signature Land Management INC
Rowe G L Living Trust
Grant Deed
$275,000 · Rowe G L Living Trust (rt)
Jan 25, 1993
—
Georgie Rowe
Unknown
Quit Claim Deed
related
—
—
—
Rowe Georgie L Living Trust
—
Deed Of Trust
related
$142,000 · Liberty Bay 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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