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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Individual retail properties
18600 Woodinville Snohomish NE Rd Woodinville, WA 98072-8531
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1178271
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,850 SF
Lot
3.24 ac (141,232 SF)
Zoning code
GB
APN
192730-0005
UPID
US90-1178271
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
-
Gold's Gym Woodinville Gym & Fitness Center
-
Amazon Locker - Dynamics Courier Service Postal Service
-
Home Court Child Welfare Organization Charitable Organization
-
Amazon Hub Locker - Dynamics Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.20M
Owner & transaction history
Maverick Retail LLC · 10 yrs held
Maverick Retail LLC
since 2016
7 recorded transactions
Zoning & alternative use
GB · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$1,925,000
Current use
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$20 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$120,217
Tax year 2022
Assessed value
$13,167,000
Assessed 2022
Previous assessed
$13,167,000
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$3,107,100
Assessed improvement
$10,059,900
Land market value
$3,107,100
Improvement market value
$10,059,900
Total market value
$13,167,000
Applied tax rate
2,505.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
59,850 SF
Lot
3.24 ac (141,232 SF)
Zoning code
GB
APN
192730-0005
UPID
US90-1178271
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GB · Woodinville, WA
Zoning GB · permitted uses
GB · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$1.9M
GYM, HEALTH SPA Current
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
3.24 ac
Current owner
From public records · entity-resolved
Maverick Retail LLC
Entity
Mailing address
3633 E BROADWAY STE #100, LONG BEACH, CA 90803-6035
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2019
—
Maverick Retail LLC
—
Deed
related
$9,100,000 · Miscellaneous Ins Co
Feb 12, 2016
$11,970,000
Maverick Retail LLC
Gre Woodinville LLC
Trustees Deed
$8,725,000 · Keybank USA
Sep 7, 2007
$12,600,000
Gre Woodinville LLC
Wac Partners LLC
Warranty Deed
$11,215,000 · Key Bank NA
Feb 28, 2003
$1,327,700
Wac Partners LLC
First Woodinville LLC
Grant Deed
$7,500,000 · Frontier Bank
Aug 15, 1997
—
First Woodinville LLC
Wahlman,peter B & Marcia L
Quit Claim Deed
related
—
Feb 14, 1996
$400,000
Peter B Wahlman
Wockner Wockner Wockner Land
Grant Deed
$318,000 · Towne Bank
Jul 17, 1991
—
Wockner,wockner Wockner Lan
Wockner,e Irene&
Grant Deed
related
—
—
—
Maverick Retail LLC
—
Loan Modification
$8,725,000 · Keybank USA
—
—
Gre Woodinville LLC
—
Loan Modification
related
$9,568,602 · Key Bank & Trust
—
—
Maverick Retail LLC
—
Deed Of Trust
related
$9,100,000 · Miscellaneous Ins Co
—
—
First Woodinville LLC
—
Deed Of Trust
related
$650,000 · Towne Bank
—
—
Wac Partners LLC
—
Deed Of Trust
related
$8,000,000 · Frontier Bank
—
—
Louie Marinoni
—
Deed Of Trust
related
—
—
—
Gre Woodinville LLC
—
Deed Of Trust
related
$11,215,000 · Key Bank NA
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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