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Property profile & analytics
OFF-MARKET
Estimated value
$4,230,000
Office buildings
18704 Bothell NE Way Bothell, WA 98011-1976
Entity Owned
~
Est. High Equity
Property ID
US90-0742617
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
FRAME
Total area
12,970 SF
Lot
0.76 ac (33,210 SF)
Zoning code
DT
APN
062605-9030
UPID
US90-0742617
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
-
Caliber Home Loans Loan Service Bank
-
Team Cortright Loan Service Bank
-
Don Chase, Mortgages at Caliber Home Loans - Bothell Loan Service Bank
-
Caliber Home Loans - The McNulty Team Loan Service Bank
-
Cody Touchette and The Touchette Team Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.23M
Owner & transaction history
810 240th LLC
810 240th LLC
since 2025
Last sale
$5.2M
5 recorded transactions
Zoning & alternative use
DT · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,860,000
6.5%
$4,490,000
7%
$4,170,000
Alternative Use
Use
Estimation
RESTAURANT
$6,880,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±10% · vs last sale $5.24M (Dec 3 2025)
Last sale anchor
$5.24M
Dec 3 2025
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
$326 / 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
$33,847
Tax year 2024
Assessed value
$3,714,100
Assessed 2023
Previous assessed
$3,714,100
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,726,900
Assessed improvement
$1,987,200
Land market value
$1,726,900
Improvement market value
$1,987,200
Total market value
$3,714,100
Applied tax rate
859.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
12,970 SF
Lot
0.76 ac (33,210 SF)
Zoning code
DT
APN
062605-9030
UPID
US90-0742617
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DT · Bothell, WA
Zoning DT · permitted uses
DT · 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
$6.9M
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
2008
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
810 240th LLC
Entity
Mailing address
PO BOX 1864, BOTHELL, WA 98041-1864
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
$5,239,752
810 240th LLC
Hillcrest Investors LLC
Warranty Deed
$3,850,000 · Wafd INC
Dec 7, 2007
$166,033
Dean R Young
Camwest Northshore LLC
Warranty Deed
—
Dec 7, 2007
—
Hillcrest Investors LLC
Cambell,eric H
Quit Claim Deed
related
—
Nov 27, 2007
—
Camwest Northshore LLC
Northshore School Dist 417
Quit Claim Deed
related
—
Nov 26, 2007
—
Camwest Northshore LLC
Northshore School Dist 417
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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