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Property profile & analytics
OFF-MARKET
Estimated value
$7,220,000
Office buildings
18943 120th NE Ave Bothell, WA 98011-9503
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0660617
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,409 SF
Lot
1.73 ac (75,340 SF)
Zoning code
R-AC, OP, CB, LI
APN
697920-0250
UPID
US90-0660617
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
-
Providence Classical Christian School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.22M
Owner & transaction history
Providence Classical Christian · 9 yrs held
Providence Classical Christian
since 2016
7 recorded transactions
Zoning & alternative use
R-AC, OP, CB, LI · 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%
$10,275,000
6.5%
$9,485,000
7%
$8,805,000
Blend value · Realmo final
$7.22M
Range $6.50M – $7.94M · ±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
$263 / 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
$4,624
Tax year 2022
Assessed value
$7,104,400
Assessed 2022
Previous assessed
$7,104,400
+0.0% YoY
Effective rate
0.07%
On assessed value
Assessed land
$1,883,500
Assessed improvement
$5,220,900
Land market value
$1,883,500
Improvement market value
$5,220,900
Total market value
$7,104,400
Applied tax rate
870.0000
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Total area
27,409 SF
Lot
1.73 ac (75,340 SF)
Zoning code
R-AC, OP, CB, LI
APN
697920-0250
UPID
US90-0660617
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-AC, OP, CB, LI · Bothell, WA
Zoning R-AC, OP, CB, LI · permitted uses
R-AC, OP, CB, LI · 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.
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Providence Classical Christian
Individual
Mailing address
18943 120TH AVE NE, BOTHELL, WA 98011-9503
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Providence Classical Christian Scho
—
Deed
related
$2,000,000 · Northwest Bank
Sep 28, 2021
—
Providence Classical Christian Scho
—
Deed
related
$5,235,000 · Northwest Bank
Nov 18, 2016
$5,500,000
Providence Classical Christian
Hill Family III LLC
Warranty Deed
$6,000,000 · Private Individual
Nov 18, 2016
$17,800,000
Hill Family III LLC
Eci Two Parkside LLC
Grant Deed
—
Jan 10, 2008
$17,590,000
Eci Two Parkside LLC
Razore Land LLC
Grant Deed
$13,680,000 · Bank Of America
Feb 26, 1988
$1,856,000
Parkside Cent Quadrant
Quadrant
Grant Deed
related
—
—
—
Eci Two Parkside LLC
—
Deed Of Trust
related
$61,130,000 · Wells Fargo Bk
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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