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Property profile & analytics
OFF-MARKET
Estimated value
$4,075,000
Office buildings
19017 120th NE Ave Bothell, WA 98011-4067
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1109665
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,330 SF
Lot
4.21 ac (183,191 SF)
Zoning code
R-AC, OP, CB, LI
APN
697920-0240
UPID
US90-1109665
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
-
Kevin Norris Physician
-
John Nielsen Physician
-
Laura Shellooe Physician
-
Miss Laura Murahashi Physician
-
Amanda Scharen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$4.08M
Owner & transaction history
Hill Family III LLC · 9 yrs held
Hill Family III LLC
since 2016
6 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.08M
Range $3.67M – $4.48M · ±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
$175 / 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
$116,243
Tax year 2022
Assessed value
$12,356,500
Assessed 2022
Previous assessed
$12,356,500
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$4,579,700
Assessed improvement
$7,776,800
Land market value
$4,579,700
Improvement market value
$7,776,800
Total market value
$12,356,500
Applied tax rate
851.0000
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
HEAT PUMP
Buildings
2
Stories
1
Total area
23,330 SF
Lot
4.21 ac (183,191 SF)
Zoning code
R-AC, OP, CB, LI
APN
697920-0240
UPID
US90-1109665
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
HEAT PUMP
Stories
1
Buildings
2
Lot
4.21 ac
Current owner
From public records · entity-resolved
Hill Family III LLC
Entity
Mailing address
7900 SE 28TH ST STE #310, MERCER ISLAND, WA 98040-2970
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
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
Dec 1, 1995
$9,718,300
Razore Land Co
Quadrant Parkside Center Assoc
Grant Deed
$6,675,000 · State Farm Life Insurance Co
Feb 26, 1988
$1,856,000
Parkside Ctr Quadrant
Quadrant Corpora
Grant Deed
related
—
—
—
Razore Land LLC
—
Deed Of Trust
related
$5,525,000 · State Farm Life Insurance Co
—
—
Eci Two Parkside LLC
—
Deed Of Trust
related
$13,680,000 · Bank Of America
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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