Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Auto shops
19072 Tjerne SE Pl Monroe, WA 98272-1419
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1215765
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
2,660 SF
Lot
0.75 ac (32,670 SF)
Zoning code
GC
APN
834300000802
UPID
US90-1215765
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
-
Jiffy Lube Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$2.21M
Owner & transaction history
Redmond Crest LLC · 3 yrs held
Redmond Crest LLC
since 2023
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
GC · Monroe, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the general commercial zoning districts is to provide opportunities for the enhancement of existing commercial uses and for the location of new commercial development by providing areas for retail, dining, entertainment, and similar businesses that are conducted primarily indoors.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
278.26 ac
Source
Realmo
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$2,305,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±10% · vs last sale $2.20M (Feb 7 2023)
Last sale anchor
$2.20M
Feb 7 2023
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
$831 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,972
Tax year 2023
Assessed value
$1,875,000
Assessed 2023
Previous assessed
$1,801,000
+4.1% YoY
Effective rate
0.75%
On assessed value
Assessed land
$620,700
Assessed improvement
$1,254,300
Land market value
$620,700
Improvement market value
$1,254,300
Total market value
$1,875,000
Applied tax rate
530.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
2,660 SF
Lot
0.75 ac (32,670 SF)
Zoning code
GC
APN
834300000802
UPID
US90-1215765
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Monroe, WAZoning GC · permitted uses
GC · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the general commercial zoning districts is to provide opportunities for the enhancement of existing commercial uses and for the location of new commercial development by providing areas for retail, dining, entertainment, and similar businesses that are conducted primarily indoors.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
278.26 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Redmond Crest LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4685 UPPR DR, LAKE OSWEGO, OR 97035-4338
Ownership since
2023
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
Apr 27, 2023
—
Redmond Crest LLC
—
Deed
related
$750,000 · Umpqua Bank
Feb 7, 2023
$2,200,000
Redmond Crest LLC
Carroll & Cherry Partnership Limite
Warranty Deed
—
Jun 12, 2018
$2,050,000
Carroll & Cherry Ptshp Ltd
Beebe Jiffy Lube LLC
Warranty Deed
—
May 16, 2018
$1,750,045
Beeb Jiffy Lube LLC
Commerce Automotive Realty Of
Warranty Deed
—
Dec 7, 2005
$1,750,000
Beebe Jiffy Lube LLC
Commerce Automotive Realty Of Tex
Warranty Deed
—
Jun 16, 2005
$369,061
Commerce Automotive Realty Of Tx
Welcome Of Butters Partnership
Warranty Deed
$1,088,000 · Cascade 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 19072 Tjerne SE Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
