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Property profile & analytics
OFF-MARKET
Automotive properties
19220 State Rte 2nd 2 Monroe, WA 98272-1548
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-0302764
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1951
Construction
TYPE NOT SPECIFIED
Total area
816 SF
Lot
0.63 ac (27,443 SF)
Zoning code
O1
APN
27060100106400
UPID
US90-0302764
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J & J Fraser Properties LLC · 14 yrs held
J & J Fraser Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
O1 · Monroe, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,082
Tax year 2023
Assessed value
$816,800
Assessed 2023
Previous assessed
$764,400
+6.9% YoY
Effective rate
0.74%
On assessed value
Assessed land
$727,700
Assessed improvement
$89,100
Land market value
$727,700
Improvement market value
$89,100
Total market value
$816,800
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1951
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
816 SF
Lot
0.63 ac (27,443 SF)
Zoning code
O1
APN
27060100106400
UPID
US90-0302764
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
O1 · Monroe, WAZoning O1 · permitted uses
O1 · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
J & J Fraser Properties LLC
Entity
Mailing address
14907 83RD AVE SE, SNOHOMISH, WA 98296-8709
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
—
J&j Fraser Properties LLC
—
Deed
related
$2,000,000 · Chaplin Funding LLC
Nov 10, 2021
—
J&j Fraser Properties LLC
—
Deed
related
$893,134 · Heritage Bank
Jun 1, 2017
—
J & J Fraser Properties LLC
—
Deed
related
$500,000 · Private Individual
May 1, 2012
—
J & J Fraser Properties LLC
Resource Transition Consultant
Grant Deed
$525,000 · Cnl Mortgage
Jan 13, 2003
—
Dealership Development Service
Burdette,jeffrey C & Michelle D
Quit Claim Deed
related
—
Sep 22, 2000
$450,000
Jeffrey C Burdette
Amerigas Propane LP
Grant Deed
$450,000 · Frontier Bank
Jul 1, 1988
$133,100
#436 Petrolane
Unknown
Grant Deed
—
—
—
Jeffrey C Burdette
—
Deed Of Trust
related
$100,000 · Individual
—
—
Dealership Development Svcs
—
Deed Of Trust
related
$660,000 · Frontier Bank
—
—
J & J Fraser Properties LLC
—
Deed Of Trust
related
$500,000 · Private Individual
—
—
Jeffrey C Burdette
—
Deed Of Trust
related
$577,500 · Evergreenbank
—
—
Jeff Burdette
—
Deed Of Trust
related
$275,000 · Michael R Mastro
—
—
Dealership Development Svcs
—
Deed Of Trust
related
$275,000 · Michael R Mastro
—
—
Michael R Mastro
—
Deed Of Trust
related
$102,832 · Anthony T Petrarca Ira
—
—
Michael R Mastro
—
Deed Of Trust
related
$106,888 · Anthony T Petrarca Ira
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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