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Property profile & analytics
OFF-MARKET
Estimated value
$3,045,000
Office buildings
1924 Bickford Ave Snohomish, WA 98290-1753
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1484789
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2001
Construction
TYPE NOT SPECIFIED
Total area
11,002 SF
Lot
0.73 ac (31,799 SF)
Zoning code
RH
APN
877000001300
UPID
US90-1484789
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
-
Evergreen Equine Veterinary Practice Veterinary Clinic
-
Graphicode (Bike/Boat/Book/etc) Store Corporate Office
-
Spruced Interiors NW Real Estate Agency Marketing & Advertising
-
TMC Sales, Inc. Factory Production Facility
-
Bishop & Associates Inc Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.56M
CAP Approach
CAP
$3.22M
Comparable Approach
Comparable
$2.76M
Blend (final)
Blend
$3.05M
Owner & transaction history
Snohomish Business Park LLC · 3 yrs held
Snohomish Business Park LLC
since 2022
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
RH · Snohomish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.8M
+21.7%
Apartment house (5+ units)
$4.6M
+16.0%
Medical building
$4.3M
+9.5%
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
$3,630,000
ML approach
$3,560,000
CAP Approach
CAP Return
Estimation
6%
$3,485,000
6.5%
$3,215,000
7%
$2,985,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,925,000
Current use
AUTO REPAIR, GARAGE
$4,775,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,550,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$4,295,000
Change: +9% · Conversion: Easy
RETAIL STORES
$3,780,000
Change: -4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,335,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$3,175,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.05M
Range $2.74M – $3.35M · ±10% · vs last sale $2.85M (Sep 1 2022)
Last sale anchor
$2.85M
Sep 1 2022
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
$277 / 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
$12,055
Tax year 2023
Assessed value
$1,375,000
Assessed 2023
Previous assessed
$1,320,000
+4.2% YoY
Effective rate
0.88%
On assessed value
Assessed land
$557,200
Assessed improvement
$817,800
Land market value
$557,200
Improvement market value
$817,800
Total market value
$1,375,000
Applied tax rate
735.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
11,002 SF
Lot
0.73 ac (31,799 SF)
Zoning code
RH
APN
877000001300
UPID
US90-1484789
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RH · Snohomish, WA
Zoning RH · permitted uses
RH · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Snohomish Business Park LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1910 BICKFORD AVE STE A, SNOHOMISH, WA 98290-1764
Ownership since
2022
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
Sep 1, 2022
$2,850,000
Snohomish Business Park LLC
Dency Properties LLC
Warranty Deed
—
Aug 4, 2000
—
Dency Properties LLC
—
Grant Deed
related
$400,000 · City Bank
Jul 11, 2000
—
Dency Properties LLC
Bishop,dennis & Cyde
Quit Claim Deed
related
—
Aug 10, 1999
$194,000
Dennis Bishop
Cole,gordon H & Christine L
Grant Deed
—
—
—
Dency Properties LLC
—
Deed Of Trust
related
$400,000 · Dennis L & Cyd M Bishop
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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