Property profile

19845 State Rte 2nd 2 Monroe, WA 98272

OFF-MARKET
Industrial properties
Property ID
US90-1045225
9,600 SF 1.84 ac lot Built 1990
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 9,600 SF
Lot 1.84 ac (80,150 SF)
Zoning code O1
APN 27070600201300
UPID US90-1045225

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19845 State Rte 2nd 2 Monroe, WA 98272-2352
Monroe metro Census 52203 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$770k

Owner & transaction history

since 2014
5 recorded transactions
2014
$6.2M
2004
Price N/A
2002
$828,336
1997
Price N/A
1989
$7,600

Zoning & alternative use

O1 · Monroe, WA
Top alternative use upside
Auto repair, garage $1.2M +40.1%
Restaurant $1.0M +25.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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