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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Industrial properties
200 Suzanne Ln, Mount Vernon, WA 98273-9514
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3248058
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
2013
Total area
7,700 SF
Lot
1.11 ac (48,352 SF)
APN
8040-000-003-0000
UPID
US90-3248058
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
-
Happy Time Weed Dispensary Mt Vernon (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.29M
Owner & transaction history
Burton Eoa Ent LLC · 5 yrs held
Burton Eoa Ent LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+69.5%
Restaurant
$1.6M
+48.0%
Apartment house (5+ units)
$1.4M
+25.5%
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
$1,460,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,095,000
Current use
AUTO REPAIR, GARAGE
$1,855,000
Change: +69% · Conversion: Easy
RESTAURANT
$1,620,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,375,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,305,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,265,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,220,000
Change: +11% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,005,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.24M (Dec 7 2020)
Last sale anchor
$1.24M
Dec 7 2020
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
$168 / 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
$17,338
Tax year 2023
Assessed value
$1,514,000
Assessed 2022
Previous assessed
$1,214,900
+24.6% YoY
Effective rate
1.15%
On assessed value
Assessed land
$487,400
Assessed improvement
$1,026,600
Land market value
$487,400
Improvement market value
$1,026,600
Total market value
$1,514,000
Applied tax rate
934.0000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
2013
Heating
NONE
Total area
7,700 SF
Lot
1.11 ac (48,352 SF)
APN
8040-000-003-0000
UPID
US90-3248058
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RESTAURANT
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
2013
Heating
NONE
Lot
1.11 ac
Current owner
From public records · entity-resolved
Burton Eoa Ent LLC
Entity
Mailing address
PO BOX 1233, MOUNT VERNON, WA 98273-1233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2020
$1,240,000
Burton Eoa Ent LLC
200 Suzanne Lane LLC
Warranty Deed
$992,000 · Iq Cu
Feb 8, 2018
—
200 Suzanne Lane LLC
—
Deed
related
$693,000 · Blackburne & Brown Mtg Fund
Sep 1, 2016
$1,035,000
200 Suzanne Lane LLC
Burton Group LLC
Warranty Deed
—
Feb 28, 2013
$275,000
Burton Group LLC
Scoocum Holdings LLC
Warranty Deed
—
Feb 25, 2009
—
Scoocum Holdings LLC
Spane,james O
Quit Claim Deed
related
—
Aug 8, 2007
—
James O Spane
Spane,megan M
Quit Claim Deed
related
—
Feb 21, 2003
$290,107
James O Spane
Colco LLC
Grant Deed
$216,000 · Whidbey Island Bank
—
—
Burton Group LLC
—
Deed Of Trust
related
$875,000 · Skagit State Bank
—
—
200 Suzanne Lane LLC
—
Deed Of Trust
related
$693,000 · Blackburne & Brown Mtg Fund
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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