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Property profile & analytics
OFF-MARKET
Estimated value
$15,210,000
Office buildings
20021 120th NE Ave Bothell, WA 98011-8248
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1368752
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,500 SF
Lot
3.6 ac (156,794 SF)
Zoning code
R-AC, OP, CB, LI
APN
392700-0210
UPID
US90-1368752
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
-
MediaPRO Corporate Office
-
Genie Headquarters Industrial Manufacturer Production Facility
-
Parklands North Creek Business Service Center Corporate Office
-
Park Avenue Securities Financial Advisor
-
Harrington Benefits Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.21M
Owner & transaction history
Grosvenor Intl American Free · 12 yrs held
Grosvenor Intl American Free
since 2013
4 recorded transactions
Zoning & alternative use
R-AC, OP, CB, LI · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,680,000
6.5%
$20,935,000
7%
$19,440,000
Blend value · Realmo final
$15.21M
Range $13.69M – $16.73M · ±10%
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
$251 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$133,812
Tax year 2022
Assessed value
$14,614,000
Assessed 2022
Previous assessed
$14,614,000
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$3,919,800
Assessed improvement
$10,694,200
Land market value
$3,919,800
Improvement market value
$10,694,200
Total market value
$14,614,000
Applied tax rate
851.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
2
Total area
60,500 SF
Lot
3.6 ac (156,794 SF)
Zoning code
R-AC, OP, CB, LI
APN
392700-0210
UPID
US90-1368752
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-AC, OP, CB, LI · Bothell, WA
Zoning R-AC, OP, CB, LI · permitted uses
R-AC, OP, CB, LI · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
2
Lot
3.6 ac
Current owner
From public records · entity-resolved
Grosvenor Intl American Free
Individual
Mailing address
1 CALIFORNIA ST STE #2500, SAN FRANCISCO, CA 94111-5426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2013
$14,574,358
Grosvenor Intl American Free
S/i North Creek IV LLC
Grant Deed
$36,000,000 · Hsbc Bank USA
Jul 5, 2000
—
S/i North Creek IV LLC
S/i North Creek II LLC
Quit Claim Deed
related
—
Oct 21, 1997
$27,507,367
S/i North Creek I LLC
Northcreek Associates
Grant Deed
related
—
—
—
S/i North Creek IV LLC
—
Deed Of Trust
related
$30,000 · Monumental Life Insurance
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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