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Property profile & analytics
OFF-MARKET
Schools
202 Lewis St Monroe, WA 98272-1504
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0032369
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1920
Construction
WOOD
Total area
8,248 SF
Lot
0.32 ac (13,939 SF)
Zoning code
O0
APN
27060100105800
UPID
US90-0032369
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
-
CrossFit Monroe Gym & Fitness Center
-
Elite Training Academy Gym & Fitness Center
-
Wendell G Training Gym & Fitness Center
-
Coffee To Go Cafe & Coffee Shop
-
Hourglass Fitness Gym & Fitness Center
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
Legacy Trucking LLC · 11 yrs held
Legacy Trucking LLC
since 2015
7 recorded transactions
Zoning & alternative use
O0 · 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
$6,062
Tax year 2023
Assessed value
$810,000
Assessed 2023
Previous assessed
$754,000
+7.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$345,100
Assessed improvement
$464,900
Land market value
$345,100
Improvement market value
$464,900
Total market value
$810,000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
8,248 SF
Lot
0.32 ac (13,939 SF)
Zoning code
O0
APN
27060100105800
UPID
US90-0032369
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
O0 · Monroe, WA
Zoning O0 · permitted uses
O0 · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Legacy Trucking LLC
Entity
Mailing address
17267 149TH PL SE, MONROE, WA 98272-2725
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2024
—
Frederick R Zissel
—
Deed
related
$250,000 · Coastal Community Bank
May 23, 2022
—
Frederick R Zissel
—
Deed
related
$455,000 · Coastal Community Bank
Oct 19, 2021
—
Legacy Trucking LLC
—
Deed
related
$523,000 · Alaska USA FCU
Jul 2, 2021
—
Legacy Trucking LLC
—
Deed
related
$318,750 · Veristone Fund I LLC
Jun 12, 2015
$379,000
Legacy Trucking LLC
Columbia State Bank
Bargain And Sale Deed
$280,000 · Alaska USA FCU
May 10, 2013
—
Columbia St. Bk
Cook,ray & Lelia
Deed In Lieu Of Foreclosure
related
—
Nov 9, 2004
$950,000
Raymond Cook
Whisnant,wayne & Joan
Warranty Deed
$763,575 · Horizon Bank
Aug 1, 1989
$250,000
Wayne Whisnant
Unknown
Grant Deed
$220,000 · Seller
—
—
Ray Cook
—
Deed Of Trust
related
—
—
—
Ray Cook
—
Deed Of Trust
related
—
—
—
Ray Cook
—
Deed Of Trust
related
—
—
—
Ray Cook
—
Deed Of Trust
related
—
—
—
Raymond Cook
—
Deed Of Trust
related
$1,041,000 · First Heritage Bank
—
—
Raymond G Cook
—
Deed Of Trust
related
$86,425 · Horizon Bank
—
—
Wayne B Whisnant
—
Deed Of Trust
related
$250,000 · Valley Community Bank
—
—
Ray Cook
—
Deed Of Trust
related
—
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.
Try Rey
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