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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Office buildings
209 Ave D D Snohomish, WA 98290-2770
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0295756
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2000
Construction
WOOD
Total area
6,024 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R6
APN
579500901400
UPID
US90-0295756
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.34M
Owner & transaction history
Crma Investments LLC · 12 yrs held
Crma Investments LLC
since 2014
7 recorded transactions
Zoning & alternative use
R6 · Snohomish, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,150,000
Current use
RETAIL STORES
$2,070,000
Change: -4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,825,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,740,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$222 / 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
$10,040
Tax year 2023
Assessed value
$1,145,000
Assessed 2023
Previous assessed
$999,000
+14.6% YoY
Effective rate
0.88%
On assessed value
Assessed land
$363,600
Assessed improvement
$781,400
Land market value
$363,600
Improvement market value
$781,400
Total market value
$1,145,000
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
2000
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
3
Units
2
Rooms
2
Bathrooms
1
Total area
6,024 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R6
APN
579500901400
UPID
US90-0295756
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R6 · Snohomish, WA
Zoning R6 · permitted uses
R6 · 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
$2.2M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.7M
OFFICE BUILDING Current
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
2000
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
2
Rooms
2
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Crma Investments LLC
Entity
Mailing address
PO BOX 5222, LACEY, WA 98509-5222
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2019
—
Crma Investments LLC
—
Deed
related
$685,000 · Timberland Bank
Mar 25, 2014
—
Crma Investments LLC
Eastside Funding LLC
Quit Claim Deed
related
$451,488 · Eastside Funding LLC
Dec 14, 2001
$720,000
Richard B Henke
Dugger,mark K & Susan J
Grant Deed
$621,420 · City Bank
Apr 20, 1999
—
Mark K Dugger
—
Grant Deed
related
$438,750 · Frontier Bank
Jan 5, 1996
$152,950
Mark K Dugger
Lyons,colleen M
Grant Deed
$142,500 · Frontier Bank
—
—
Mark H Dugger
—
Deed Of Trust
related
$204,564 · Frontier Bank
—
—
Crma Investments LLC
—
Deed Of Trust
related
$112,872 · Eastside Fndg
—
—
Mark K Dugger
—
Deed Of Trust
related
$180,000 · Frontier Bank
—
—
Richard B Henke
—
Deed Of Trust
related
$101,417 · City Bank
—
—
Mark K Dugger
—
Deed Of Trust
related
$160,242 · Frontier Bank
—
—
Richard B Henke
—
Deed Of Trust
related
$615,000 · Us Bank NA
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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