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    212 Winesap Rd Bothell, WA 98012
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    Property profile & analytics

    212 Winesap Rd Bothell, WA 98012

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    • Retail space
    • 9,891 SF
    • 0.65 lot acres
    For Lease
    $26 SF/Yr
    View Listing →
    Retail Space Available For Rent For Lease
    $26 SF/Yr
    1,200 SF

    Retail Space Available For Rent

    Retail space with excellent corner location and high visibility.

    212 W Winesap Rd, Bothell, WA
    View Listing
    Property ID
    US90-1185703
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ohana Teriyaki / Restaurant
    • Chronic Solutions / Bar & Pub
    • Tien-Dat Nguyen / Dental Office
    • TD2 Nails / Nail Salon
    • Quinn Ann nails / Nail Salon

    Property Details for 212 Winesap Rd

    Year built
    2002
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.65 lot acres
    Property size
    9,891 SF
    Zone code
    SJ
    Property type
    Retail space
    APN
    373001200106
    APU
    373001200106

    Description

    This thriving nail salon, located at 212 W Winesap Road Unit 100 in Bothell, WA, presents a fantastic business opportunity. Situated on a major traffic street, this established corner location offers exceptional visibility and walk-in traffic, complemented by a loyal base of repeat neighborhood clients. The sale includes a fully operational, turnkey business, eliminating the significant costs and time associated with building a new salon from the ground up, including permits and construction. This represents a substantial savings compared to establishing a similar operation. The asking price is significantly below the cost of constructing and permitting a comparable new location. This is an ideal opportunity for an individual looking to expand their existing business portfolio or for an entrepreneur seeking a proven, profitable venture with immediate revenue generation. The business benefits from its high-traffic location, ensuring consistent customer flow and strong marketing exposure. This turnkey operation is ready for a new owner to step in and continue its success. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.236
    Latitude
    47.8236
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,263
    $1,041,000
    $1,575,000
    $2,616,000
    -
    $1,041,000
    $1,575,000
    $2,616,000

    Comparable in this City

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      15603 Main St

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      26,976 SF

      16300 Ml Crk Blvda

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    • Value Estimation by Request
      46,595 SF

      180th Se & Bothell-Everett Hwy

      Strip malls • 46,595 SF
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    Similar Nearby for Sale

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      6,272 SF

      Restaurant and Bar Building For Sale

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      Established Nail Salon For Sale

      Corner nail salon on major street, turn-key operation.
      212 W Winesap Rd, Bothell, WA 98012
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      19,397 SF

      Creekside Professional Building Investment Opportunity

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      Creekside Professional Building Investment Opportunity

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      Mill Creek Land for Sale

      3.6 acres zoned Business Park with self-storage potential.
      17414 Wa-527, Mill Creek, WA 98012
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      Prime location with strong visibility and redevelopment potential.
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    Similar Nearby for Lease

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      Retail Space in Mill Creek

      Retail space available in a multi-tenant neighborhood center.
      3916-3922 148Th Ct SE, Mill Creek, WA 98012
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      Retail Space in Mill Creek

      Highly visible retail space available in Mill Creek Crossing.
      18001 Bothell Everett Hwy, Bothell, WA 98012
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    • $26 SF/Yr
      2,050 SF

      Retail Space Available For Rent

      Retail space with excellent corner location and high visibility.
      212 W Winesap Rd, Bothell, WA 98012
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Mill Creek

      Retail space available for lease in Mill Creek, WA.
      15603 Main St, Mill Creek, WA 98012
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      33,978 SF

      Retail Space in Mill Creek

      Grocery-anchored retail center with high visibility and foot traffic.
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      Retail Space in Mill Creek

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      3922 148Th St SE, Mill Creek, WA 98012
      View Details
    View Listing
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    Bothell, WA 98012
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    212 Winesap Rd, Bothell, WA, 98012
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