Technical
Financial
Distress signals
Property profile

216 2nd St Arlington, WA 98223

OFF-MARKET
Retail properties & Spaces
Property ID
US90-0045326
12,307 SF 0.16 ac lot Built 1922
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1922
Construction TYPE NOT SPECIFIED
Total area 12,307 SF
Lot 0.16 ac (6,970 SF)
Zoning code 15
APN 378800600101
UPID US90-0045326

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

216 2nd St Arlington, WA 98223-1302
Arlington metro Census 53510 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2020
Last sale
$325,000
7 recorded transactions
2020
Price N/A
2011
Price N/A
2011
Price N/A
2004
$325,000
2003
$210,000
1996
$148,400
1990
$100,000

Zoning & alternative use

15 · Arlington, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 216 2nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message