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Property profile & analytics
FOR SALE
Medical Office Space
21906 76Th Ave W Edmonds, WA 98026
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0588431
For Sale
1 / 22
$1,800,000
21906 76Th Ave W, Edmonds, WA 98026
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
WOOD
Total area
3,624 SF
Lot
0.39 ac (16,988 SF)
Zoning code
E8
APN
461000202003
UPID
US90-0588431
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
-
Edmonds Eye MD Ophthalmologist
-
Pathology Associates Med Lab Physician
-
Natalia V. Bajenova, MD Ophthalmologist
-
Brian K Takagi, M.D. Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Crystal Springs Properties LLC · 13 yrs held
Crystal Springs Properties LLC
since 2012
6 recorded transactions
Zoning & alternative use
E8 · Edmonds, 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 Edmonds submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmonds 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%
$885,000
6.5%
$815,000
7%
$760,000
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$175 / 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
$7,737
Tax year 2023
Assessed value
$1,033,000
Assessed 2023
Previous assessed
$1,033,000
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$570,300
Assessed improvement
$462,700
Land market value
$570,300
Improvement market value
$462,700
Total market value
$1,033,000
Applied tax rate
217.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1987
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
3,624 SF
Lot
0.39 ac (16,988 SF)
Zoning code
E8
APN
461000202003
UPID
US90-0588431
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
E8 · Edmonds, WAZoning E8 · permitted uses
E8 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Crystal Springs Properties LLC
Entity
Mailing address
21906 76TH AVE W, EDMONDS, WA 98026-7902
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
—
Crystal Springs Properties LLC
—
Deed
related
$995,000 · Bank Of America NA
Jul 30, 2012
$825,000
Crystal Springs Properties LLC
Anto LLC
Warranty Deed
$1,433,659 · Washington Federal
Aug 15, 2005
$982,500
Anto LLC
Weiss Carol Trust
Warranty Deed
$502,460 · Zions First National Bank
Mar 18, 2004
$892,500
Weiss,tr
Stevens Osteopathic Medical
Grant Deed
$202,500 · Stevens Osteopathic Medical
Sep 24, 2002
—
Stevens Osteopathic Medical
Zend,alan & Susi
Quit Claim Deed
related
—
—
—
Crystal Springs Properties LLC
—
Deed Of Trust
related
$606,000 · Ameritrust Cdc
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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