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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Retail space
21919 66th W Ave Mountlake Terrace, WA 98043-2189
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-0794510
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
WOOD
Total area
15,122 SF
Lot
1.66 ac (72,310 SF)
Zoning code
P3
APN
27042900100600
UPID
US90-0794510
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
-
Subway Take-out & Catering
-
Fork Mediterranean Grill Restaurant
-
Bento Teriyaki II Restaurant
-
Countryside Donut LLC Bakery Discount Store
-
S.H Home Staging & Design Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Dolores V Harris · 1 yrs held
Dolores V Harris
since 2025
7 recorded transactions
Zoning & alternative use
P3 · Mountlake Terrace, 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 Mountlake Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountlake Terrace 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
$146 / 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
$27,009
Tax year 2023
Assessed value
$3,781,000
Assessed 2023
Previous assessed
$3,528,000
+7.2% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,425,300
Assessed improvement
$1,355,700
Land market value
$2,425,300
Improvement market value
$1,355,700
Total market value
$3,781,000
Applied tax rate
610.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
4
Total area
15,122 SF
Lot
1.66 ac (72,310 SF)
Zoning code
P3
APN
27042900100600
UPID
US90-0794510
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
P3 · Mountlake Terrace, WA
Zoning P3 · permitted uses
P3 · Mountlake Terrace, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountlake Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.66 ac
Current owner
From public records · entity-resolved
Dolores V Harris
Individual
Free & Clear · 1 yrs held
Mailing address
1120 6TH AVE SW, PUYALLUP, WA 98371-5728
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
—
Dolores V Harris
Dolores V Harris
Deed
related
—
Dec 10, 2003
$3,100,000
Harris,tr
Melody Hill Center I LLC
Grant Deed
$2,175,000 · Banner Bank
Nov 14, 2003
—
Mountlake Terrace City (wa)
Snohomish County Public Transp
Quit Claim Deed
related
—
Jul 18, 2003
—
Mountlake City (wa)
Melody Hill Center I LLC
Grant Deed
related
—
May 22, 2002
$2,394,632
Melody Hill Center I LLC
Schinbeckler,roland L & Martha A
Grant Deed
$1,697,350 · Bank Of Washington
Apr 25, 2001
—
Roland L Schinbeckler
—
Deed Of Trust
related
$1,250,000 · Washington Mutual Fsb
Mar 31, 1999
$170,000
Topkis Trust
Remmich,marvin A
Quit Claim Deed
related
—
Jul 18, 1997
$95,537
John S Leavitt
Simon,ken
Quit Claim Deed
related
—
Apr 1, 1990
$1,850,000
Marvin Remmich
Unknown
Grant Deed
$1,387,500 · Seller
—
—
Harris Living Trust
—
Deed Of Trust
related
$2,100,000 · Symetra Life Insurance Co
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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