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Property profile & analytics
OFF-MARKET
Estimated value
$9,180,000
Office buildings
2200 222nd SE St Bothell, WA 98021-4400
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0702123
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1987
Construction
CONCRETE
Total area
46,452 SF
Lot
2.31 ac (100,624 SF)
Zoning code
OPLI
APN
27052900302800
UPID
US90-0702123
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
-
MTech Solutions LLC Business Networking Company
-
Infinite Hardwood Distribution Big Box & Wholesale Store Building Supply
-
Wildside Dog Adventures LLC Dog Walker
-
Element Seattle, Bothell (222nd Street) Laboratory Aerospace Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.18M
Owner & transaction history
Infinite Hardwood Distributors Co · 4 yrs held
Infinite Hardwood Distributors Co
since 2022
6 recorded transactions
Zoning & alternative use
OPLI · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
$198 / 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
$65,723
Tax year 2023
Assessed value
$8,001,100
Assessed 2023
Previous assessed
$6,991,000
+14.4% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,747,400
Assessed improvement
$6,253,700
Land market value
$1,747,400
Improvement market value
$6,253,700
Total market value
$8,001,100
Applied tax rate
902.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1987
Construction
CONCRETE
Heating
YES
Cooling
NONE
Stories
1
Total area
46,452 SF
Lot
2.31 ac (100,624 SF)
Zoning code
OPLI
APN
27052900302800
UPID
US90-0702123
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OPLI · Bothell, WA
Zoning OPLI · permitted uses
OPLI · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Infinite Hardwood Distributors Co
Entity
Mailing address
2200 222ND ST SE, BOTHELL, WA 98021-4400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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 10, 2022
—
Infinite Hardwood Distributors Co
Greben Holdings Co LLC
Lease
$4,028,000 · Northwest Business Development Associati
Dec 16, 2021
—
Greben Holdings Co LLC
Northshore School District
Warranty Deed
$4,704,000 · Bank Of America NA
Dec 1, 2021
—
State Of Washington
Northshore School District No 417
Quit Claim Deed
related
—
Sep 21, 2004
$4,400,000
Northshore School Dist No 417
Benaroya Capital Co LLC
Warranty Deed
—
Apr 16, 1997
—
Benaroya Capital Co
—
Deed Of Trust
related
$8,053,445 · Us Bank Of Washington
Feb 19, 1997
$2,815
Benoraya Capital Co LLC
K Park Investments
Grant Deed
related
—
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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