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Property profile & analytics
OFF-MARKET
Estimated value
$8,290,000
Hotels
22127 Hwy 99, Edmonds, WA 98026-8041
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1376393
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Construction
WOOD
Total area
28,784 SF
Lot
0.82 ac (35,719 SF)
Zoning code
E2
APN
27042900302400
UPID
US90-1376393
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
-
Americas Best Value Inn Edmonds Seattle N Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.41M
Blend (final)
Blend
$8.29M
Owner & transaction history
Snohomish County · 3 yrs held
Snohomish County
since 2022
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
E2 · Edmonds, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.5M
+35.7%
Apartment house (5+ units)
$11.9M
+29.4%
Medical building
$11.2M
+22.1%
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
$8,320,000
ML approach
$8,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,200,000
Current use
AUTO REPAIR, GARAGE
$12,490,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,905,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$11,240,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$11,145,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,725,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$8,380,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$8.29M
Range $7.46M – $9.12M · ±10% · vs last sale $8.39M (Dec 5 2022)
Last sale anchor
$8.39M
Dec 5 2022
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
$288 / 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
$33,670
Tax year 2023
Assessed value
$4,125,000
Assessed 2023
Previous assessed
$4,125,000
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,196,700
Assessed improvement
$2,928,300
Land market value
$1,196,700
Improvement market value
$2,928,300
Total market value
$4,125,000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
3
Bathrooms
2
Total area
28,784 SF
Lot
0.82 ac (35,719 SF)
Zoning code
E2
APN
27042900302400
UPID
US90-1376393
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
E2 · Edmonds, WA
Zoning E2 · permitted uses
E2 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edmonds. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$12.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.9M
MEDICAL BUILDING
Est. value
$11.2M
OFFICE BUILDING
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$8.7M
RETAIL STORES
Est. value
$8.4M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Bathrooms
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Snohomish County
Entity
Mailing address
3000 ROCKEFELLER AVE #404, EVERETT, WA 98201-4071
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
$8,385,600
Snohomish County
Sang Mok Kim
Warranty Deed
—
Jun 24, 2021
—
Sang Mok Kim
—
Deed
related
$670,000 · Unibank
May 24, 2016
—
Sang M Kim
—
Deed
related
$942,000 · Bbcn Bk
May 1, 1989
$281,500
Sang Mok Kim
Unknown
Grant Deed
—
—
—
Sang M Kim
—
Deed Of Trust
related
$1,750,000 · City Bank
—
—
Kim,sang M & Chun O
—
Deed Of Trust
related
$942,000 · Bbcn Bk
—
—
Sang M Kim
—
Deed Of Trust
related
$1,350,000 · Hanmi Bank
—
—
Sang M Kim
—
Loan Modification
related
$942,000 · Bbcn Bk
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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