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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Retail space
222 Anthes Ave Langley, WA 98260-5100
Individually Owned
8-yr Hold
Free & Clear
Property ID
US90-1395028
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Total area
7,308 SF
Lot
0.27 ac (11,752 SF)
Zoning code
LG
APN
S7345-00-11001-0
UPID
US90-1395028
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
-
Leanne Erickson, Realtor Keller Williams South Whidbey Island Real Estate Agency
-
KW South Whidbey Island Real Estate Agency
-
Adam Bear Healing Arts Alternative Medicine Practice
-
Erin Rodriguez Physician
-
Keller Williams South Whidbey Island Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.15M
Owner & transaction history
James R Porter · 8 yrs held
James R Porter
since 2018
7 recorded transactions
Zoning & alternative use
LG · Langley, 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 Langley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Langley 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±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
$157 / 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
Property tax & assessments
Assessed value
$1,699,002
Assessed 2023
Previous assessed
$1,392,352
+22.0% YoY
Assessed land
$799,167
Assessed improvement
$899,835
Land market value
$799,167
Improvement market value
$899,835
Total market value
$1,699,002
Applied tax rate
700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1984
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Rooms
1
Total area
7,308 SF
Lot
0.27 ac (11,752 SF)
Zoning code
LG
APN
S7345-00-11001-0
UPID
US90-1395028
Jurisdiction
ISLAND
Zoning & alternative use
LG · Langley, WAZoning LG · permitted uses
LG · Langley, 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
1984
Heating
PACKAGE
Cooling
Yes
Stories
2
Rooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
James R Porter
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 789, FREELAND, WA 98249-0789
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
James R Porter
—
Deed
related
$125,000 · Savibank
Oct 18, 2019
—
James R Porter
—
Deed
related
$75,000 · Savibank
Feb 26, 2018
—
James R Porter
Porter Robert O Trust
Quit Claim Deed
related
—
Jul 15, 2009
—
Porter Robert O Trust
Porter,robert O
Quit Claim Deed
related
—
—
—
James R Porter
—
Deed Of Trust
related
$75,000 · Savibank
—
—
James R Porter
—
Loan Modification
related
$125,000 · Savibank
—
—
Robert O Porter
—
Deed Of Trust
related
$151,249 · Whidbey Island Bank
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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