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Property profile & analytics
OFF-MARKET
Estimated value
$3,795,000
Retail space
22804 100th W Ave Edmonds, WA 98020-5920
Entity Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0994185
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
20,055 SF
Lot
1.44 ac (62,726 SF)
Zoning code
E1
APN
610600300501
UPID
US90-0994185
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
-
Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.35M
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$3.80M
Owner & transaction history
Investors LLP Westgate · 29 yrs held
Investors LLP Westgate
since 1997
7 recorded transactions
Zoning & alternative use
E1 · Edmonds, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.1M
+4.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,710,000
6.5%
$4,350,000
7%
$4,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,840,000
Current use
COMMERCIAL (GENERAL)
$6,080,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$5,790,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.80M
Range $3.42M – $4.17M · ±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
$189 / 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
$57,417
Tax year 2023
Assessed value
$8,361,000
Assessed 2023
Previous assessed
$4,645,000
+80.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$3,602,100
Assessed improvement
$4,758,900
Land market value
$3,602,100
Improvement market value
$4,758,900
Total market value
$8,361,000
Applied tax rate
216.0000
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
1984
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
20,055 SF
Lot
1.44 ac (62,726 SF)
Zoning code
E1
APN
610600300501
UPID
US90-0994185
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
E1 · Edmonds, WAZoning E1 · permitted uses
E1 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$6.1M
WAREHOUSE, STORAGE
Est. value
$5.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1984
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Investors LLP Westgate
Entity
Mailing address
7918 GRN LK DR N, SEATTLE, WA 98103-4864
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2019
—
Westgate Investors LLP
—
Trustees Deed
related
$3,000,000 · Miscellaneous Ins Co
Apr 29, 2019
—
Pacific Bells LLC
—
Deed
related
$425,000,000 · Bank Of America
Sep 7, 2017
—
Westgate Investors LLP
—
Deed
related
$2,750,000 · Pacific Crest Svgs Bk
Sep 30, 2016
—
Westgate Investors LLP
—
Deed
related
$2,750,000 · Pacific Crest Svgs Bk
May 27, 2016
—
Westgate Investors LLP
—
Deed
related
$2,750,000 · Pacific Crest Svgs Bk
Feb 26, 1997
—
Investors LLP Westgate
Westgate Investors
Quit Claim Deed
related
$1,625,000 · Standard Insurance Co
—
—
Pacific Bells LLC
—
Deed Of Trust
related
$425,000,000 · Bank Of America
—
—
Westgate Investors LLP
—
Loan Modification
related
$2,750,000 · Pacific Crest Svgs Bk
—
—
Westgate Investors LLP
—
Loan Modification
related
$2,750,000 · Pacific Crest Svgs Bk
—
—
Westgate Investors LLP
—
Loan Modification
related
$2,750,000 · Pacific Crest Svgs Bk
—
—
Investors LLP Westgate
—
Deed Of Trust
related
$2,500,000 · Life Insurance Co Of The South
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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