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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Retail space
22832 Bothell Everett Hwy Bothell, WA 98021
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1377315
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
11,797 SF
Lot
2.2 ac (95,832 SF)
Zoning code
R-AC, OP, CB, MVSO
APN
519300200100
UPID
US90-1377315
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
Ds Canyon Park LP · 8 yrs held
Ds Canyon Park LP
since 2018
6 recorded transactions
Zoning & alternative use
R-AC, OP, CB, MVSO · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,560,000
7%
$2,375,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,435,000
Current use
WAREHOUSE, STORAGE
$3,405,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±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
$206 / 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
$79,837
Tax year 2023
Assessed value
$9,690,000
Assessed 2023
Previous assessed
$9,812,000
-1.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$3,736,000
Assessed improvement
$5,954,000
Land market value
$3,736,000
Improvement market value
$5,954,000
Total market value
$9,690,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
1
Total area
11,797 SF
Lot
2.2 ac (95,832 SF)
Zoning code
R-AC, OP, CB, MVSO
APN
519300200100
UPID
US90-1377315
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-AC, OP, CB, MVSO · Bothell, WA
Zoning R-AC, OP, CB, MVSO · permitted uses
R-AC, OP, CB, MVSO · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.4M
RETAIL STORES Current
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
1990
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
Ds Canyon Park LP
Entity
Mailing address
7200 WISCONSIN AVE STE #600, BETHESDA, MD 20814-4845
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2018
$52,546,624
Ds Canyon Park LP
Trc Canyon Park Place LLC
Trustees Deed
$26,000,000 · Miscellaneous Ins Co
Oct 24, 2016
—
Trc Canyon Park Place LLC
Trc Mm LLC
Quit Claim Deed
related
$26,000,000 · Miscellaneous Ins Co
Jul 24, 2015
—
Trc Canyon Park Place LLC
Trc Canyon Park Place LLC
Quit Claim Deed
—
Apr 14, 2005
—
Canyon Park Place LLC
Fifth Avenue Associates
Quit Claim Deed
related
—
Mar 31, 1998
—
Fifth Ave Associates
—
Deed Of Trust
related
$14,200,000 · Teachers Insurance & Annuity
Mar 1, 1989
$2,003,904
Fifth Avenue Associates
Unknown
Grant Deed
—
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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