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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Mobile home & RV parks
23515 Hwy 99 Edmonds, WA 98026-9339
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0959128
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1935
Construction
WOOD
Total area
2,385 SF
Lot
1.48 ac (64,469 SF)
Zoning code
CG
APN
576700002806
UPID
US90-0959128
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
-
Trailer Lane Park Campground & RV Park
-
Tys handy man services Auto Repair Shop
-
PSG Magic Cleaning Service General Contractor
-
PSG Magic Cleaning Service LLC Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$887k
Blend (final)
Blend
$655k
Owner & transaction history
South Edmonds Crest LLC · 8 yrs held
South Edmonds Crest LLC
since 2017
7 recorded transactions
Zoning & alternative use
CG · Edmonds, 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 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$665,000
Current use
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$275 / 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
$15,935
Tax year 2023
Assessed value
$2,342,000
Assessed 2023
Previous assessed
$2,142,000
+9.3% YoY
Effective rate
0.68%
On assessed value
Assessed land
$1,955,700
Assessed improvement
$386,300
Land market value
$1,955,700
Improvement market value
$386,300
Total market value
$2,342,000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
2
Rooms
5
Bathrooms
2
Total area
2,385 SF
Lot
1.48 ac (64,469 SF)
Zoning code
CG
APN
576700002806
UPID
US90-0959128
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Edmonds, WA
Zoning CG · permitted uses
CG · 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
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$665,000
MOBILE HOME PARK, TRAILER PARK Current
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
1935
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
5
Bathrooms
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
South Edmonds Crest LLC
Entity
Mailing address
19920 AURORA AVE NB, SHORELINE, WA 98133-3526
Ownership since
2017
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
Oct 15, 2025
—
South Edmonds Crest LLC
—
Deed
related
$999,999 · Us Bank NA
Nov 2, 2017
$2,250,000
South Edmonds Crest LLC
Soon H Kimm
Warranty Deed
$999,999 · Us Bank NA
Jul 27, 2016
—
Peter Y Kimm
Daniel Co LLC
Quit Claim Deed
related
—
Aug 20, 2013
—
Daniel Company LLC
Kimm,peter Y & Soon H
Quit Claim Deed
related
—
Jan 16, 2008
$1,800,000
Soon H Kimm
Regina Holding Corp
Warranty Deed
$640,000 · Metwest Commercial Lender INC
Oct 24, 1997
—
Lynnwood City (wa)
Regina Holding Corp
Grant Deed
related
—
—
—
Ryan J Davis
—
Deed Of Trust
related
$300,000 · Golf Savings 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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