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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Industrial properties
23622 Bothell Everett Hwy Bothell, WA 98021-9322
Entity Owned
~
Est. High Equity
Property ID
US90-0295735
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1922
Construction
WOOD FRAME
Total area
2,324 SF
Lot
1.53 ac (66,647 SF)
Zoning code
CB
APN
27053100300500
UPID
US90-0295735
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
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
Mainvue Wa LLC
Mainvue Wa LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
CB · Bothell, WA
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
$2,350,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±10% · vs last sale $2.37M (Aug 5 2022)
Last sale anchor
$2.37M
Aug 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
$1,009 / 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
$17,021
Tax year 2023
Assessed value
$2,061,200
Assessed 2023
Previous assessed
$2,002,200
+2.9% YoY
Effective rate
0.83%
On assessed value
Assessed land
$1,934,000
Assessed improvement
$127,200
Land market value
$1,934,000
Improvement market value
$127,200
Total market value
$2,061,200
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 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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1922
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Rooms
8
Bathrooms
3
Total area
2,324 SF
Lot
1.53 ac (66,647 SF)
Zoning code
CB
APN
27053100300500
UPID
US90-0295735
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Bothell, WAZoning CB · permitted uses
CB · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Permit Center | Bothell WA
Building & site characteristics
From public records
Year built
1922
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Rooms
8
Bathrooms
3
Lot
1.53 ac
Current owner
From public records · entity-resolved
Mainvue Wa LLC
Entity
Mailing address
18329 98TH AVE NE STE #300, BOTHELL, WA 98011-3300
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$8,550,000
Mainvue Wa LLC
Harbour Homes LLC
Warranty Deed
—
May 7, 2025
—
Harbour Homes LLC
—
Deed
related
$70,000,000 · Banner Bank
Dec 13, 2024
—
Harbour Homes LLC
—
Deed
related
$70,000,000 · Banner Bank
Aug 5, 2022
$2,368,300
Harbour Homes LLC
Smile Enterprises LLC
Bargain And Sale Deed
—
Aug 24, 2017
—
Smile Enterprises LLC
—
Deed
related
$200,000 · Beneficial State Bank
Jul 1, 2005
—
Smile Ents LLC
—
Trustees Deed
related
$1,240,000 · Shorebank Pacific
Oct 5, 2001
$700,000
Smile Enterprises LLC
Barfod,torben & Anna H
Grant Deed
$796,723 · City Bank
—
—
Smile Ents LLC
—
Deed Of Trust
related
$89,193 · Shorebank Pacific
—
—
Smile Ents LLC
—
Loan Modification
related
—
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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