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Property profile & analytics
OFF-MARKET
Commercial real estate
24001 56th Ave Wd-3 Mountlake Terrace, WA 98043-5558
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-0666633
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2002
Construction
WOOD
Total area
1,007 SF
Zoning code
P1
APN
936700440300
UPID
US90-0666633
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
-
Ashley Harmon, M.D. Medical Clinic
-
Schimmel Don PhD Physician Medical Clinic
-
Olympic Speech Therapy Physician
-
Golden Insurance LLC Insurance Agency
-
PSYCHWELL, PLLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andy S Vasquez · 16 yrs held
Andy S Vasquez
since 2010
6 recorded transactions
Zoning & alternative use
P1 · Mountlake Terrace, 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 Mountlake Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountlake Terrace 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,009
Tax year 2023
Assessed value
$419,900
Assessed 2023
Previous assessed
$325,000
+29.2% YoY
Effective rate
0.72%
On assessed value
Assessed land
$230,200
Assessed improvement
$189,700
Land market value
$230,200
Improvement market value
$189,700
Total market value
$419,900
Applied tax rate
610.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
1,007 SF
Zoning code
P1
APN
936700440300
UPID
US90-0666633
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
P1 · Mountlake Terrace, WA
Zoning P1 · permitted uses
P1 · Mountlake Terrace, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountlake Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Andy S Vasquez
Individual
Mailing address
24001 58TH AVE W UNIT D403, MOUNTLAKE TERRACE, WA 98043
Ownership since
2010
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 23, 2010
$185,000
Andy S Vasquez
Siriyanonh,george
Warranty Deed
$138,750 · Shoreline Bank
Feb 6, 2008
—
George Siriyanonh
Siriyanonh,chackrith & Diane C
Quit Claim Deed
related
—
May 22, 2003
$220,000
Chackrith Siriyanonh
Cnss INC
Grant Deed
$143,000 · Interbay Funding LLC
—
—
Andy S Vasquez
—
Deed Of Trust
related
$200,000 · David R Golden Ents INC
—
—
C N S S INC
—
Deed Of Trust
related
$175,500 · Washington First Int'l Bank
—
—
Chackrith Siriyanonh
—
Deed Of Trust
related
$195,000 · Cathay 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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