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    Property profile & analytics

    24135 Van Ry Blvd Mountlake Terrace, WA 98043-5430

    • Hotels
    • 36,611 SF
    • 2.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 30, 2025
    $11,484,979
    Location Intelligence
    Property ID
    US90-1284286
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 24135 Van Ry Blvd

    Year built
    1997
    Construction
    WOOD
    Lot size
    2.75 lot acres
    Property size
    36,611 SF
    Zone code
    F/T
    Property type
    Hotels
    Property subtype
    Motels
    APN
    520500101201
    APU
    520500101201

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mountlake Terrace
    County
    Snohomish
    State
    Washington
    Longitude
    -122.313
    Latitude
    47.7803
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $62,754
    $3,850,300
    $4,936,400
    $8,786,700
    -
    $3,850,300
    $4,936,400
    $8,786,700

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      Mountlake Terrace, WA 98043

      INDUSTRIAL - VACANT LAND • 0.20 Acres
      Mountlake Terrace, WA 98043
      View Details
    • Value Estimation by Request
      1.50 Acres

      Mountlake Terrace, WA 98043

      RECREATIONAL, ENTERTAINMENT • 1.50 Acres
      Mountlake Terrace, WA 98043
      View Details
    • Value Estimation by Request
      152,942 SF

      23511 56th W Ave

      APARTMENT HOUSE (100+ UNITS) • 152,942 SF
      23511 56th W Ave, Mountlake Terrace, WA 98043-5256
      View Details
    • Value Estimation by Request
      59,651 SF

      24120 Van Ry Blvd

      FINANCIAL BUILDING • 59,651 SF
      24120 Van Ry Blvd, Mountlake Terrace, WA 98043-5430
      View Details
    • Value Estimation by Request
      32,330 SF

      24255 Van Ry Blvd

      RETAIL STORES (PERSONAL SERVICES) • 32,330 SF
      24255 Van Ry Blvd, Mountlake Terrace, WA 98043-5460
      View Details
    • Value Estimation by Request
      31,791 SF

      6808 220th SW St

      MEDICAL BUILDING • 31,791 SF
      6808 220th SW St, Mountlake Terrace, WA 98043-2187
      View Details

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      2.95 Acres

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      Modern flex warehouse, ±20,000 SF, I-90 access.
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    Similar Nearby for Lease

    • $1.20 SF/Yr
      4,500 SF

      Mountlake Terrace Warehouse Space Available

      4,500 SF warehouse space for lease in Mountlake Terrace.
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    • $38 SF/Yr
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      Terrace Station Retail Spaces

      Mountlake Terrace retail spaces available.
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      Regus Redstone: Prime Mountlake Terrace Office

      Class A Office Suites, Coworking Spaces Available
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      Mountlake Terrace Office Space Available

      Office space available for lease in Mountlake Terrace, WA.
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    • $25 SF/Yr
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      Class A Office Suites in Mountlake Terrace
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    • $12 SF/Yr
      9,741 SF

      Mountlake Terrace Office Space Available

      Three-story office building with recent upgrades and ample parking.
      6912 220Th St SW, Mountlake Terrace, WA 98043
      View Details
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    Mountlake Terrace, WA 98043-5430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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