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Property profile & analytics
OFF-MARKET
Retail space
26924 103rd NW Dr Stanwood, WA 98292-8006
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1612449
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Construction
WOOD
Total area
1,720 SF
Lot
0.1 ac (4,356 SF)
Zoning code
UB
APN
587601100300
UPID
US90-1612449
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hansen 1 Rental LLC · 1 yrs held
Hansen 1 Rental LLC
since 2024
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
UB · Stanwood, 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 Stanwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanwood 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
$2,593
Tax year 2023
Assessed value
$319,000
Assessed 2023
Previous assessed
$301,000
+6.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$183,600
Assessed improvement
$135,400
Land market value
$183,600
Improvement market value
$135,400
Total market value
$319,000
Applied tax rate
758.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Rooms
6
Bathrooms
1
Total area
1,720 SF
Lot
0.1 ac (4,356 SF)
Zoning code
UB
APN
587601100300
UPID
US90-1612449
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UB · Stanwood, WAZoning UB · permitted uses
UB · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2024 09 30 ZoningMap
Building & site characteristics
From public records
Year built
1905
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Hansen 1 Rental LLC
Entity
Mailing address
PO BOX 1665, STANWOOD, WA 98292-1665
Ownership since
2024
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
Nov 22, 2024
—
Hansen 1 Rental LLC
Michael A Hansen
Deed
related
—
May 3, 2023
—
Michael A Hansen
Michael A Hansen
Intrafamily Transfer
related
—
Nov 21, 2000
$145,000
Bette A Pearson
Watkins,kenneth R
Grant Deed
$116,000 · America's Wholesale Lender
Apr 10, 1997
$120,095
Kenneth R Watkins
Laitenberger,rolf & Gaylynn B
Grant Deed
$95,095 · Seller
May 1, 1992
$65,000
Rolf Laitenberger
Unknown
Grant Deed
—
—
—
Kenneth R Watkins
—
Deed Of Trust
related
$13,933 · Individual
—
—
Steven Pearson
—
Deed Of Trust
related
$111,500 · Countrywide Bank
—
—
Kenneth R Watkins
—
Deed Of Trust
related
$64,900 · Ameriwest Mortgage Corp
—
—
Kenneth R Watkins
—
Deed Of Trust
related
$96,000 · Ameriquest Mortgage Corp
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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