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Property profile & analytics
OFF-MARKET
Office buildings
2869 Howard Rd Langley, WA 98260-9731
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1566469
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1982
Construction
WOOD
Total area
1,444 SF
Lot
0.22 ac (9,583 SF)
Zoning code
50
APN
R32917-246-0900
UPID
US90-1566469
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
-
Gregory Young - Coldwell Banker 360 Team - Freeland WA Real Estate Agency
-
Gail Pierce, Coldwell Banker 360 TEAM Real Estate Agency
-
Diane Lantz Real Estate Agency
-
Gail Pierce- Whidbey Island Realtor Real Estate Agency
-
Better Homes & Gardens McKenzie Realty Real Estate Agency
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
Infinity Realty LLC · 3 yrs held
Infinity Realty LLC
since 2023
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
50 · Langley, 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 Langley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Langley 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
Property tax & assessments
Assessed value
$403,701
Assessed 2023
Previous assessed
$364,333
+10.8% YoY
Assessed land
$210,000
Assessed improvement
$193,701
Land market value
$210,000
Improvement market value
$193,701
Total market value
$403,701
Applied tax rate
710.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
BASEBOARD
Cooling
YES
Stories
1
Rooms
1
Total area
1,444 SF
Lot
0.22 ac (9,583 SF)
Zoning code
50
APN
R32917-246-0900
UPID
US90-1566469
Jurisdiction
ISLAND
Zoning & alternative use
50 · Langley, WAZoning 50 · permitted uses
50 · Langley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Infinity Realty LLC
Entity
Mailing address
390 E WHIDBEY AVE, OAK HARBOR, WA 98277-2573
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2023
$475,000
Infinity Realty LLC
Julie A Banta
Warranty Deed
—
Jun 9, 2021
$450,000
Julie A Banta
Cynthia Elaine Bangston
Warranty Deed
$350,000 · Candace Jordan
May 3, 2016
—
Cynthia E Bangston
—
Deed
related
$86,590 · Heritage Bank
May 2, 2016
—
Bangston Trust
Bangston Cynthia Elaine
Quit Claim Deed
related
—
Mar 16, 2016
—
Bangston Trust
Bangston Trust
Quit Claim Deed
related
—
Mar 3, 2008
—
Erling F Bangston
Bangston,erling F & Cynthia E
Quit Claim Deed
related
—
May 23, 2007
—
Erling F Bangston
Bangston Erling F & C E
Quit Claim Deed
related
—
—
—
Erling F Bangston
—
Deed Of Trust
related
$125,000 · Whidbey Island 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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