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Property profile & analytics
OFF-MARKET
Estimated value
$6,990,000
Schools
2930 228th SE St Bothell, WA 98021-8927
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0767833
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2010
Construction
WOOD
Total area
3,164 SF
Lot
2.44 ac (106,286 SF)
Zoning code
R40000
APN
27053200104400
UPID
US90-0767833
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
-
Whole Earth Montessori School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.99M
Owner & transaction history
Wem Holdings LLC · 5 yrs held
Wem Holdings LLC
since 2020
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
R40000 · 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
$6,990,000
ML approach
$6,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.99M
Range $6.29M – $7.69M · ±10% · vs last sale $5.42M (Dec 28 2020)
Last sale anchor
$5.42M
Dec 28 2020
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
$2,209 / 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
$2,658
Tax year 2023
Assessed value
$4,058,600
Assessed 2023
Previous assessed
$3,343,500
+21.4% YoY
Effective rate
0.07%
On assessed value
Assessed land
$2,440,000
Assessed improvement
$1,618,600
Land market value
$2,440,000
Improvement market value
$1,618,600
Total market value
$4,058,600
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Rooms
2
Bathrooms
1
Total area
3,164 SF
Lot
2.44 ac (106,286 SF)
Zoning code
R40000
APN
27053200104400
UPID
US90-0767833
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R40000 · Bothell, WAZoning R40000 · permitted uses
R40000 · 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
2010
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
2
Bathrooms
1
Lot
2.44 ac
Current owner
From public records · entity-resolved
Wem Holdings LLC
Entity
Mailing address
18955 84TH PL NE, BOTHELL, WA 98011-3345
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
$5,415,000
Wem Holdings LLC
Galante Holdings LLC
Warranty Deed
$2,750,000 · Washington Trust Bank
Jun 24, 2020
—
Galante Holdings LLC
—
Deed
related
$439,710 · Columbia St Bk
May 11, 2018
—
Galante Holdings LLC
—
Deed
related
$257,841 · Columbia St Bk
May 9, 2016
—
Galante Holdings LLC
—
Deed
related
$2,002,500 · Columbia State Bank
Jan 23, 2009
—
Galante Holdings LLC
Galante,dianna L
Quit Claim Deed
related
$1,285,000 · Foundation Bank
Nov 1, 1989
$170,000
Allan Galante
Unknown
Grant Deed
$158,100 · Jameson Mtg
—
—
Galante Holdings LLC
—
Deed Of Trust
related
$1,200,000 · Key Bank NA
—
—
Galante Holdings LLC
—
Loan Modification
related
$439,710 · Columbia St Bk
—
—
Galante Holdings LLC
—
Deed Of Trust
related
$50,000 · Key Bank NA
—
—
Galante Holdings LLC
—
Deed Of Trust
related
$257,841 · Columbia St Bk
—
—
Dianna L Galante
—
Deed Of Trust
related
$250,000 · Washington Mutual Fsb
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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