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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Motels
3006 Commercial Ave, Anacortes, WA 98221-2740
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3358990
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1975
Total area
14,792 SF
Lot
0.73 ac (31,799 SF)
APN
350230-0-002-0009
UPID
US90-3358990
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
-
Anacortes Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.55M
Owner & transaction history
Anacortes Inn LLC · 3 yrs held
Anacortes Inn LLC
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+48.0%
Industrial (general)
$2.4M
+41.4%
Office building
$2.3M
+34.6%
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 Anacortes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anacortes 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,670,000
6.5%
$1,540,000
7%
$1,430,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,695,000
Current use
WAREHOUSE, STORAGE
$2,510,000
Change: +48% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,400,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$2,285,000
Change: +35% · Conversion: Difficult
RESTAURANT
$2,210,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,095,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$2,045,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10%
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
$105 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,926
Tax year 2022
Assessed value
$1,629,700
Assessed 2021
Previous assessed
$1,629,700
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$828,000
Assessed improvement
$801,700
Land market value
$828,000
Improvement market value
$801,700
Total market value
$1,629,700
Applied tax rate
900.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1975
Heating
NONE
Total area
14,792 SF
Lot
0.73 ac (31,799 SF)
APN
350230-0-002-0009
UPID
US90-3358990
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Lot
0.73 ac
Current owner
From public records · entity-resolved
Anacortes Inn LLC
Entity
Mailing address
PO BOX 156, EASTSOUND, WA 98245-0156
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2023
—
Anacortes Inn LLC
Shree Sitaram Parivar LLC
Warranty Deed
$4,627,500 · Mountain Pacific Bank
Apr 19, 2023
$1,375,000
Shree Sharam Parivar LLC
Dorothy Norden
Release/satis. Of Agrem. Of Sale (fee Property)
related
—
May 1, 2014
$1,600,000
Shree Sita Ram Parivar LLC
Wells L S Living Trust
Dual Purpose Document
$1,200,000 · Wells L S Living Trust (pt)
Jan 30, 2007
$590,000
Wells Louis S Living Trust
French Family Partnership
Grant Deed
—
Nov 3, 2006
—
Wells Louis S Living Trust
Wells,louis S
Quit Claim Deed
related
—
Nov 3, 2005
$500,000
French Family Ptshp
Wells,louis S
Grant Deed
—
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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