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Property profile & analytics
FOR LEASE
Retail space
303 91St Ave NE, Lake Stevens, WA 98258
Entity Owned
~
Est. High Equity
Property ID
US90-0593949
For Lease
1 / 2
$655,000
303 91St Ave NE, Lake Stevens, WA 98258
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
TYPE NOT SPECIFIED
Total area
3,840 SF
Lot
0.75 ac (32,670 SF)
Zoning code
SRC
APN
804000000100
UPID
US90-0593949
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
$855k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Homegoods LLC
Homegoods LLC
since 2026
7 recorded transactions
Zoning & alternative use
SRC · Lake Stevens, 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 Lake Stevens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Stevens 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%
$925,000
6.5%
$855,000
7%
$790,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$171 / 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
$11,535
Tax year 2023
Assessed value
$1,094,000
Assessed 2023
Previous assessed
$1,110,400
-1.5% YoY
Effective rate
1.05%
On assessed value
Assessed land
$818,200
Assessed improvement
$275,800
Land market value
$818,200
Improvement market value
$275,800
Total market value
$1,094,000
Applied tax rate
408.0000
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
For Lease
Year built
1993
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
3,840 SF
Lot
0.75 ac (32,670 SF)
Zoning code
SRC
APN
804000000100
UPID
US90-0593949
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SRC · Lake Stevens, WA
Zoning SRC · permitted uses
SRC · Lake Stevens, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Stevens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Homegoods LLC
Entity
Mailing address
973 LOMAS SANTA FE DR, SOLANA BEACH, CA 92075-2137
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
—
Homegoods LLC
Lake Stevens Grf2 LLC
Deed
—
Aug 15, 2023
—
Agpwa Lake Steven LLC
Saar Properties Viii LLC
Deed
—
Sep 20, 2022
—
State Of Washington
Saar Properties Viii LLC
Warranty Deed
—
Aug 16, 2022
—
State Of Washington
Lake Stevens Grf2 LLC
Warranty Deed
—
Apr 30, 2021
—
Saar Properties INC
Saar Properties Viii LLC
Deed
—
Nov 25, 2020
—
Lake Stevens Grf2 LLC
—
Deed
related
—
Jan 30, 2019
—
Lake Stevens Grf2 LLC
—
Deed
related
$200,000,000 · Wells Fargo Bank NA
Apr 24, 2017
$2,671,975
Saar Properties Viii LLC
Supervalu Wa LLC
Special Warranty Deed
$2,160,000 · Heritage Bank
Feb 16, 2017
—
Lake Stevens Grf2 LLC
—
Deed
related
$13,325,000 · Bank Of America
Jun 16, 2016
$17,500,000
Lake Stevens Grf2 LLC
Lake Stevens Marketplace LLC
Grant Deed
—
Aug 11, 2003
—
Lake Stevens LLC
Twin Falls Properties LLC
Quit Claim Deed
related
—
May 22, 2003
$13,607,978
Twin Falla Properties LLC
Wesbild Lsm INC
Grant Deed
$9,000,000 · Key Bank NA
Oct 26, 1992
$2,320,000
Lsm Assoc
First
Grant Deed
—
Oct 1, 1992
$2,320,076
Lsm Associates
Unknown
Grant Deed
—
—
—
Lake Stevens Marketplace LLC
—
Deed Of Trust
related
$8,000,652 · Health Asset Realty LP
—
—
Lake Stevens Grf2 LLC
—
Loan Modification
related
$13,325,000 · Bank Of America
—
—
Lake Stevens Grf2 LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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