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Property profile & analytics
OFF-MARKET
Retail space
310 Olympic Ave Arlington, WA 98223-1339
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-2954360
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
WOOD
Total area
1,610 SF
Lot
0.04 ac (1,742 SF)
Zoning code
15
APN
529900100802
UPID
US90-2954360
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
Grandview North LLC · 3 yrs held
Grandview North LLC
since 2022
Last sale
$165,000
5 recorded transactions
Zoning & alternative use
15 · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$2,455
Tax year 2023
Assessed value
$317,000
Assessed 2023
Previous assessed
$267,900
+18.3% YoY
Effective rate
0.77%
On assessed value
Assessed land
$162,800
Assessed improvement
$154,200
Land market value
$162,800
Improvement market value
$154,200
Total market value
$317,000
Applied tax rate
110.0000
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
1939
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
1,610 SF
Lot
0.04 ac (1,742 SF)
Zoning code
15
APN
529900100802
UPID
US90-2954360
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
15 · Arlington, WAZoning 15 · permitted uses
15 · Arlington, 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
1939
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Grandview North LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 159, ARLINGTON, WA 98223-0159
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
—
Grandview North LLC
—
Deed
related
$204,801 · Coastal Community Bank
Nov 22, 2022
—
Grandview North LLC
Green Valley Holdings LLC
Quit Claim Deed
related
—
Nov 6, 2012
$165,000
Green Valley Holdings LLC
Mustard Seed Ents Of Wa LLC
Warranty Deed
$250,000 · Coastal Community Bank
May 17, 2002
$155,000
Mustard Seed Enterprises Wa Ll
Smith,harold E & Polly A
Grant Deed
$130,000 · Bank Of America
—
—
Harold E Smith
—
Deed Of Trust
related
$62,000 · Seafirst 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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