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Property profile & analytics
OFF-MARKET
Commercial land
3130 132nd SE St Mill Creek, WA 98012
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-1313235
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1920
Total area
1,204 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CB
APN
28053200102400
UPID
US90-1313235
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
B10 Mountain B Wa LLC · 1 yrs held
B10 Mountain B Wa LLC
since 2025
7 recorded transactions
Zoning & alternative use
CB · Mill Creek, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
17.16 CB - Community Business 17.17 Repealed 17.18 NB - Neighborhood Business 17.19 EGUV - East Gateway Urban Village 17.20 BP - Business Park 17.21 TC - Town Center 17.22 General Provisions and Standards 17.23 Home Occupations 17.24 Maintenance and Alterations of Structures and Landscaping 17.26 Signs 17.27 Parking Standards and Requirements 17.28 Condition…
Zone name
Community Business
General category
COMMERCIAL
Zone area
114.89 ac
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 Mill Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mill Creek 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
$3,735
Tax year 2023
Assessed value
$381,200
Assessed 2023
Previous assessed
$185,100
+105.9% YoY
Effective rate
0.98%
On assessed value
Assessed land
$381,200
Land market value
$381,200
Total market value
$381,200
Applied tax rate
526.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1920
Heating
BASEBOARD
Stories
2
Bathrooms
1
Total area
1,204 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CB
APN
28053200102400
UPID
US90-1313235
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Mill Creek, WAZoning CB · permitted uses
CB · Mill Creek, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
17.16 CB - Community Business 17.17 Repealed 17.18 NB - Neighborhood Business 17.19 EGUV - East Gateway Urban Village 17.20 BP - Business Park 17.21 TC - Town Center 17.22 General Provisions and Standards 17.23 Home Occupations 17.24 Maintenance and Alterations of Structures and Landscaping 17.26 Signs 17.27 Parking Standards and Requirements 17.28 Conditional Uses 17.29 Wireless Communications Facilities 17.30 Variances 17.32 Nonconforming Uses, Structures and Lots 17.34 Design Review 17.38 Amendments and Development Agreements 17.40 Enforcement 17.42 Fees and Expenses 17.44 Security Devices 17.48 Development Impact Mitigation 17.50 Electric Vehicle Infrastructure Mill Creek Municipal Code
Zone name
Community Business
General category
COMMERCIAL
Zone area
114.89 ac
Building & site characteristics
From public records
Year built
1920
Heating
BASEBOARD
Stories
2
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
B10 Mountain B Wa LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 130339, CARLSBAD, CA 92013-0339
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
—
B10 Mountain B Wa LLC
—
Deed
related
—
Feb 21, 2025
—
B10 Mountain B Wa LLC
Roic Washington LLC
Warranty Deed
—
Aug 22, 2022
$31,050,000
Roic Washington LLC
Mgp X Properties LLC
Bargain And Sale Deed
—
Jan 13, 2012
—
Mgp X Properties LLC
Mgp X Reit LLC
Quit Claim Deed
—
Nov 18, 2011
$18,350,000
Mgp X Reit LLC
Regency Centers LP
Grant Deed
—
Nov 9, 1998
—
Zenith Equity Corp
Armstrong,maclay M
Quit Claim Deed
related
—
May 21, 1998
—
Retail Property Partners LP
Thomas Lake Center Partnership
Grant Deed
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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