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Property profile & analytics
OFF-MARKET
Day care centers
318 Park St, North Bend, WA 98045-8200
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-0181755
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1989
Construction
WOOD
Total area
2,967 SF
Lot
0.28 ac (12,278 SF)
Zoning code
DC
APN
373490-0030
UPID
US90-0181755
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
-
Straight Chiropractic Alternative Medicine Practice
-
Park St. Healing Arts Alternative Medicine Practice
-
Dr Kimberly Kohr, North Bend Nutrition and Chiropractic Alternative Medicine Practice
-
Jill D. Massengill, DC Alternative Medicine Practice
-
Scott A. Massengill, DC Alternative Medicine Practice
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
Scott A Massengill · 14 yrs held
Scott A Massengill
since 2011
7 recorded transactions
Zoning & alternative use
DC · North Bend, 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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,111
Tax year 2022
Assessed value
$593,400
Assessed 2022
Previous assessed
$593,400
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$306,900
Assessed improvement
$286,500
Land market value
$306,900
Improvement market value
$286,500
Total market value
$593,400
Applied tax rate
1,925.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
2,967 SF
Lot
0.28 ac (12,278 SF)
Zoning code
DC
APN
373490-0030
UPID
US90-0181755
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · North Bend, WA
Zoning DC · permitted uses
DC · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Scott A Massengill
Individual
Mailing address
PO BOX 616, NORTH BEND, WA 98045-0616
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
—
Scott A Massengill
—
Deed
related
$321,927 · Umpqua Bank
Oct 5, 2017
—
Scott A Massengill
—
Deed
related
$328,413 · Umpqua Bank
Dec 5, 2011
—
Scott A Massengill
Fannie Mae
Special Warranty Deed
$268,000 · First Citizens Bank & Trust Co
Jun 13, 2011
$400,144
Federal Natl Mtg Assn Fnma
Northwest Trustee Services
Trustees Deed
related
—
Feb 4, 2008
—
Ruth Espinal
King,marcus
Quit Claim Deed
related
—
Mar 16, 2006
—
Mark Granber
Yamis Haven INC
Quit Claim Deed
related
—
Mar 1, 2000
$423,800
Yami Haven INC
Morical,gary D & Linda M
Grant Deed
$359,000 · Amresco Independence Funding
Aug 11, 1989
$166,725
Gary D Morical
Country Homes,in
Grant Deed
$133,400 · Centrust Mortgage
—
—
Gary D Morical
—
Deed Of Trust
related
$172,500 · Washington Federal Savings
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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