Back to Search
Property profile & analytics
OFF-MARKET
Retail space
31955 State Rte 20 Oak Harbor, WA 98277-5211
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0845079
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
3,792 SF
Lot
0.39 ac (16,988 SF)
Zoning code
OH
APN
R13202-462-0450
UPID
US90-0845079
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
-
Mark Hinderaker Physician
-
Erica Marshall Spa & Massage Center Alternative Medicine Practice
-
Allison Engert Physician
-
Philipp Hoog Physician
-
Dr. Erick Harada Physician
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
31955 SR 20 LLC · 9 yrs held
31955 SR 20 LLC
since 2017
4 recorded transactions
Zoning & alternative use
OH · Oak Harbor, 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 Oak Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Harbor 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
Property tax & assessments
Assessed value
$748,771
Assessed 2023
Previous assessed
$670,076
+11.7% YoY
Assessed land
$339,768
Assessed improvement
$409,003
Land market value
$339,768
Improvement market value
$409,003
Total market value
$748,771
Applied tax rate
100.0000
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
1978
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
1
Total area
3,792 SF
Lot
0.39 ac (16,988 SF)
Zoning code
OH
APN
R13202-462-0450
UPID
US90-0845079
Jurisdiction
ISLAND
Zoning & alternative use
OH · Oak Harbor, WAZoning OH · permitted uses
OH · Oak Harbor, 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
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
31955 SR 20 LLC
Entity
Mailing address
PO BOX 597, COUPEVILLE, WA 98239-0597
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2018
—
31955 SR 20 LLC
—
Trustees Deed
related
$432,000 · Heritage Bk
Jun 23, 2017
$616,000
31955 SR 20 LLC
Saia Jerry Living Trust
Warranty Deed
$516,000 · Sala Jerry Living Trust (pt)
Jun 1, 2005
$475,000
Saia Jerry Trust
Rayle,frank B
Warranty Deed
$325,000 · Frank B Rayle
—
—
31955 SR 20 LLC
—
Deed Of Trust
related
$400,000 · Saia Jerry Living Trust (rt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31955 State Rte 20?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
