Entity Owned Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,090 SF
Lot
4.41 ac (192,075 SF)
Zoning code
IMU
APN
092308-9092
UPID
US90-0958143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Credit Union
-
Construction Company General Contractor
-
Restaurant
-
Animal Training
-
Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.68M
Owner & transaction history
since 2019
5 recorded transactions
Zoning & alternative use
IMU · North Bend, WA
Zoning description
Interchange Mixed Use (IMU) Business Park (BP) Employment Park (EP) Parks, Open Space and Public Facilities (POSPF) (Ord. 1824 § 5 (App. B), 2024; Ord. 1576 § 1, 2016: Ord. 1325 § 1 (part), 2008: Ord. 1256 § 1 (part), 20…
General category
MIXED_USE
Top alternative use upside
Medical building
$6.0M
+0.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.68M
Value range
$3.31M – $4.05M
±10% around blend
Estimated value / SF
$244 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
80
$3.31M
blend $3.68M
$4.05M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
15,090 SF
Lot area
4.41 ac
Year built
2008
Stories
1
APN
092308-9092
Zoning
IMU
Assessed value
$4,052,900
Annual tax
$34,802
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.16M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.50M
@ 6.5% CAP return
$4.16M
@ 7% CAP return
$3.86M
4
Sales comparison
Partial preview
Sales approach indication
$6.08M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
22.1 mi away · 11,440 SF
23.5 mi away · 12,336 SF
24.5 mi away · 13,790 SF
25.1 mi away · 16,000 SF
26.6 mi away · 14,490 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.68M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 399 sales
$392
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $244/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+1%
vs current-use indication
Retail Stores · current use
Industrial (general)
Office Building
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.05M
Move the market yield to see immediate price impact.
Value / SF
$269
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$255k
$5.11M
$3.65M
$2.84M
$284k
$5.67M
$4.05M
$3.15M
$312k
$6.24M
$4.46M
$3.47M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$3.40M
20.9 mi · Apr 2026 · $287/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$34,802
Tax year 2022
Assessed value
$4,052,900
Assessed 2022
Previous assessed
$4,052,900
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$3,073,200
Assessed improvement
$979,700
Land market value
$3,073,200
Improvement market value
$979,700
Total market value
$4,052,900
Applied tax rate
1,925.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
15,090 SF
Lot
4.41 ac (192,075 SF)
Zoning code
IMU
APN
092308-9092
UPID
US90-0958143
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IMU · North Bend, WAZoning IMU · permitted uses
IMU · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Interchange Mixed Use (IMU) Business Park (BP) Employment Park (EP) Parks, Open Space and Public Facilities (POSPF) (Ord. 1824 § 5 (App. B), 2024; Ord. 1576 § 1, 2016: Ord. 1325 § 1 (part), 2008: Ord. 1256 § 1 (part), 20…
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
4.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
IMU
MIXED_USE
Jurisdiction
North Bend, WA
Recorded code
IMU
Official district
IMU
Official district profile
What the municipal code says about IMU
Zoning description
Interchange Mixed Use (IMU) Business Park (BP) Employment Park (EP) Parks, Open Space and Public Facilities (POSPF) (Ord. 1824 § 5 (App. B), 2024; Ord. 1576 § 1, 2016: Ord. 1325 § 1 (part), 2008: Ord. 1256 § 1 (part), 20…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IMU in North Bend, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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