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Property profile & analytics
OFF-MARKET
Industrial properties
326 Olympic Ave Arlington, WA 98223-1339
Entity Owned
7-yr Hold
Free & Clear
Property ID
US90-0577816
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1924
Construction
TYPE NOT SPECIFIED
Total area
3,873 SF
Lot
0.09 ac (3,920 SF)
Zoning code
15
APN
529900100501
UPID
US90-0577816
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
Gaskin Invs Prop LLC · 7 yrs held
Gaskin Invs Prop LLC
since 2018
7 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
$6,720
Tax year 2023
Assessed value
$869,800
Assessed 2023
Previous assessed
$743,100
+17.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$178,500
Assessed improvement
$691,300
Land market value
$178,500
Improvement market value
$691,300
Total market value
$869,800
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1924
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
3,873 SF
Lot
0.09 ac (3,920 SF)
Zoning code
15
APN
529900100501
UPID
US90-0577816
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
15 · Arlington, WA
Zoning 15 · permitted uses
15 · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Gaskin Invs Prop LLC
Entity
Free & Clear · 7 yrs held
Mailing address
328 N OLYMPIC AVE, ARLINGTON, WA 98223-1339
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2023
—
Gaskin Investment Properties LLC
—
Deed
related
$500,000 · Coastal Community Bank
Dec 4, 2018
—
Gaskin Investinent Prop LLC
—
Deed
related
—
Oct 24, 2018
$281
Gaskin Invs Prop LLC
Coast Dev Co LLC
Quit Claim Deed
related
—
Aug 16, 2017
—
Coast Development Co LLC
—
Deed
related
$712,500 · Coastal Community Bank
May 24, 2013
—
Coast Dev Co LLC
Gaskin,trevor & Angela
Quit Claim Deed
related
—
Jul 20, 2012
—
Trevor L Gaskin
—
Trustees Deed
related
$453,739 · Business Bank
Oct 18, 2011
$135,000
Trevor L Gaskin
Columbia St Bk
Grant Deed
$101,250 · Coastal Community Bank
Oct 18, 2011
—
Columbia St. Bk
First Heritage Bk
Quit Claim Deed
—
Apr 30, 2010
$243,341
First Heritage Bk
Sel INC
Trustees Deed
related
—
Mar 16, 2006
$315,000
Robert Wachter
Legler,gary P & Donna L
Warranty Deed
$236,500 · First Heritage Bank
Feb 10, 1997
$120,000
Joseph T Russo
Berg,kenneth D & Marian A
Grant Deed
$108,000 · Seller
—
—
Joseph T Russo
—
Deed Of Trust
related
$41,000 · Beneficial Washington INC
—
—
Gaskin Investinent Prop LLC
—
Loan Modification
related
—
—
—
Trevor L Gaskin
—
Deed Of Trust
related
$520,652 · Business Bank
—
—
Robert J Wachter
—
Deed Of Trust
related
$13,129 · First Heritage 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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