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Property profile & analytics
OFF-MARKET
Estimated value
$3,420,000
Warehouses
3316 Old Hartford Rd Lake Stevens, WA 98258-8184
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2715407
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
25,440 SF
Lot
1.54 ac (67,082 SF)
Zoning code
GI
APN
29060500402900
UPID
US90-2715407
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
$4.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.42M
Owner & transaction history
Cmax LLC · 10 yrs held
Cmax LLC
since 2015
7 recorded transactions
Zoning & alternative use
GI · Lake Stevens, 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 Lake Stevens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Stevens 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,745,000
6.5%
$4,380,000
7%
$4,065,000
Blend value · Realmo final
$3.42M
Range $3.08M – $3.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
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
$33,632
Tax year 2023
Assessed value
$3,525,000
Assessed 2023
Previous assessed
$3,282,000
+7.4% YoY
Effective rate
0.95%
On assessed value
Assessed land
$442,500
Assessed improvement
$3,082,500
Land market value
$442,500
Improvement market value
$3,082,500
Total market value
$3,525,000
Applied tax rate
408.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
YES
Cooling
NONE
Stories
2
Total area
25,440 SF
Lot
1.54 ac (67,082 SF)
Zoning code
GI
APN
29060500402900
UPID
US90-2715407
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GI · Lake Stevens, WA
Zoning GI · permitted uses
GI · Lake Stevens, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Stevens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Stories
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Cmax LLC
Entity
Mailing address
13621 NE 126TH PL STE #450, KIRKLAND, WA 98034-8756
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 20, 2020
—
Cmax LLC
—
Deed
related
$1,971,500 · Coastal Community Bank
Feb 27, 2020
—
Cmax LLC
—
Deed
related
$1,555,599 · Coastal Community Bank
Oct 28, 2016
—
Cmax LLC
—
Deed
related
$1,575,000 · Banner Bank
Oct 16, 2015
$1,575,000
Cmax LLC
Washington Federal National Associa
Bargain And Sale Deed
$1,446,338 · Peoples Bank
Aug 30, 2012
—
Washington Fedl
Commercial Visions LLC
Deed In Lieu Of Foreclosure
related
—
Aug 7, 2006
—
Commercial Visions LLC
—
Trustees Deed
related
$2,886,392 · Horizon Bk
Aug 4, 2006
—
Commercial Visions LLC
Verbarendse,mark & Karla
Quit Claim Deed
related
—
—
—
Verbarendse,mark A & Karla J
—
Deed Of Trust
related
$329,565 · Summit Bk/benton
—
—
Verbarandse,mark & Karla
—
Deed Of Trust
related
$684,270 · Summit Bk/benton
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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