Financial
Distress signals
Property profile

3323 169Th Pl NE Arlington, WA 98223

FOR LEASE
Retail space
Property ID
US90-1500239
12,740 SF 1 ac lot Built 1996
Last sale May 2019 · $5,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a multi-tenant retail shopping center located in a concentrated commercial area serving the Smokey Point trade area. It is configured for leased retail use with space occupied by a mix of national and local tenants, supported by nearby destination retailers including Tractor Supply and Lowe’s Home Improvement. The center is positioned near the intersection of Interstate 5 and Highway 531, with Interstate 5 approximately 0.25 miles away. The surrounding market includes large-format retailers such as Costco, Target, and Walmart.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$3.17M
Assessed land$1.26M
Assessed improvement$1.90M
Effective rate0.78%

Value estimate

· Sep 2026
$2.38M
$2.14M – $2.62M
CAP approach$2.76M
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 76,096.00% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489

Cap rate analysis

How does the asset earn?
76,096.00%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HC
Old Town Business District (OTBD), General Commercial (GC), Highway Commercial (HC), Business Park (BP), and Commercial Corridor (CC). Th...
General categoryCOMMERCIAL
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.7
Law Firm10.8
Convenience Store10.6

Location

3323 169Th Pl NE Arlington, WA 98223
County assessor Recorded deeds · 10 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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