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Property profile & analytics
FOR LEASE
Office buildings
3350 Monte Villa Pkwy Bothell, WA 98021
Entity Owned
27-yr Hold
Free & Clear
Property ID
US90-1244001
For Lease
$11,210,000
3350 Monte Villa Pkwy, Bothell, WA 98021
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
45,700 SF
Lot
1.71 ac (74,488 SF)
Zoning code
RACOPCBLI
APN
813300001900
UPID
US90-1244001
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
-
Rockwell Collins Inc Corporate Office Factory
-
Active Network (Bike/Boat/Book/etc) Store Corporate Office
-
Promium LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Verticalmove, Inc. Corporate Office
-
Asher Termite and Pest Control Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.21M
Owner & transaction history
Glacier Ridge Partnership LP · 27 yrs held
Glacier Ridge Partnership LP
since 1998
2 recorded transactions
Zoning & alternative use
RACOPCBLI · Bothell, 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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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%
$14,470,000
6.5%
$13,360,000
7%
$12,405,000
Blend value · Realmo final
$11.21M
Range $10.09M – $12.33M · ±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
$245 / 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
$3,598
Tax year 2023
Assessed value
$11,252,700
Assessed 2023
Previous assessed
$9,620,800
+17.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$1,153,300
Assessed improvement
$10,099,400
Land market value
$1,153,300
Improvement market value
$10,099,400
Total market value
$11,252,700
Applied tax rate
902.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
45,700 SF
Lot
1.71 ac (74,488 SF)
Zoning code
RACOPCBLI
APN
813300001900
UPID
US90-1244001
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RACOPCBLI · Bothell, WA
Zoning RACOPCBLI · permitted uses
RACOPCBLI · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
1.71 ac
Current owner
From public records · entity-resolved
Glacier Ridge Partnership LP
Entity
Free & Clear · 27 yrs held
Mailing address
500 108TH AVE NE STE #2400, BELLEVUE, WA 98004-5553
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 1998
$6,754,700
Glacier Ridge Partnership LP
Quadrant Corp
Grant Deed
—
Dec 30, 1992
$7,905,000
Quadrant Corp
Fortin
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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