Financial
Distress signals
Property profile

3405 172nd NE St Arlington, WA 98223

OFF-MARKET
Retail space
Property ID
US90-2987205
23,369 SF 2.12 ac lot Built 1985
Last sale Sep 2022 · $7,165,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail shopping center located along 172nd Street NE in Arlington, Washington, just off Interstate 5. It is configured as a multi-tenant retail center with an established anchor tenant, with the anchor’s occupancy maintained for an extended period as part of the center’s tenant mix. The surrounding area includes retail development and growth in the surrounding commercial and residential trade area, and the property is positioned within a corridor that supports high-volume vehicular traffic on the nearby roadway.

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?
$39k
Tax billed · 2023
Assessed value$5.01M
Assessed land$2.49M
Assessed improvement$2.51M
Effective rate0.78%

Value estimate

· Sep 2026
$7.11M
$6.39M – $7.82M
AI approach$7.06M
CAP approach$5.07M
Sales comparison$7.83M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Shop13.1
Law Firm11.4
Convenience Store10.8

Location

3405 172nd NE St Arlington, WA 98223-7717
County assessor Recorded deeds · 8 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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