Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3413 Old Hartford Rd Lake Stevens, WA 98258-9280
    Back to Search
    Property profile & analytics

    3413 Old Hartford Rd, Lake Stevens, WA 98258-9280

    View on Map
    • Manufacturing properties
    • 784 SF
    • 14.03 lot acres
    Off-Market
    Last Sale Aug 15, 2023
    Property ID
    US90-0917540
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 3413 Old Hartford Rd

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    14.03 lot acres
    Zone code
    GI(GI)
    Property type
    Manufacturing properties
    APN
    29060500402000
    APU
    29060500402000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 15, 2023 — De Jong Property Holdings LLC Cory J De Jong III Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Stevens
    County
    Snohomish
    State
    Washington
    Longitude
    -122.055
    Latitude
    48.0294
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,083
    $1,439,000
    $160,000
    $1,599,000
    -
    $1,439,000
    $160,000
    $1,599,000

    Comparable in this City

    • Value Estimation
      $980,000
      9,000 SF

      3302 Old Hartford Rd

      FOUNDRY, INDUSTRIAL PLANT
      3302 Old Hartford Rd, Lake Stevens, WA 98258-8699
      View Details
    • Value Estimation by Request
      2,544 SF

      2508 Hartford Dr

      LUMBER & WOOD PRODUCT MFG
      2508 Hartford Dr, Lake Stevens, WA 98258
      View Details
    • Value Estimation
      $3,240,000
      31,720 SF

      2524 Machias Rd, Unit A

      LUMBER & WOOD PRODUCT MFG
      2524 Machias Rd, Lake Stevens, WA 98258-9208
      View Details
    • Value Estimation
      $1,300,000
      15,272 SF

      2512 Hartford Dr

      LUMBER & WOOD PRODUCT MFG
      2512 Hartford Dr, Lake Stevens, WA 98258
      View Details
    • Value Estimation
      $4,745,000
      2,250 SF

      2317 Machias Rd

      FOUNDRY, INDUSTRIAL PLANT
      2317 Machias Rd, Lake Stevens, WA 98258-9344
      View Details
    • Value Estimation by Request
      3,616 SF

      2720 Hartford Dr

      FOUNDRY, INDUSTRIAL PLANT
      2720 Hartford Dr, Lake Stevens, WA 98258-9225
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lake Stevens Flex/Industrial Building

      Fully leased flex/industrial building with income potential in Lake Stevens.
      13008 27Th Pl Ne, Lake Stevens, WA 98258
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      1.38 acres of commercial land in Lake Stevens, WA.
      10520 20Th St, Lake Stevens, WA 98258
      View Details
    • $275,000

      Residential Land in Lake Stevens

      0.22 acre lot ready for development in Lake Stevens.
      2229 97Th St, Everett, WA 98258
      View Details
    • Contact for pricing

      Lake Stevens Commercial Lot Opportunity

      Prime commercial lot in high-visibility location, ideal for development.
      8229 20Th St, Lake Stevens, WA 98258
      View Details
    • Contact for pricing

      Vacant Land in Lake Stevens

      Rare vacant land with development potential near downtown Lake Stevens.
      11702 20Th St, Lake Stevens, WA 98258
      View Details
    • Contact for pricing
      11,550 SF

      NNN Leased Petco in Washington

      Single-tenant Petco in Lake Stevens with 10-year lease extension.
      9004 Vernon Rd, Lake Stevens, WA 98258
      View Details

    Similar Nearby for Lease

    • $2,587 /Mo
      887 SF

      Retail and Office/Warehouse Space

      Rare retail and office/warehouse space with great access.
      10519 20Th St SE, Lake Stevens, WA 98258
      View Details
    • $33,600
      2,400 SF

      Lake Stevens Flex Space Available

      2,400 RSF flex space for lease in Lake Stevens.
      9015 Vernon Rd, Lake Stevens, WA 98258
      View Details
    • $1,993 /Mo
      1,040 SF

      10519 20th St SE, Lake Stevens, WA 98258

      Retail space
      10519 20Th St SE, Lake Stevens, WA 98258
      View Details
    • $3,888 /Mo
      1,333 SF

      Retail and Office/Warehouse Space

      Rare retail and office/warehouse space with great access.
      10519 20Th St SE, Lake Stevens, WA 98258
      View Details
    • $1,881 /Mo
      645 SF

      Retail/Office Space in Lake Stevens

      New retail/office space in Lake Stevens, estimated delivery Q2 2026.
      3606 Grade Rd, Lake Stevens, WA 98258
      View Details
    • Contact for pricing
      2,024 SF

      Retail Space in Lake Stevens

      Anchored retail center in a strong trade area.
      303 91St Ave NE, Lake Stevens, WA 98258
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3413 Old Hartford Rd
    Lake Stevens, WA 98258-9280
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3413 Old Hartford Rd, Lake Stevens, WA, 98258
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!