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Property profile & analytics
FOR LEASE
Office buildings
35131 SE Douglas St, Snoqualmie, WA 98065
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US90-1260440
For Lease
$22 SF/Yr
35131 SE Douglas St, Snoqualmie, WA 98065
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
CONCRETE
Total area
50,500 SF
Lot
3.5 ac (152,460 SF)
Zoning code
MU
APN
785180-0030
UPID
US90-1260440
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
-
Persona Nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
Northwest Ministry Network Office Church Mosque
-
Northwest Kidney Centers Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.66M
Owner & transaction history
Northwest Dist Council Assembl · 23 yrs held
Northwest Dist Council Assembl
since 2003
4 recorded transactions
Zoning & alternative use
MU · Snoqualmie, 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 Snoqualmie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snoqualmie 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$152 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,434
Tax year 2022
Assessed value
$1,194,100
Assessed 2022
Previous assessed
$1,194,100
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$117,100
Assessed improvement
$1,077,000
Land market value
$117,100
Improvement market value
$1,077,000
Total market value
$1,194,100
Applied tax rate
2,277.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
OFFICE BUILDING
Status
For Lease
Year built
2000
Construction
CONCRETE
Heating
CENTRAL
Stories
2
Total area
50,500 SF
Lot
3.5 ac (152,460 SF)
Zoning code
MU
APN
785180-0030
UPID
US90-1260440
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MU · Snoqualmie, WA
Zoning MU · permitted uses
MU · Snoqualmie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snoqualmie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
CENTRAL
Stories
2
Lot
3.5 ac
Current owner
From public records · entity-resolved
Northwest Dist Council Assembl
Individual
Mailing address
35131 SE DOUGLAS ST STE #200, SNOQUALMIE, WA 98065-9233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2003
$5,246,360
Northwest Dist Council Assembl
Snoqualmie Ridge Trailside LLC
Grant Deed
$9,505,200 · Assemblies Of God Fin'l Svcs
Jun 7, 2000
$1,411,281
Ridge Trail Side Snoqualmie
Snoqualmie Ridge Business LLC
Grant Deed
related
—
Apr 13, 1999
$1,045,731
Inception Group LLC
Snoqualmie Ridge Business Park
Grant Deed
$4,375,000 · Washington Capital Joint Maste
—
—
Northwest Ministry Network
—
Deed Of Trust
related
$4,250,000 · Ironstone Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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