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Property profile & analytics
OFF-MARKET
Estimated value
$33,125,000
Warehouses
3600 156th NE St Marysville, WA 98271-5905
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-3292336
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
TYPE NOT SPECIFIED
Total area
119,510 SF
Lot
2.16 ac (94,090 SF)
APN
31053300206500
UPID
US90-3292336
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
-
Trojan Storage of Marysville Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.07M
Comparable Approach
Comparable
$38.81M
Blend (final)
Blend
$33.13M
Owner & transaction history
Hs Marysville Storage LLC · 3 yrs held
Hs Marysville Storage LLC
since 2022
Last sale
$33.5M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$49.4M
+43.2%
Auto repair, garage
$48.8M
+41.5%
Medical building
$46.7M
+35.2%
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$33,200,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,740,000
6.5%
$20,065,000
7%
$18,635,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$34,515,000
Current use
APARTMENT HOUSE (5+ UNITS)
$49,425,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$48,820,000
Change: +41% · Conversion: Easy
MEDICAL BUILDING
$46,660,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$42,380,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$36,230,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$30,310,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$33.13M
Range $29.81M – $36.44M · ±10% · vs last sale $33.47M (Jul 20 2022)
Last sale anchor
$33.47M
Jul 20 2022
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
$277 / 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
$123,400
Tax year 2023
Assessed value
$15,536,000
Assessed 2023
Previous assessed
$14,142,000
+9.9% YoY
Effective rate
0.79%
On assessed value
Assessed land
$1,620,000
Assessed improvement
$13,916,000
Land market value
$1,620,000
Improvement market value
$13,916,000
Total market value
$15,536,000
Applied tax rate
514.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
3
Total area
119,510 SF
Lot
2.16 ac (94,090 SF)
APN
31053300206500
UPID
US90-3292336
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$34.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$49.4M
AUTO REPAIR, GARAGE
Est. value
$48.8M
MEDICAL BUILDING
Est. value
$46.7M
OFFICE BUILDING
Est. value
$42.4M
COMMERCIAL (GENERAL)
Est. value
$36.2M
INDUSTRIAL (GENERAL)
Est. value
$30.3M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
3
Lot
2.16 ac
Current owner
From public records · entity-resolved
Hs Marysville Storage LLC
Entity
Free & Clear · 3 yrs held
Mailing address
444 W LK ST STE #2100, CHICAGO, IL 60606-0069
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
$33,470,000
Hs Marysville Storage LLC
Wa Marysville Self Storage LLC
Special Warranty 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.
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