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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Office buildings
38579 Riv St Snoqualmie, WA 98065-5155
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-3327778
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
WOOD
Total area
6,005 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BR2
APN
784920-2655
UPID
US90-3327778
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
-
Shield Driving Academy Training Center Vocational School
-
Pleasants Law Firm, P.S. Law Firm
-
Simplicity Nutrition Physician
-
Mt Si Counseling Services Family Counselor Psychologist
-
Jo A. Deevey, MD Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.09M
Owner & transaction history
River Street Offices LLC · 19 yrs held
River Street Offices LLC
since 2007
7 recorded transactions
Zoning & alternative use
BR2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$181 / 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
$24,895
Tax year 2022
Assessed value
$1,291,700
Assessed 2022
Previous assessed
$1,291,700
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$135,000
Assessed improvement
$1,156,700
Land market value
$135,000
Improvement market value
$1,156,700
Total market value
$1,291,700
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
Off-Market
Year built
2003
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
6,005 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BR2
APN
784920-2655
UPID
US90-3327778
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BR2 · Snoqualmie, WA
Zoning BR2 · permitted uses
BR2 · 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
2003
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
River Street Offices LLC
Entity
Mailing address
549 227TH LN NE, SAMMAMISH, WA 98074-7141
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2021
—
River Street Offices LLC
—
Deed
related
$750,000 · Bay Commercial Bank
Jun 14, 2007
$1,015,000
River Street Offices LLC
Lsi Venture LLC
Warranty Deed
$991,763 · Foundation Bank
Sep 25, 2001
—
Mtj Venture LLC
Judge,thomas V & Mary L
Quit Claim Deed
related
—
Dec 29, 2000
$220,000
Thomas V Judge
Henson,william L
Grant Deed
—
Jun 14, 1990
$1,865,000
William L Henson JR.
Rank
Grant Deed
$149,200 · Seller
—
—
River Street Offices LLC
—
Deed Of Trust
related
$740,000 · Salal Cu
—
—
Mtj Venture LLC
—
Deed Of Trust
related
$600,000 · Redmond National Bank
—
—
Mtj Venture LLC
—
Deed Of Trust
related
$55,000 · Redmond National Bank
—
—
Thomas V Judge
—
Deed Of Trust
related
$50,000 · Bank Of America
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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