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Property profile & analytics
OFF-MARKET
Medical Office Space
38700 Riv St, Snoqualmie, WA 98065-5154
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1525144
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Construction
WOOD
Total area
3,540 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BR2
APN
784920-1545
UPID
US90-1525144
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
-
RiverTree Dental Dental Office
-
Andrew P. Davis, M.D. Ophthalmologist
-
Dr. Maurice Doerfler, MD Pediatrician Physician
-
Dr. Mary E. Lambe, MD Pediatrician Physician
-
Snoqualmie Valley Clinic 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
by Request
Owner & transaction history
Echo Ridge Prop INC · 14 yrs held
Echo Ridge Prop INC
since 2011
Last sale
$2.4M
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,863
Tax year 2022
Assessed value
$1,014,100
Assessed 2022
Previous assessed
$1,014,100
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$135,000
Assessed improvement
$879,100
Land market value
$135,000
Improvement market value
$879,100
Total market value
$1,014,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,540 SF
Lot
0.21 ac (9,000 SF)
Zoning code
BR2
APN
784920-1545
UPID
US90-1525144
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
2011
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Echo Ridge Prop INC
Entity
Mailing address
PO BOX 996, SNOQUALMIE, WA 98065-0996
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2011
—
Echo Ridge Prop INC
William B Whitaker
Quit Claim Deed
related
$250,000 · Us Bank NA
Apr 19, 2001
—
Robert P Whitaker
Hori-whitaker,eileen
Quit Claim Deed
related
—
Oct 1, 1997
$450,000
William B Whitaker
Whitaker,john L
Grant Deed
related
$146,190 · Individual
—
—
Echo Ridge Properties INC
—
Deed Of Trust
related
$100,000 · Us Bank NA
—
—
Echo Ridge Properties INC
—
Deed Of Trust
related
$250,000 · Us Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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