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Financial
Distress signals
Property profile

3916 148th SE St Mill Creek, WA 98012

OFF-MARKET
Retail space
Property ID
US90-1703673
8,825 SF 1.54 ac lot Built 2006
Last sale Jan 2016 · $7,060,650
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Esplanade at Mill Creek is a 34,824-square-foot, multi-tenant neighborhood center anchored by Everett Clinic, incorporating a mix of retail, restaurant, and essential-use spaces. The center is located along Seattle Hill Road in Mill Creek, Washington, a major northeast/southwest connector providing access to SR 96 and SR 527, and includes parking facilities for tenant and customer use. The tenancy mix has included medical and health services, restaurants, financial services, personal care…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$2.63M
Assessed land$1.91M
Assessed improvement$717k
Effective rate0.94%

Value estimate

· Oct 2026
$1.37M
$1.23M – $1.51M
CAP approach$1.92M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PCB
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.4
Restaurant39.3
Law Firm32.0

Location

3916 148th SE St Mill Creek, WA 98012-4751
County assessor Recorded deeds · 9 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3226 132nd SE, Mill Creek, WA 98012-5666 $31,050,000 Feb 2025 17,300 SF
3322 132nd SE, Mill Creek, WA 98012-5654 $31,050,000 Feb 2025 50,352 SF
19525 Bothell Everett, Bothell, WA 98012-7116 $1,060,000 Jul 2021 3,890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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