Financial
Distress signals
Property profile

403 Granite Ave Granite Falls, WA 98252

OFF-MARKET
Medical Office Space
Property ID
US90-1745978
3,104 SF 0.38 ac lot Built 1967
Last sale Mar 1994 · $150,000
Individually Owned Owner of record is an individual. 30-yr Hold Held for 30 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-tenant, 3,104-square-foot medical office building is situated in Granite Falls' vibrant Downtown Business District. The property features two office suites, a shared waiting room, and ample parking both on-site and on the street. Built in 1967 and boasting a new roof (2021), this Class C building sits on a 0.38-acre lot encompassing two tax parcels (APN: 00794700000200, 00794700000100) in Snohomish County. The space is zoned CBD and offers excellent potential for various medical

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$555k
Assessed land$303k
Assessed improvement$251k
Effective rate0.89%

Value estimate

· Sep 2026
$310k
$279k – $341k
CAP approach$700k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$390/SF
County average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$302 – $521

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?
I0
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand index
Plumbing Service8.8
Nail Salon8.6
Furniture Store8.5

Location

403 Granite Ave Granite Falls, WA 98252-8474
County assessor Recorded deeds · 2 transfers Comp sales · not on file 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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