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Property profile & analytics
OFF-MARKET
Estimated value
$10,060,000
Hotels
4070 116th NE St, Marysville, WA 98271-8420
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2396396
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2017
Construction
WOOD
Total area
54,309 SF
Lot
1.47 ac (64,033 SF)
Zoning code
M2
APN
30050900300700
UPID
US90-2396396
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
-
HoneyBadger Charging Station Electric Vehicle Charging Station
-
Home2 by Hilton Suites Marysville Hotel & Motel
-
Home2 Suites by Hilton Marysville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.29M
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$10.06M
Owner & transaction history
Ambleside Hotel Properties LLC · 5 yrs held
Ambleside Hotel Properties LLC
since 2020
Last sale
$1,000
7 recorded transactions
Zoning & alternative use
M2 · Marysville, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,810,000
6.5%
$6,285,000
7%
$5,835,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,465,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$15,685,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$10.06M
Range $9.05M – $11.07M · ±10% · vs last sale $1k (Sep 3 2020)
Last sale anchor
$1k
Sep 3 2020
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
$185 / 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
$100,840
Tax year 2023
Assessed value
$16,900,100
Assessed 2023
Previous assessed
$9,205,000
+83.6% YoY
Effective rate
0.60%
On assessed value
Assessed land
$894,100
Assessed improvement
$16,006,000
Land market value
$894,100
Improvement market value
$16,006,000
Total market value
$16,900,100
Applied tax rate
511.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
5
Total area
54,309 SF
Lot
1.47 ac (64,033 SF)
Zoning code
M2
APN
30050900300700
UPID
US90-2396396
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Marysville, WA
Zoning M2 · permitted uses
M2 · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$16.5M
WAREHOUSE, STORAGE
Est. value
$15.7M
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2017
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
5
Lot
1.47 ac
Current owner
From public records · entity-resolved
Ambleside Hotel Properties LLC
Entity
Mailing address
2135 112TH AVE NE, BELLEVUE, WA 98004-2923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2021
—
Ambleside Hotel Properties LLC
—
Deed
related
$8,500,000 · Coastal Community Bank
Sep 3, 2020
—
Ambleside Hotel Properties LLC
Washington Hotel Dev LP
Quit Claim Deed
related
—
Dec 27, 2018
—
Washington Hotel Dev LP
—
Deed
related
$1,952,383 · De Xiang Holding Ltd
Aug 24, 2018
—
Washington Hotel Dev LP
—
Deed
related
—
Dec 1, 2016
—
Marysville Home2suites By Hilton LP
—
Deed
related
$5,000,000 · Seattle Funding Group Ltd
Nov 15, 2016
—
Washington Hotel & Restaurant
Marysville Home 2 Suites By Hi
Quit Claim Deed
related
—
Jul 18, 2016
—
Marysville Home2 Suites
Washington Hotel & Restaurant
Quit Claim Deed
related
—
Aug 30, 2013
$1,000
North Point LLC
Zhongzhen USA Investment Ltd
Warranty Deed
—
May 15, 2013
$620,000
Zhongzhen USA Investment Ltd
Ross,vernon L & Carolyn A
Warranty Deed
—
Jul 19, 2006
$72,600
City Of Marysville
Ross,vernon L & Carolyn A
Warranty Deed
—
—
—
Washington Hotel Dev LP
—
Deed Of Trust
related
$1,952,383 · De Xiang Holding Ltd
—
—
Zhongzhen USA Investment Ltd
—
Deed Of Trust
related
$200,000 · Huy Phung
—
—
Washington Hotel Dev LP
—
Deed Of Trust
related
—
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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