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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
4420 106th SW St Mukilteo, WA 98275-4700
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1196323
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Construction
WOOD
Total area
3,076 SF
Lot
0.33 ac (14,375 SF)
Zoning code
PCB(S)
APN
28042100100900
UPID
US90-1196323
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
-
Stellar Kids Dentistry Mukilteo Dental Office
-
Emily M. Chambers, DPT Physician
-
Dr. Sonu Lamba Dental Office
-
Dr. Harlyn Susarla Dental Office
-
Dr. Caroline Shaw Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Lamba Properties LLC · 13 yrs held
Lamba Properties LLC
since 2013
7 recorded transactions
Zoning & alternative use
PCB(S) · Mukilteo, 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 Mukilteo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mukilteo 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%
$750,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,095,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$228 / 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
$7,677
Tax year 2023
Assessed value
$1,065,000
Assessed 2023
Previous assessed
$953,600
+11.7% YoY
Effective rate
0.72%
On assessed value
Assessed land
$299,000
Assessed improvement
$766,000
Land market value
$299,000
Improvement market value
$766,000
Total market value
$1,065,000
Applied tax rate
667.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
3,076 SF
Lot
0.33 ac (14,375 SF)
Zoning code
PCB(S)
APN
28042100100900
UPID
US90-1196323
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PCB(S) · Mukilteo, WA
Zoning PCB(S) · permitted uses
PCB(S) · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.1M
OFFICE BUILDING
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
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Lamba Properties LLC
Entity
Mailing address
5902 116TH CT SW, MUKILTEO, WA 98275-4880
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2017
—
Lamba Properties LLC
—
Deed
related
$657,937 · Us Bank NA
Mar 29, 2013
$900,000
Lamba Properties LLC
Market Street Enterprises LLC
Warranty Deed
$765,000 · Us Bank NA
Oct 29, 2004
$750,000
Market Street Ents LLC
Alaska Appraisal Assocs INC
Warranty Deed
$600,000 · Peoples Bank & Trust
Feb 18, 1999
$480,000
Alaska Appraisal Associates
Harbor Associates II
Grant Deed
—
May 1, 1989
$58,000
Weaver Development
Unknown
Grant Deed
$31,900 · City Bank
—
—
Alaska Appraisal Associates
—
Deed Of Trust
related
$360,000 · First Mutual Savings Bank
—
—
Market Street Ents LLC
—
Deed Of Trust
related
$553,185 · Banner Bank
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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