4503 83rd SE Ave Snohomish, WA 98290-5206
development within Title 14 SMC in the BP and MU designations. No administrative development plan shall be required for construction of one single family home on one lot, where permitted. In each instance where the approval of an administrative development plan is required, specific issues are noted that must be addressed as part of the approval and will be…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
BP · Snohomish, WAdevelopment within Title 14 SMC in the BP and MU designations. No administrative development plan shall be required for construction of one single family home on one lot, where permitted. In each instance where the approval of an administrative development plan is required, specific issues are noted that must be addressed as part of the approval and will be discussed in the staff report and included in the recommended action. B. Recorded development plans shall have the same purpose, process (Type 5 or 6 permit depending on whether the action is SEPA-exempt), and criteria as conditional use permits except that recorded development plans, upon approval, shall be recorded in the same manner as subdivision in order to assure that the development plan will be implemented. A recorded development plan is required for several types of development within Title 14 SMC in the Airport Industry designation. In each instance where the approval of a recorded development plan is required, specific issues are noted that must be addressed as part of the approval and will be discussed in the staff report and included in the recommended action. (Ord. 2111, 2006; Ord. 2296, 2016)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.