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Property profile & analytics
OFF-MARKET
Estimated value
$3,510,000
Industrial properties
4606 107th SW St Mukilteo, WA 98275-4706
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0831183
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
28,604 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IP
APN
715100005300
UPID
US90-0831183
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
-
HD Pacific, Inc. Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.51M
Owner & transaction history
Emj Dev LLC · 17 yrs held
Emj Dev LLC
since 2009
7 recorded transactions
Zoning & alternative use
IP · Mukilteo, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district IP is to promote Industrial Park uses.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
210.19 ac
Source
Realmo
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%
$4,630,000
6.5%
$4,275,000
7%
$3,970,000
Blend value · Realmo final
$3.51M
Range $3.16M – $3.86M · ±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
$123 / 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
$35,356
Tax year 2023
Assessed value
$4,910,000
Assessed 2023
Previous assessed
$4,633,800
+6.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$1,146,300
Assessed improvement
$3,763,700
Land market value
$1,146,300
Improvement market value
$3,763,700
Total market value
$4,910,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Total area
28,604 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IP
APN
715100005300
UPID
US90-0831183
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IP · Mukilteo, WAZoning IP · permitted uses
IP · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district IP is to promote Industrial Park uses.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
210.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
1.51 ac
Current owner
From public records · entity-resolved
Emj Dev LLC
Entity
Mailing address
4606 107TH ST SW, MUKILTEO, WA 98275-4706
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
—
Emj Development LLC
—
Deed
related
$3,000,000 · Bank Of America NA
Dec 27, 2017
—
Emj Dev LLC
—
Deed
related
$1,600,000 · Bank Of America
Apr 15, 2009
$3,425,000
Emj Dev LLC
Electroimpact INC
Warranty Deed
$2,720,000 · Bank Of America
Feb 2, 1994
$161,000
Electroimpact INC
Engelcke,john M
Grant Deed
$1,250,000 · Money Store Investment Corp
Apr 1, 1989
$1,248,233
John H Engelcke
Unknown
Grant Deed
—
—
—
Electroimpact
—
Deed Of Trust
related
$702,963 · Cascade Bank
—
—
Emj Dev LLC
—
Deed Of Trust
related
$1,600,000 · Bank Of America
—
—
Electroimpact INC
—
Deed Of Trust
related
$1,000,000 · Sandie G Zieve
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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