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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Retail space
4716 61st NE St Marysville, WA 98270-5713
Individually Owned
4-yr Hold
Free & Clear
Property ID
US90-0832642
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1913
Construction
WOOD
Total area
2,552 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MJ
APN
30052800400100
UPID
US90-0832642
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
-
Bridgeways Clubhouse Crisis Center Medical Clinic
-
Comprehensive Risk Management Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$891k
Blend (final)
Blend
$845k
Owner & transaction history
Bridgeways · 4 yrs held
Bridgeways
since 2022
Last sale
$855,000
5 recorded transactions
Zoning & alternative use
MJ · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+61.9%
Medical building
$995,000
+54.7%
Office building
$905,000
+40.5%
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
$850,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
RETAIL STORES
$645,000
Current use
AUTO REPAIR, GARAGE
$1,045,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$995,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: +41% · Conversion: Easy
COMMERCIAL (GENERAL)
$775,000
Change: +20% · Conversion: Easy
WAREHOUSE, STORAGE
$735,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $855k (Jun 23 2022)
Last sale anchor
$855k
Jun 23 2022
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
$331 / 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
$4,408
Tax year 2023
Assessed value
$737,100
Assessed 2023
Previous assessed
$550,000
+34.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$381,800
Assessed improvement
$355,300
Land market value
$381,800
Improvement market value
$355,300
Total market value
$737,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1913
Construction
WOOD
Heating
HOT WATER
Cooling
NONE
Stories
2
Rooms
6
Bathrooms
2
Total area
2,552 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MJ
APN
30052800400100
UPID
US90-0832642
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MJ · Marysville, WA
Zoning MJ · permitted uses
MJ · 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
RETAIL STORES Current
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$995,000
OFFICE BUILDING
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$735,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1913
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Bridgeways
Individual
Free & Clear · 4 yrs held
Mailing address
5801 23RD DR W STE #104, EVERETT, WA 98203-1587
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
—
Bridgeways Public Benefit
—
Deed
related
$500,000 · 1st Security Bank Of Washington
Jun 23, 2022
$855,000
Bridgeways
Crm Holdings LLC
Warranty Deed
—
Feb 28, 2013
$376,000
Crm Holdingds LLC
Wayne M Christianson
Re-recorded Document
related
$392,000 · Wells Fargo Bank NA
Aug 24, 2012
$376,000
Crm Holdings LLC
Wayne M Christianson
Warranty Deed
$392,000 · Wells Fargo Bank NA
Oct 16, 2007
$365,000
Wayne M Christianson
Baca William A
Warranty Deed
$292,000 · J P Morgan Chase 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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