Technical
Financial
Distress signals
Property profile

500 Fremont St Monroe, WA 98272

OFF-MARKET
Apartment buildings
Property ID
US90-2589206
30,282 SF 8.76 ac lot Built 2020
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2020
Construction WOOD
Total area 30,282 SF
Lot 8.76 ac (381,586 SF)
Zoning code DC
APN 27070600300500
UPID US90-2589206

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Home Appliance Store
  • Apartment Building
  • Apartment Building

Location

500 Fremont St Monroe, WA 98272-2363
Monroe metro Census 52210 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M

Owner & transaction history

since 2019
7 recorded transactions
2019
$1.6M
2014
Price N/A
2004
$650,000
2004
Price N/A
1990
$180,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DC · Monroe, WA
Zoning description

The purpose of the downtown commercial zone is to integrate civic, commercial, entertainment, cultural, and residential uses and increase economic and urban activity levels within the zone. Development standards or guide…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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