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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Office buildings
5010 Grv St Marysville, WA 98270-4475
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0904114
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2001
Construction
WOOD
Total area
2,324 SF
Lot
0.31 ac (13,504 SF)
Zoning code
MU
APN
30052800100800
UPID
US90-0904114
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
-
Ginger Paterno NMLS 408754 Loan Service Bank
-
loanDepot Loan Service Bank
-
MAPS - Snohomish Mosque
-
Dan Bliven MNLS 78391 Loan Service Bank
-
Michele O. Paratte, Attorney Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.25M
Owner & transaction history
5010 Grove Street LLC · 2 yrs held
5010 Grove Street LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MU · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+15.2%
Medical building
$905,000
+10.1%
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
$1,300,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$825,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$905,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.24M (Aug 17 2023)
Last sale anchor
$1.24M
Aug 17 2023
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
$536 / 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
$6,097
Tax year 2023
Assessed value
$967,000
Assessed 2023
Previous assessed
$949,000
+1.9% YoY
Effective rate
0.63%
On assessed value
Assessed land
$345,600
Assessed improvement
$621,400
Land market value
$345,600
Improvement market value
$621,400
Total market value
$967,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
2,324 SF
Lot
0.31 ac (13,504 SF)
Zoning code
MU
APN
30052800100800
UPID
US90-0904114
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MU · Marysville, WA
Zoning MU · permitted uses
MU · 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
OFFICE BUILDING Current
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$950,000
MEDICAL BUILDING
Est. value
$905,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL 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
2001
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
5010 Grove Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
17550 NE 67TH CT, REDMOND, WA 98052-4939
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
$1,240,000
5010 Grove Street LLC
Thompson Family Holdings LLC
Warranty Deed
—
Jan 29, 2021
$750,000
Th
Shelter Ian G M C Trust
Warranty Deed
—
Apr 25, 2011
—
Millikan Credit Shelter Trust
Millikan Ian G
Quit Claim Deed
related
—
Oct 22, 2009
—
Millikan Ian G Trust
Millikan,victoria L
Quit Claim Deed
related
—
Oct 15, 2009
—
Millikan Ian G Trust
Millikan Ian G
Quit Claim Deed
related
—
Sep 14, 2000
—
Ian Millikan
Seas INC
Quit Claim Deed
related
—
Mar 21, 1997
$81,950
Heather J Mcrae
Dever,robert P & Yolande M
Grant Deed
$96,050 · Continental Savings Bank
Oct 1, 1988
$87,500
Robert P Dever
Unknown
Grant Deed
$27,125
—
—
Robert P Dever
—
Deed Of Trust
related
$15,000 · Individual
—
—
Seas INC
—
Deed Of Trust
related
—
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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