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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
510 Maple Ave Snohomish, WA 98290-2530
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-3342445
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
WOOD
Total area
3,956 SF
Lot
0.15 ac (6,534 SF)
Zoning code
RG
APN
28061800201400
UPID
US90-3342445
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$510k
Owner & transaction history
North Co Leasing LLC · 18 yrs held
North Co Leasing LLC
since 2007
4 recorded transactions
Zoning & alternative use
RG · Snohomish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
$330,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$129 / 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
$3,216
Tax year 2023
Assessed value
$366,000
Assessed 2023
Previous assessed
$328,000
+11.6% YoY
Effective rate
0.88%
On assessed value
Assessed land
$308,000
Assessed improvement
$58,000
Land market value
$308,000
Improvement market value
$58,000
Total market value
$366,000
Applied tax rate
735.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Units
1
Rooms
1
Bathrooms
1
Total area
3,956 SF
Lot
0.15 ac (6,534 SF)
Zoning code
RG
APN
28061800201400
UPID
US90-3342445
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RG · Snohomish, WA
Zoning RG · permitted uses
RG · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snohomish. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
1
Rooms
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
North Co Leasing LLC
Entity
Mailing address
602 MAPLE AVE STE A, SNOHOMISH, WA 98290-2591
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2007
$312,000
North Co Leasing LLC
Smoots Homes INC
Warranty Deed
$100,000 · Smoots INC
—
—
Smoots INC
—
Deed Of Trust
related
$36,307 · First Heritage Bank
—
—
Smoots Homes INC
—
Deed Of Trust
related
$152,036 · Frontier Bank
—
—
North Co Leasing LLC
—
Deed Of Trust
related
$750,700 · Seacoast Commerce 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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