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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Automotive properties
511 Suzanne Ln Mount Vernon, WA 98273-5102
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3282196
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2015
Total area
10,368 SF
Lot
1.98 ac (86,249 SF)
APN
8040-000-008-0000
UPID
US90-3282196
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.78M
Owner & transaction history
Suzanne Lane Coml Center LLC · 11 yrs held
Suzanne Lane Coml Center LLC
since 2015
7 recorded transactions
Zoning & alternative use
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,500,000
Current use
RESTAURANT
$2,185,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±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
$171 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$27,903
Tax year 2022
Assessed value
$2,154,100
Assessed 2021
Previous assessed
$2,154,100
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$687,800
Assessed improvement
$1,466,300
Land market value
$687,800
Improvement market value
$1,466,300
Total market value
$2,154,100
Applied tax rate
934.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2015
Heating
NONE
Total area
10,368 SF
Lot
1.98 ac (86,249 SF)
APN
8040-000-008-0000
UPID
US90-3282196
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
2015
Heating
NONE
Lot
1.98 ac
Current owner
From public records · entity-resolved
Suzanne Lane Coml Center LLC
Entity
Mailing address
101 N SUNSET DR, CAMANO ISLAND, WA 98282-8643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2019
—
Suzanne Lane Coml Ctr LLC
—
Deed
related
$1,000,000 · Heritage Bk
Feb 13, 2019
—
Suzanne Lane Coml Ctr LLC
—
Deed
related
$190,968 · Heritage Bk
Nov 14, 2018
—
Suzanne Lane Coml Ctr LLC
—
Deed
related
$118,500 · Heritage Bk
Aug 1, 2018
—
Suzanne Lane Coml Ctr LLC
—
Deed
related
$189,483 · Heritage Bk
Apr 14, 2017
—
Suzanne Lane Coml Center LLC
—
Trustees Deed
related
$714,000 · Heritage Bk
Aug 24, 2016
—
Suzanne Lane Coml Center LLC
—
Deed
related
$450,000 · Heritage Bk
Mar 9, 2015
—
Suzanne Lane Coml Center LLC
Little Thomas A
Quit Claim Deed
related
—
Sep 8, 2014
—
Little,thomas A
—
Trustees Deed
related
$1,630,000 · Heritage Bk
Feb 28, 2003
$1,000,000
Thomas A Little
Colco LLC
Grant Deed
$600,000 · Whidbey Island Bank
—
—
Suzanne Lane Coml Ctr LLC
—
Deed Of Trust
related
$1,000,000 · Heritage Bk
—
—
Suzanne Lane Coml Ctr LLC
—
Deed Of Trust
related
$118,500 · Heritage Bk
—
—
Suzanne Lane Coml Ctr LLC
—
Deed Of Trust
related
$190,968 · Heritage Bk
—
—
Little,thomas A
—
Deed Of Trust
related
$654,000 · Whidbey Island Bank
—
—
Suzanne Lane Coml Center LLC
—
Deed Of Trust
related
$450,000 · Heritage Bk
—
—
Suzanne Lane Coml Ctr LLC
—
Deed Of Trust
related
$189,483 · Heritage Bk
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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