Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Retail space
514 State Ave Marysville, WA 98270-4541
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0060728
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1934
Construction
WOOD
Total area
13,913 SF
Lot
0.41 ac (17,860 SF)
Zoning code
ML
APN
528701100500
UPID
US90-0060728
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
-
Krazy Snackz y Antojitos Restaurant
-
The Massage Cabana Alternative Medicine Practice Spa & Massage Center
-
Suede Beauty Bar, LLC Hair Salon Nail Salon
-
Your Beauty Lounge Hair Salon Nail Salon
-
Hair by Analia Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$975k
Owner & transaction history
Imm Properties LLC · 5 yrs held
Imm Properties LLC
since 2021
Last sale
$940,000
7 recorded transactions
Zoning & alternative use
ML · Marysville, 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 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
$1,090,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $940k (Jun 4 2021)
Last sale anchor
$940k
Jun 4 2021
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
$70 / 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
$10,982
Tax year 2023
Assessed value
$1,744,700
Assessed 2023
Previous assessed
$1,447,000
+20.6% YoY
Effective rate
0.63%
On assessed value
Assessed land
$506,300
Assessed improvement
$1,238,400
Land market value
$506,300
Improvement market value
$1,238,400
Total market value
$1,744,700
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
1934
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
13,913 SF
Lot
0.41 ac (17,860 SF)
Zoning code
ML
APN
528701100500
UPID
US90-0060728
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
ML · Marysville, WAZoning ML · permitted uses
ML · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1934
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Imm Properties LLC
Entity
Mailing address
MILL, CREEK, WA
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
—
Imm Properties LLC
Gurcharan K Dhaliwal
Quit Claim Deed
related
—
Apr 3, 2019
—
Gurcharan K Dhaliwal
—
Deed
related
$500,000 · Coastal Community Bank
Apr 22, 2014
$940,000
Gurcharan K Dhaliwal
Lanswel Dev Corp
Warranty Deed
—
Nov 16, 2004
$1,310,000
Lanswel Dev Corp
Parkplace Of Marysville LLC
Warranty Deed
$683,947 · Horizon Bank
Apr 24, 2002
—
Parkplace Of Marysville LLC
Maxfield,gary
Quit Claim Deed
related
—
Sep 25, 1997
$775,000
Gary G Maxfield
George,richard & Jean K
Grant Deed
$570,000 · Prime Pacific Bank
—
—
Parkplace Of Marysville LLC
—
Deed Of Trust
related
$664,000 · Frontier 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 514 State Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
