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Property profile & analytics
OFF-MARKET
Retail space
5406 232nd SW St Mountlake Terrace, WA 98043-4736
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1593654
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
WOOD
Total area
924 SF
Lot
0.21 ac (9,148 SF)
Zoning code
P1
APN
521000200100
UPID
US90-1593654
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
-
Advanced Mobility Freight Service Logistics Company
-
Birdsong Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Annis Nakour · 14 yrs held
Annis Nakour
since 2012
7 recorded transactions
Zoning & alternative use
P1 · Mountlake Terrace, 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 Mountlake Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountlake Terrace 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,179
Tax year 2023
Assessed value
$577,300
Assessed 2023
Previous assessed
$483,300
+19.4% YoY
Effective rate
0.72%
On assessed value
Assessed land
$470,000
Assessed improvement
$107,300
Land market value
$470,000
Improvement market value
$107,300
Total market value
$577,300
Applied tax rate
610.0000
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
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
924 SF
Lot
0.21 ac (9,148 SF)
Zoning code
P1
APN
521000200100
UPID
US90-1593654
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
P1 · Mountlake Terrace, WA
Zoning P1 · permitted uses
P1 · Mountlake Terrace, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountlake Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Annis Nakour
Individual
Mailing address
6404 225TH PL SW, MOUNTLAKE TERRACE, WA 98043-2434
Ownership since
2012
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
Jun 13, 2012
$235,000
Annis Nakour
Jsw65 LLC
Warranty Deed
$188,000 · Mountain Pacific Bank
Jun 13, 2012
—
Bowen Co
Boco Properties LLC
Quit Claim Deed
related
—
Apr 6, 2012
$178,158
Jsw65 LLC
Bishop White Marshall & Weibel
Trustees Deed
related
—
Jun 2, 2006
—
Boco Properties LLC
Worthington,darin J & Cathy N
Warranty Deed
$286,200 · Horizon Bank
May 25, 2000
$168,000
Darin J Worthington
Darrow,todd A & Rachel L
Grant Deed
$159,600 · Seattle Savings Bank
Apr 14, 1994
$119,000
Rachel L Darrow
Snyder,douglas E
Grant Deed
$118,656 · Continental Savings Bank
Jun 1, 1991
$117,000
Douglas Snyder
Unknown
Grant Deed
$118,170 · Phoenix Mortgage & Investment
—
—
Boco Properties LLC
—
Deed Of Trust
related
$135,000 · Rural Housing & Community Dev
—
—
Annis Nakour
—
Deed Of Trust
related
$245,000 · Mountain Pacific Bank
—
—
Darin J Worthington
—
Deed Of Trust
related
$21,420 · E-loan INC
—
—
Darin J Worthington
—
Deed Of Trust
related
$26,400 · Ditech Com
—
—
Darin J Worthington
—
Deed Of Trust
related
$191,900 · Washington Mutual Home Loans
—
—
Darin J Worthington
—
Deed Of Trust
related
$180,000 · Mila INC
—
—
Darin J Worthington
—
Deed Of Trust
related
$45,000 · Mila INC
—
—
Rahcael L Darrow
—
Deed Of Trust
related
$115,850 · Washington Mutual Fsb
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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