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Property profile & analytics
OFF-MARKET
Commercial real estate
5525 Freeland Ave Freeland, WA 98249
Entity Owned
11-yr Hold
Free & Clear
Property ID
US90-0387395
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
9,947 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RC
APN
R22910-100-4120
UPID
US90-0387395
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
-
Roth Construction Corporate Office
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
5525 LLC · 11 yrs held
5525 LLC
since 2015
5 recorded transactions
Zoning & alternative use
RC · Freeland, 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 Freeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeland 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
Property tax & assessments
Assessed value
$780,896
Assessed 2023
Previous assessed
$635,868
+22.8% YoY
Assessed land
$203,861
Assessed improvement
$577,035
Land market value
$203,861
Improvement market value
$577,035
Total market value
$780,896
Applied tax rate
760.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
9,947 SF
Lot
0.78 ac (33,977 SF)
Zoning code
RC
APN
R22910-100-4120
UPID
US90-0387395
Jurisdiction
ISLAND
Zoning & alternative use
RC · Freeland, WAZoning RC · permitted uses
RC · Freeland, 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
2006
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
5525 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3541 SARATOGA RD, LANGLEY, WA 98260-8027
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2015
—
5525 LLC
Shapiro Family LLC
Grant Deed
—
Jan 11, 2010
$725,000
Shapiro Family LLC
Solaris Development Corporation
Warranty Deed
$500,700 · Us Bank NA
Nov 17, 2005
—
Solaris Dev Corp
—
Trustees Deed
related
$418,500 · Whidbey Island Bank
Nov 14, 2005
—
Solaris Dev
Belle,maureen
Quit Claim Deed
related
—
Aug 10, 2004
$180,500
Maureen L Belle
Bowen,richard G & Kathleen A
Warranty Deed
$145,500 · Richard G & Kathleen A Bowen
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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