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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Outlet malls
5715 Gilkey Ave Bow, WA 98232-9203
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0382770
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1900
Total area
7,506 SF
Lot
0.48 ac (20,909 SF)
APN
4099-003-009-0009
UPID
US90-0382770
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
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Trramar LLC · 5 yrs held
Trramar LLC
since 2021
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 Bow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bow 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
$87 / 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
$4,187
Tax year 2022
Assessed value
$464,200
Assessed 2021
Previous assessed
$464,200
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$93,900
Assessed improvement
$370,300
Land market value
$93,900
Improvement market value
$370,300
Total market value
$464,200
Applied tax rate
1,140.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1900
Heating
NONE
Total area
7,506 SF
Lot
0.48 ac (20,909 SF)
APN
4099-003-009-0009
UPID
US90-0382770
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
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.48 ac
Current owner
From public records · entity-resolved
Trramar LLC
Entity
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
North Edison Proeprtis LLC
—
Deed
related
$357,150 · Columbia State Bank
Apr 30, 2021
—
Trramar LLC
Edison Investments LLC
Lease
—
Dec 31, 2018
—
Edison Investments LLC
—
Grant Deed
related
$2,712,106 · Savibank
Jan 31, 2018
$990,000
Edison Investments LLC
Jjm Bow LLC
Warranty Deed
$679,000 · Skagit Bk
Oct 14, 2004
$300,000
Jjm Bow LLC
Whidbey Island Bank
Grant Deed
$258,913 · Whidbey Island Bank
Jul 26, 2004
$303,081
Whidbey Island Bank
Berry,tony & Shelley
Trustees Deed
related
—
—
—
Jjm Bow LLC
—
Deed Of Trust
related
$46,821 · Skagit County (wa)
—
—
Jjm Bow LLC
—
Deed Of Trust
related
$46,821 · Miscellaneous Govt Agcy
—
—
North Edison Properties LLC
—
Deed Of Trust
related
$375,000 · Jjm Bow LLC
—
—
Tony D Berry
—
Deed Of Trust
related
$175,000 · Whidbey Island Bank
—
—
Tony D Berry
—
Deed Of Trust
related
$381,949 · Whidbey Island 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
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