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Property profile

5931 238Th St SE Woodinville, WA 98072

FOR LEASE
Outlet malls
Property ID
US90-1431134
1,920 SF 1.79 ac lot Built 1996
Last sale Dec 2016 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
5931 238Th St SE, Woodinville, WA 98072 For Lease
Contact for pricing 10,690 SF available
5931 238Th St SE, Woodinville, WA 98072
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Property summary

AI-generated overview

The property includes approximately one acre of secured exterior yard space and a 1,500-square-foot shop building, along with an additional storage shed. The shop building contains about 1,350 square feet of air-conditioned office space, with the remaining area configured as shop and associated uses. The site is designed for secure outdoor storage and light commercial/industrial activity that benefits from an office component and supplemental outbuilding storage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$2.46M
Assessed land$2.37M
Assessed improvement$96k
Effective rate0.89%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$545k
CAP approach$415k
NOI build-up
Gross scheduled income$167k
Vacancy & credit loss−$13k
Operating expenses−$46k
NOI · 32,579,696.97% cap applied$108k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489
Qualifying comparables8

Cap rate analysis

How does the asset earn?
32,579,696.97%
$108k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.8
Restaurant15.2
Dental Office15.2

Location

5931 238Th St SE Woodinville, WA 98072
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24100 Snohomish Woodinville, Woodinville, WA 98072 $10,000,000 May 2024 148,582 SF
6430 240th SE, Woodinville, WA 98072-9704 $8,550,000 Sep 2021 2,400 SF
8407 Maltby, Woodinville, WA 98072-8020 $1,373,740 Sep 2020 2,016 SF
21624 87th SE, Woodinville, WA 98072-8017 $920,000 May 2020 1,248 SF
7303 Bostian, Woodinville, WA 98072-6016 $3,000,000 Dec 2019 14,612 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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