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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Warehouses
602 Maple Ave Snohomish, WA 98290-2589
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-0788293
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Construction
WOOD
Total area
10,491 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RG
APN
28061800200200
UPID
US90-0788293
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
-
Snohomish Mini-Storage Storage Facility
-
Intellian Technologies USA Telecommunications Service
-
Awakenings Hypnotherapy Alternative Medicine Practice
-
Anne M. Dottai, MS Physician
-
Snohomish County Music School Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
North Co Leasing LLC · 19 yrs held
North Co Leasing LLC
since 2006
6 recorded transactions
Zoning & alternative use
RG · Snohomish, WA
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,760,000
7%
$1,635,000
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10%
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
$161 / 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
$22,636
Tax year 2023
Assessed value
$2,583,000
Assessed 2023
Previous assessed
$2,431,000
+6.3% YoY
Effective rate
0.88%
On assessed value
Assessed land
$842,200
Assessed improvement
$1,740,800
Land market value
$842,200
Improvement market value
$1,740,800
Total market value
$2,583,000
Applied tax rate
735.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Rooms
1
Total area
10,491 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RG
APN
28061800200200
UPID
US90-0788293
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RG · Snohomish, WAZoning RG · permitted uses
RG · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ord 2296 Development Code
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
North Co Leasing LLC
Entity
Mailing address
602 MAPLE AVE STE A, SNOHOMISH, WA 98290-2591
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
North Co Leasing LLC
—
Deed
related
$704,313 · Us Bank NA
Nov 30, 2006
—
North Co Leasing LLC
Behla,carl H & Suzanne
Quit Claim Deed
related
$1,800,000 · First Mutual Bank
Jan 6, 2006
—
Carl H Behla
Behla,carl H
Quit Claim Deed
related
—
Jan 6, 2006
$2,300,000
Carl H Behla
Smoots Homes INC
Warranty Deed
$1,437,607 · Smoots INC
Jun 1, 1991
$150,709
Smoots Homes INC
Unknown
Grant Deed
$280,318 · Everett Mutual Savings Bank
—
—
Smoots INC
—
Deed Of Trust
related
$100,000 · 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.
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