Entity Owned Property summary
AI-generated overview
The property is a commercial building located on Main Street in Edmonds, within the city’s commercial corridor and positioned for pedestrian activity associated with the Farmer’s Market, festivals and events, and the Edmonds–Kingston ferry. The interior features hardwood flooring, a functional kitchenette, and an ADA-compliant restroom. A rear deck is accessed from the building, and the site includes an oversized loading zone located in the back alley. The configuration supports use by either owner-users or investors.
Property profile
Verified
Property type
Other individual retail properties
Use group
BARBER, HAIR SALON
Year built
1915
Construction
WOOD
Total area
636 SF
Lot
0.07 ac (3,049 SF)
Zoning code
E0
APN
434209803900
UPID
US90-0077234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply Electrical Service
-
Building Supply Electrical Service
-
Interior Design Home Decor Store
-
Building Supply Electrical Service
-
Building Supply Electrical Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
since 2021
Last sale
$812,000
2 recorded transactions
Zoning & alternative use
E0 · Edmonds, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$945k
Value range
$851k – $1.04M
±10% around blend
Estimated value / SF
$1,486 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$851k
blend $945k
$1.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
636 SF
Lot area
0.07 ac
Year built
1915
Stories
1
APN
434209803900
Zoning
E0
Assessed value
$714,000
Annual tax
$4,902
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$945k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 32 sales
$406
+266%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,486/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$812k
Move the market yield to see immediate price impact.
Value / SF
$1,277
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$51k
$1.02M
$731k
$568k
$57k
$1.14M
$812k
$632k
$63k
$1.25M
$893k
$695k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,902
Tax year 2023
Assessed value
$714,000
Assessed 2023
Previous assessed
$605,800
+17.9% YoY
Effective rate
0.69%
On assessed value
Assessed land
$582,000
Assessed improvement
$132,000
Land market value
$582,000
Improvement market value
$132,000
Total market value
$714,000
Applied tax rate
210.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
636 SF
Lot
0.07 ac (3,049 SF)
Zoning code
E0
APN
434209803900
UPID
US90-0077234
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
E0 · Edmonds, WAZoning E0 · permitted uses
E0 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
E0
Jurisdiction
Edmonds, WA
Recorded code
E0
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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