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Property profile & analytics
FOR SALE
Individual retail properties
605 Main St Edmonds, WA 98020
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0077234
No photos on file
For Sale
$1,370,000
605 Main St, Edmonds, WA 98020
View Listing →
Property profile
Verified
Property type
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bridgette Desouza Electrical Supply Store Building Supply Electrical Service
-
Sonia Sterling Electrical Supply Store Building Supply Electrical Service
-
The Cline Company Interior Design Home Decor Store
-
Nadia Warburton Electrical Supply Store Building Supply Electrical Service
-
Natasha Parkinson Electrical Supply Store Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Gbh Holdings LLC · 5 yrs held
Gbh Holdings LLC
since 2021
Last sale
$812,000
2 recorded transactions
Zoning & alternative use
E0 · Edmonds, 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 Edmonds submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmonds 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
$945,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $812k (Jul 1 2021)
Last sale anchor
$812k
Jul 1 2021
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
$1,376 / 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
$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
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
For Sale
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, WA
Zoning E0 · permitted uses
E0 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edmonds. Always verify with local authorities before improvements.
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
Current owner
From public records · entity-resolved
Gbh Holdings LLC
Entity
Mailing address
PO BOX 1389, EDMONDS, WA 98020-1389
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
$812,000
Gbh Holdings LLC
Douglas B Paige
Warranty Deed
$558,750 · Coastal Community Bank
Jul 1, 2003
$200,000
Douglas B Paige
Linde,patricia L
Grant Deed
$150,000 · Washington Mutual Fsb
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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