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Property profile & analytics
OFF-MARKET
Estimated value
$9,255,000
Office buildings
6120 29th NE Dr Tulalip, WA 98271-7446
Entity Owned
19-yr Hold
Free & Clear
Property ID
US90-1381109
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1980
Construction
WOOD
Total area
58,905 SF
Lot
5.52 ac (240,451 SF)
Zoning code
SA
APN
30052900400800
UPID
US90-1381109
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
-
National Barricade - Marysville Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.26M
Owner & transaction history
Jmh Properties · 19 yrs held
Jmh Properties
since 2007
3 recorded transactions
Zoning & alternative use
SA · Tulalip, 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 Tulalip submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulalip 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
$157 / 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
$26,653
Tax year 2023
Assessed value
$4,516,500
Assessed 2023
Previous assessed
$4,325,000
+4.4% YoY
Effective rate
0.59%
On assessed value
Assessed land
$1,551,300
Assessed improvement
$2,965,200
Land market value
$1,551,300
Improvement market value
$2,965,200
Total market value
$4,516,500
Applied tax rate
1,235.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
2
Total area
58,905 SF
Lot
5.52 ac (240,451 SF)
Zoning code
SA
APN
30052900400800
UPID
US90-1381109
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SA · Tulalip, WA
Zoning SA · permitted uses
SA · Tulalip, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulalip. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
5.52 ac
Current owner
From public records · entity-resolved
Jmh Properties
Entity
Free & Clear · 19 yrs held
Mailing address
6518 RAVENNA AVE NE, SEATTLE, WA 98115-7041
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2007
—
Jmh Properties
Haugen J & V Living Trust
Quit Claim Deed
related
—
Jun 26, 2007
$3,750,000
Bryson Properties LLC
Jmh Properties
Warranty Deed
$3,187,500 · Bank Of America
Oct 1, 1992
$1,330,000
Jmh Properties
Unknown
Grant Deed
—
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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