6202 213th SW Pl Mountlake Terrace, WA 98043
LI/OP) district lying north of 220th Street Southwest, as depicted on the Official Zoning Map as "S.O.A.B.", in addition to the zoning regulations specified in the underlying zone (LI/OP), in order to designate where sexually oriented adult businesses/adult entertainment establishments may locate in the City. The purpose and intent of this overlay zone distr…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
LI/OP · Mountlake Terrace, WALI/OP) district lying north of 220th Street Southwest, as depicted on the Official Zoning Map as "S.O.A.B.", in addition to the zoning regulations specified in the underlying zone (LI/OP), in order to designate where sexually oriented adult businesses/adult entertainment establishments may locate in the City. The purpose and intent of this overlay zone district is to consolidate the location of sexually oriented adult businesses/ adult entertainment establishments so that the secondary effects of such uses will be concentrated in a specific area of the City to facilitate more effective law enforcement and regulation of such uses and provide buffer requirements which will minimize the secondary impacts from these businesses upon other properties in their vicinity and protect the general health, safety and welfare of the community. Sexually oriented adult businesses/adult entertainment establishments are normally associated with adverse secondary impacts, including prostitution, drug activities, and other unlawful conduct and therefore the City is making all reasonable efforts to minimize such negative effects through this overlay zone district approach. ( Ord. 2074
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.