Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6206 188th NE St Arlington, WA 98223-7801
    Back to Search
    Property profile & analytics

    6206 188th NE St Arlington, WA 98223-7801

    View on Map
    • Mobile home & RV parks
    • 7.20 lot acres
    Off-Market
    Property ID
    US90-1796866
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 6206 188th NE St

    Year built
    1968
    Lot size
    7.20 lot acres
    Zone code
    GI
    Property type
    Mobile home & RV parks
    APN
    31052200100900
    APU
    31052200100900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.147
    Latitude
    48.1653
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,794
    $3,292,200
    $50,000
    $3,342,200
    -
    $3,292,200
    $50,000
    $3,342,200

    Comparable in this City

    • Value Estimation
      $615,000
      2,610 SF

      2809 Lakewood Rd

      MOBILE HOME PARK, TRAILER PARK • 2,610 SF
      2809 Lakewood Rd, Arlington, WA 98223-9694
      View Details
    • Value Estimation by Request
      1,680 SF

      21223 279th NE St

      CAMPGROUND, RV PARK • 1,680 SF
      21223 279th NE St, Arlington, WA 98223-9026
      View Details
    • Value Estimation by Request
      19.18 Acres

      20227 80th NE Ave

      MOBILE HOME PARK, TRAILER PARK • 19.18 Acres
      20227 80th NE Ave, Arlington, WA 98223-5020
      View Details
    • Value Estimation by Request

      27508 Lk Riley Rd

      MOBILE HOME PARK, TRAILER PARK
      27508 Lk Riley Rd, Arlington, WA 98223-7015
      View Details
    • Value Estimation by Request
      288 SF

      20914 277th NE Pl

      MOBILE HOME PARK, TRAILER PARK • 288 SF
      20914 277th NE Pl, Arlington, WA 98223-7023
      View Details
    • Value Estimation by Request
      896 SF

      18301 31st NE Ave

      MOBILE HOME PARK, TRAILER PARK • 896 SF
      18301 31st NE Ave, Arlington, WA 98223-7757
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakewood 55+ Senior Park Home

      840 SF single-wide with upgrades in 55+ community.
      2809 Lakewood Rd, Arlington, WA 98223
      View Details
    • Contact for pricing
      65,682 SF

      Arlington Land Ready For Development

      Prime commercial land suitable for retail and multifamily ventures.
      16901 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • Contact for pricing
      28,247 SF

      Multifamily Property with 28 Units

      Multifamily property featuring 28 units in Arlington, Washington.
      21125 81St Dr NE, Arlington, WA 98223
      View Details
    • $1,650,000
      6,084 SF

      Arlington Multifamily Investment Opportunity

      Six-unit multifamily property in Arlington with strong in-place income.
      17820 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • Contact for pricing

      37 Acres with Epic Views

      Land with subdivision potential, merchantable timber, and I-5 exposure.
      25600 Old 99, Arlington, WA 98223
      View Details
    • $3,200,000

      Arlington Commercial Land For Sale

      Highly visible commercial land suitable for various business ventures.
      5818 State Route 530 Ne, Arlington, WA 98223
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      64,396 SF

      Retail Destination Undergoing Transformation

      Retail property undergoing transformation to become a vibrant destination.
      20115 74Th Ave NE, Arlington, WA 98223
      View Details
    • $2,497 /Mo
      1,722 SF

      Shop Facility with Yard Space

      1,722 SF shop with overhead doors and yard.
      19203 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • $1,920 /Mo
      886 SF

      Retail/Office Space in Arlington

      886 SF retail/office space with high visibility, near downtown.
      6605 204Th St NE, Arlington, WA 98223
      View Details
    • $1,750 /Mo

      Smokey Point Commercial Space

      ✨ 1,250 Sq Ft All-Inclusive Office, Showroom Space for Lease!
      18824 Smokey Bay Drive, Arlington, WA 98223
      View Details
    • Contact for pricing

      Pilchuck Village Retail/Office Suites

      Retail and office suites in high-traffic Arlington location.
      7224 204Th St NE, Arlington, WA 98223
      View Details
    • Contact for pricing

      Prime Retail/Office/Flex Space Available

      In-line space with successful neighboring tenants.
      3131 Smokey Point Dr, Arlington, WA 98223
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6206 188th NE St
    Arlington, WA 98223-7801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6206 188th NE St, Arlington, WA, 98223
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!