Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6210 234th SE St Woodinville, WA 98072-8658

    • Industrial properties
    • 24,928 SF
    • 3.01 lot acres
    OFF-MARKET
    Value Estimations
    $2,910,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1269369
    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.

    Current Use by Public Records

    • Horizon Distributors / Agricultural Supply

    Property Details for 6210 234th SE St

    Year built
    1984
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.01 lot acres
    Property size
    24,928 SF
    Zone code
    SG
    Property type
    Industrial properties
    APN
    27053400102400
    APU
    27053400102400

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,035,000
      6.5%
      $3,725,000
      7%
      $3,460,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodinville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.15
    Latitude
    47.7846
    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
    $44,070
    $3,918,500
    $1,147,200
    $5,065,700
    -
    $3,918,500
    $1,147,200
    $5,065,700

    Comparable in this City

    • Value Estimation by Request
      2.62 Acres

      Woodinville, WA 98072

      INDUSTRIAL (GENERAL) • 2.62 Acres
      Woodinville, WA 98072
      View Details
    • Value Estimation
      $1,590,000
      16,000 SF

      8720 216th SE St

      LUMBERYARD, BUILDING MATERIALS • 16,000 SF
      8720 216th SE St, Woodinville, WA 98072-8018
      View Details
    • Value Estimation
      $8,025,000
      71,750 SF

      8415 216th SE St

      INDUSTRIAL (GENERAL) • 71,750 SF
      8415 216th SE St, Woodinville, WA 98072-8008
      View Details
    • Value Estimation
      $760,000
      8,510 SF

      8412 219th SE St

      INDUSTRIAL (GENERAL) • 8,510 SF
      8412 219th SE St, Woodinville, WA 98072-8084
      View Details
    • Value Estimation
      $24,330,000
      275,500 SF

      8131 Bostian Rd

      INDUSTRIAL (GENERAL) • 275,500 SF
      8131 Bostian Rd, Woodinville, WA 98072-5027
      View Details
    • Value Estimation by Request
      1,040 SF

      13820 195th St

      INDUSTRIAL (GENERAL) • 1,040 SF
      13820 195th St, Woodinville, WA 98072-8721
      View Details

    Similar Nearby for Sale

    • $15,100,000

      Woodinville Industrial Property for Sale

      Industrial property available for purchase in Woodinville, Washington.
      18715 141St Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing
      2,185 SF

      Woodinville Industrial Property For Sale

      Industrial property for sale, walking distance to downtown Woodinville.
      17623-17625 130Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing

      Woodinville Industrial Property For Sale

      Industrial property available for purchase in Woodinville, Washington.
      19734 144Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing
      28,225 SF

      Woodinville Industrial Building For Rent

      Stand-alone industrial building with office space in Woodinville, Washington.
      19180 144Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing

      Woodinville Flex Asset For Sale

      35,805 SF flex asset in Woodinville, WA.
      20205 144Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing
      76,346 SF

      New Construction Warehouse Opportunity

      New construction warehouse, shell completion expected December 2025.
      8323 Maltby Rd, Woodinville, WA 98072
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,175 SF

      Industrial Space Available for Rent

      Industrial property with 1,386 square feet available for lease.
      19111-19171 144Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing
      5,312 SF

      Woodinville Industrial Space Available

      Industrial property available for rent in Woodinville, Washington.
      19628 144Th Ave NE, Woodinville, WA 98072
      View Details
    • $3,197 /Mo
      2,317 SF

      Woodinville Winery Space For Rent

      Production winery space available in a busy industrial park.
      19501 144Th Ave NE, Woodinville, WA 98072
      View Details
    • Contact for pricing
      1,800 SF

      Woodinville Industrial Space Available

      Industrial property in Woodinville, Washington, offering 1973 square feet.
      18800 142Nd Ave NE, Woodinville, WA 98072
      View Details
    • New
      Contact for pricing
      2,632 SF

      Woodinville Flex/Industrial Space Available

      Flex/Industrial space available for rent in Woodinville, Washington.
      13410-13450 NE 177Th Pl, Woodinville, WA 98072
      View Details
    • $21,630
      12,360 SF

      Woodinville Industrial Building For Lease

      Stand-alone industrial building with substantial power and easy access.
      19726 144Th Ave NE, Woodinville, WA 98072
      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.
    6210 234th SE St
    Woodinville, WA 98072-8658
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!