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Property profile & analytics
FOR LEASE
Outlet malls
6430 240Th St SE Woodinville, WA 98072
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1730486
For Lease
1 / 3
$9,400,000
6430 240Th St SE, Woodinville, WA 98072
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1979
Construction
WOOD FRAME
Total area
2,400 SF
Lot
5.22 ac (227,383 SF)
Zoning code
SG
APN
27053400401800
UPID
US90-1730486
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
-
SiteOne Landscape Supply Garden Center Hardware & Home Improvement
-
Trendset Concrete Products Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.40M
Owner & transaction history
Tuh Woodinville LLC · 4 yrs held
Tuh Woodinville LLC
since 2021
Last sale
$8.6M
7 recorded transactions
Zoning & alternative use
SG · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$9,925,000
ML approach
$10,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.40M
Range $8.46M – $10.34M · ±10% · vs last sale $8.55M (Sep 30 2021)
Last sale anchor
$8.55M
Sep 30 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
$3,917 / 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
$68,235
Tax year 2023
Assessed value
$7,729,300
Assessed 2023
Previous assessed
$3,826,300
+102.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$7,503,800
Assessed improvement
$225,500
Land market value
$7,503,800
Improvement market value
$225,500
Total market value
$7,729,300
Applied tax rate
4,134.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1979
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Stories
1
Total area
2,400 SF
Lot
5.22 ac (227,383 SF)
Zoning code
SG
APN
27053400401800
UPID
US90-1730486
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Woodinville, WA
Zoning SG · permitted uses
SG · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
5.22 ac
Current owner
From public records · entity-resolved
Tuh Woodinville LLC
Entity
Mailing address
15 LK BELLEVUE DR STE #102, BELLEVUE, WA 98005-2485
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$8,550,000
Tuh Woodinville LLC
Trendset LLC
Warranty Deed
—
Dec 27, 1999
$1,844,944
Trendset LLC
Knoll,craig & Victoria
Grant Deed
related
$1,440,000 · Money Store Investment Corp
Oct 12, 1999
—
Properties Knoll
—
Deed Of Trust
related
$1,500,000 · Business Finance Corp
Mar 17, 1999
$1,535,000
Craig Knoll
Fitzpatrick,donald L & Cheryl L
Grant Deed
related
$1,341,225 · Individual
—
—
Trendset LLC
—
Deed Of Trust
related
$1,500,000 · Us Bank NA
—
—
Craig Knoll
—
Deed Of Trust
related
$1,500,000 · Business Finance Corp
—
—
Craig Knoll
—
Deed Of Trust
related
$150,000 · Pacific Coast Investment Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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