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Property profile & analytics
FOR LEASE
Office buildings
6500 Harbour Heights Pkwy Mukilteo, WA 98275
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0290559
No photos on file
For Lease
$191,068 SF/Yr
6500 Harbour Heights Pkwy, Mukilteo, WA 98275
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Construction
CONCRETE
Total area
341,299 SF
Lot
22.05 ac (960,498 SF)
Zoning code
BP
APN
28042000401100
UPID
US90-0290559
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
-
Systima Technologies Corporate Office
-
Smiths Aerospace Corporate Office Factory
-
Karman Space & Defense Industrial Manufacturer Production Facility
-
Boeing Harbour Pointe Technical Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Cathcart Crossing Retail LLC · 2 yrs held
Cathcart Crossing Retail LLC
since 2024
Last sale
$759,990
7 recorded transactions
Zoning & alternative use
BP · Mukilteo, 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 Mukilteo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mukilteo 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
$795,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $760k (Jan 31 2023)
Last sale anchor
$760k
Jan 31 2023
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 / 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
$362,183
Tax year 2023
Assessed value
$51,639,400
Assessed 2023
Previous assessed
$51,639,400
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$10,983,000
Assessed improvement
$40,656,400
Land market value
$10,983,000
Improvement market value
$40,656,400
Total market value
$51,639,400
Applied tax rate
671.0000
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
For Lease
Year built
1984
Construction
CONCRETE
Heating
YES
Cooling
NONE
Stories
4
Total area
341,299 SF
Lot
22.05 ac (960,498 SF)
Zoning code
BP
APN
28042000401100
UPID
US90-0290559
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BP · Mukilteo, WA
Zoning BP · permitted uses
BP · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
4
Lot
22.05 ac
Current owner
From public records · entity-resolved
Cathcart Crossing Retail LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2010 156TH AVE NE STE #100, BELLEVUE, WA 98007-3826
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2024
—
Cathcart Crossing Retail LLC
Pacific Ridge Drh LLC
Deed
related
—
Jan 22, 2024
$450,000
Cathcart Crossing Retail LLC
Pacific Ridge Drh LLC
Bargain & Sale Deed
—
Jan 31, 2023
$759,990
Gurpreet Singh
Cornerstone Homes Nw LLC
Warranty Deed
$683,990 · 1st Security Bank Of Washington
Jan 9, 2023
—
Hptc Property LLC
Aaron Freiheit
Bargain And Sale Deed
—
Jan 4, 2023
—
Aaron Freiheit
Fortress Properties LLC
Bargain And Sale Deed
—
Sep 18, 2020
—
Amitsys Property LLC
Mrm Mt Vernon LLC
Grant Deed
$25,000,000 · First Citizens Bk
May 7, 2018
$24,950,000
Mrm Mt Vernon LLC
Wz Associates Property Seattle LLC
Warranty Deed
$12,500,000 · Washington Federal NA
Jan 4, 2013
$23,681
Wz Associates Property Seattle
Wiredzone Property LP
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.
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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