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Property profile & analytics
OFF-MARKET
Estimated value
$10,930,000
Warehouses
7321 44th NE Ave Marysville, WA 98270-3762
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1107009
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
23,200 SF
Lot
3.25 ac (141,570 SF)
Zoning code
M4
APN
497200000501
UPID
US90-1107009
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
-
Glacier West Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.51M
Blend (final)
Blend
$10.93M
Owner & transaction history
Gw Marysville 787 LLC · 4 yrs held
Gw Marysville 787 LLC
since 2022
Last sale
$11.1M
3 recorded transactions
Zoning & alternative use
M4 · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.0M
+79.5%
Apartment house (5+ units)
$9.6M
+43.2%
Auto repair, garage
$9.5M
+41.5%
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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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
$11,010,000
ML approach
$9,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,700,000
Current use
RESTAURANT
$12,025,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,595,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,480,000
Change: +41% · Conversion: Easy
MEDICAL BUILDING
$9,060,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$8,225,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,035,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$10.93M
Range $9.84M – $12.02M · ±10% · vs last sale $11.10M (Jun 21 2022)
Last sale anchor
$11.10M
Jun 21 2022
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
$471 / 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
$33,276
Tax year 2023
Assessed value
$5,575,700
Assessed 2023
Previous assessed
$4,918,700
+13.4% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,416,900
Assessed improvement
$4,158,800
Land market value
$1,416,900
Improvement market value
$4,158,800
Total market value
$5,575,700
Applied tax rate
511.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
5
Stories
1
Bathrooms
1
Total area
23,200 SF
Lot
3.25 ac (141,570 SF)
Zoning code
M4
APN
497200000501
UPID
US90-1107009
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M4 · Marysville, WA
Zoning M4 · permitted uses
M4 · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.7M
RESTAURANT
Est. value
$12.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$9.5M
MEDICAL BUILDING
Est. value
$9.1M
OFFICE BUILDING
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$7.0M
WAREHOUSE, STORAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Bathrooms
1
Lot
3.25 ac
Current owner
From public records · entity-resolved
Gw Marysville 787 LLC
Entity
Mailing address
223 10TH ST S, KIRKLAND, WA 98033-6729
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$11,100,000
Gw Marysville 787 LLC
Stor In Mini Storage INC
Warranty Deed
$14,672,000 · 1st Security Bank Of Washington
Jan 19, 2007
—
Stor In Mimi Storage INC
William H Duesenberg
Quit Claim Deed
related
$2,343,948 · Bridger Commercial Funding LLC
—
—
Best Mini Storage INC|stor-in Mini Storage INC
—
Deed Of Trust
related
$4,800,000 · Bank Of America
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.
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