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Property profile & analytics
OFF-MARKET
Estimated value
$2,680,000
Industrial properties
7419 204th NE St Arlington, WA 98223-5114
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0358959
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
39,623 SF
Lot
5.3 ac (230,868 SF)
Zoning code
GC
APN
31051100303200
UPID
US90-0358959
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.68M
Owner & transaction history
Ctj Investments LLC · 12 yrs held
Ctj Investments LLC
since 2014
7 recorded transactions
Zoning & alternative use
GC · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$68 / 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
$27,296
Tax year 2023
Assessed value
$3,537,000
Assessed 2023
Previous assessed
$3,062,000
+15.5% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,793,000
Assessed improvement
$1,744,000
Land market value
$1,793,000
Improvement market value
$1,744,000
Total market value
$3,537,000
Applied tax rate
110.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
39,623 SF
Lot
5.3 ac (230,868 SF)
Zoning code
GC
APN
31051100303200
UPID
US90-0358959
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Arlington, WA
Zoning GC · permitted uses
GC · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
5.3 ac
Current owner
From public records · entity-resolved
Ctj Investments LLC
Entity
Mailing address
7419 204TH ST NE, ARLINGTON, WA 98223-5114
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Ctj Investments LLC
—
Deed
related
$700,000 · Crescent Debt Fund LLC
Jan 26, 2023
—
West Coast Building INC
—
Deed
related
$600,000 · Brett Goldfarb
Jun 1, 2022
—
West Coast Building INC
—
Deed
related
$1,600,000 · Meadowmeer Sports Club LLC
Sep 10, 2021
—
Ctj Investments LLC
—
Deed
related
$2,300,000 · Ritchie Group
Jul 3, 2019
—
Canyon Village LLC
—
Grant Deed
related
$5,000,000 · Ritchie Group (tic)
Mar 5, 2018
—
Ctj Investments LLC
—
Deed
related
$2,400,000 · Washington Limited Liability Company
May 13, 2014
—
Ctj Investments LLC
Tremmel,curtis & Tammy
Quit Claim Deed
related
—
Mar 30, 2012
$1,200,280
Curtis Tremmel
Coastal Community Bank
Warranty Deed
$1,100,000 · Coastal Community Bank
Mar 22, 2011
$1,568,310
Coastal Cmnty Bk
Foster William B
Trustees Deed
related
—
Dec 2, 2010
$1,568,310
Coastal Cmnty Bk
Foster William B
Trustees Deed
related
—
Aug 30, 2007
$2,560,000
Tourmalien Green LLC
Yosemite Properties INC
Warranty Deed
$1,507,000 · Coastal Community Bank
Feb 2, 2004
$2,400,000
Yosemite Properties INC
Allerton Group INC
Grant Deed
$1,400,000 · Coastal Community Bank
Feb 2, 2004
—
William C Dodge
Dodge,william C
Quit Claim Deed
related
$180,000 · Sierra Pacific Mortgage
May 18, 1998
—
James Jungers
Frontier Bank
Quit Claim Deed
related
—
Apr 10, 1998
$630,000
Allerton Gruop INC
Jungers,james W
Grant Deed
$583,000 · Western Fsb
Jul 1, 1990
$75,000
James W Jungers
Unknown
Quit Claim Deed
related
—
—
—
Ctj Investments LLC
—
Loan Modification
related
$1,200,000 · Coastal Cmnty Bk
—
—
Curtis Tremmel
—
Deed Of Trust
related
$1,200,000 · Coastal Community Bank
—
—
Allerton Group INC
—
Deed Of Trust
related
$1,413,059 · Frontier Bank
—
—
Allrton Group INC
—
Deed Of Trust
related
$201,284 · Frontier Bank
—
—
Yosemite Properties INC
—
Deed Of Trust
related
$1,153,000 · Northwest Business Developmen
—
—
Yosemite Properties INC
—
Deed Of Trust
related
$101,707 · Coastal Community Bank
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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