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Property profile & analytics
OFF-MARKET
Banks
800 164th SE St Mill Creek, WA 98012-6301
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0483251
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1985
Construction
WOOD
Total area
2,400 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CB
APN
509600100103
UPID
US90-0483251
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
by Request
Owner & transaction history
Nwcc Village By The Creek LLC · 9 yrs held
Nwcc Village By The Creek LLC
since 2016
6 recorded transactions
Zoning & alternative use
CB · Mill Creek, 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 Mill Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mill Creek 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
—
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
$33,012
Tax year 2023
Assessed value
$3,408,600
Assessed 2023
Previous assessed
$1,815,000
+87.8% YoY
Effective rate
0.97%
On assessed value
Assessed land
$2,836,800
Assessed improvement
$571,800
Land market value
$2,836,800
Improvement market value
$571,800
Total market value
$3,408,600
Applied tax rate
520.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,400 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CB
APN
509600100103
UPID
US90-0483251
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Mill Creek, WA
Zoning CB · permitted uses
CB · Mill Creek, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mill Creek. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Nwcc Village By The Creek LLC
Entity
Mailing address
1402 E PIKE ST, SEATTLE, WA 98122-4148
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2022
—
Nwcc Village By The Creek LLC
—
Deed
related
$37,500,000 · Starwood Mortgage Capital LLC
Aug 26, 2016
—
Nwcc Village By The Creek LLC
Nwcc Investments Vii LLC
Quit Claim Deed
related
$7,500,000 · Starwood Mortgage Capital LLC
Aug 17, 2015
—
Nwcc Investments Vii LLC
Hfm Delta LLC
Warranty Deed
$5,360,000 · Foundation Bank
Nov 13, 2003
—
Village By The Creek
Echelbarger,michael D & Kathleen A
Quit Claim Deed
related
$2,450,000 · Standard Insurance Co
Jun 30, 1999
—
Echelbarger Family LP
Echelbarger Trust
Quit Claim Deed
related
$2,500,000 · Interwest Bank
—
—
Nwcc Investment Vii LLC
—
Deed Of Trust
related
$730,000 · Paul O'rear
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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