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Property profile & analytics
OFF-MARKET
Hotels
810 State Ave, Marysville, WA 98270-4237
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0301188
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1940
Construction
WOOD
Total area
4,068 SF
Lot
0.35 ac (15,246 SF)
Zoning code
ML
APN
411900500400
UPID
US90-0301188
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
-
City Center Motel Hotel & Motel
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
Sai Kripa Investments LLC · 2 yrs held
Sai Kripa Investments LLC
since 2024
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
ML · Marysville, 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 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
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
$5,966
Tax year 2023
Assessed value
$1,000,000
Assessed 2023
Previous assessed
$936,000
+6.8% YoY
Effective rate
0.60%
On assessed value
Assessed land
$365,400
Assessed improvement
$634,600
Land market value
$365,400
Improvement market value
$634,600
Total market value
$1,000,000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Units
12
Rooms
16
Total area
4,068 SF
Lot
0.35 ac (15,246 SF)
Zoning code
ML
APN
411900500400
UPID
US90-0301188
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
ML · Marysville, WA
Zoning ML · permitted uses
ML · 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.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
12
Rooms
16
Lot
0.35 ac
Current owner
From public records · entity-resolved
Sai Kripa Investments LLC
Entity
Mailing address
810 STATE AVE, MARYSVILLE, WA 98270-4237
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
$2,400,000
Sai Kripa Investments LLC
Hm S LLC
Warranty Deed
$2,182,000 · Pcb Bank
Dec 3, 2021
$1,000,000
Hm S LLC
B S O Corporation
Warranty Deed
$1,125,000 · First Ic Bank
Aug 20, 2015
$800,000
Bso Corp
Choe,michael Y & Kyung A
Warranty Deed
$565,000 · Bbcn Bk
Nov 7, 2000
$840,000
Michael Y Choe
Park,chan S
Grant Deed
$765,000 · Wilshire State Bank
Mar 26, 1998
$800,000
Chan S Park
Park,sung K
Grant Deed
related
$560,000 · Wilshire State Bank
Jun 1, 1990
$355,000
Yul Yong Park
Unknown
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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