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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
8224 Railroad SE Ave, Snoqualmie, WA 98065
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2245986
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
WOOD
Total area
4,684 SF
Lot
0.21 ac (9,060 SF)
Zoning code
BR1
APN
784920-0571
UPID
US90-2245986
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
-
Reclaim Charitable Organization Social Service Agency
-
Voiss Construction Inc Construction Company General Contractor
-
Mt Si Counseling Services Counselor
-
Stephen P. Chick, MA Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Snoqualmie Valley Shelter Services · 2 yrs held
Snoqualmie Valley Shelter Services
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
BR1 · Snoqualmie, 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 Snoqualmie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snoqualmie 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 30 2024)
Last sale anchor
$800k
Jan 30 2024
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
$171 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,870
Tax year 2022
Assessed value
$1,129,500
Assessed 2022
Previous assessed
$1,129,500
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$181,200
Assessed improvement
$948,300
Land market value
$181,200
Improvement market value
$948,300
Total market value
$1,129,500
Applied tax rate
2,277.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Total area
4,684 SF
Lot
0.21 ac (9,060 SF)
Zoning code
BR1
APN
784920-0571
UPID
US90-2245986
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BR1 · Snoqualmie, WA
Zoning BR1 · permitted uses
BR1 · Snoqualmie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snoqualmie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Snoqualmie Valley Shelter Services
Individual
Mailing address
7829 CTR BLVD SE #239, SNOQUALMIE, WA 98065-9096
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
$800,000
Snoqualmie Valley Shelter Services
Kre Holdings LLC
Warranty Deed
$535,000 · Washington Community Reinvestment A
Jan 30, 2024
—
Snoqualmie Valley Shelter Services
—
Deed
related
$206,000 · Washington State Department Of Commerce
Oct 9, 2020
$750,000
Kre Holdings LLC
Go Wireless Investments LLC
Quit Claim Deed
related
—
Feb 18, 2015
—
Go Wireless Investments LLC
Go Wireless Investments LLC
Quit Claim Deed
related
$3,116,250 · California Bk&tr
Feb 23, 2005
$805,000
Go Wireless Investments LLC
Sound Properties LLC
Warranty Deed
—
Jan 31, 2003
$755,000
Sound Properties LLC
Hover,glen D & Lisbeth L
Grant Deed
$168,000 · Homestone Mortgage INC
Dec 12, 1994
—
Glen Hover
—
Grant Deed
related
$825,000 · Valley Community Bank
Aug 21, 1991
$390,000
Glen D Hover
Steen,gary A&dia
Grant Deed
$288,600 · Seller
—
—
Glen Hover
—
Deed Of Trust
related
$525,000 · Inter Bank
—
—
Glen D Hover
—
Deed Of Trust
related
$125,000 · Valley Community Bank
—
—
Sound Properties LLC
—
Deed Of Trust
related
$581,250 · Banner Bank
—
—
Go Wireless Investments LLC
—
Deed Of Trust
related
$600,000 · Bank Of America
—
—
Glen Hover
—
Deed Of Trust
related
$875,000 · Valley 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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