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Property profile & analytics
FOR SALE
Medical Office Space
8500 Cedarhome Dr Stanwood, WA 98292
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US90-1771418
For Sale
1 / 9
Contact for pricing
8500 Cedarhome Dr, Stanwood, WA 98292
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1964
Construction
WOOD
Total area
4,357 SF
Lot
0.76 ac (33,106 SF)
Zoning code
UE
APN
32041900306300
UPID
US90-1771418
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
$980k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Collins,bruce P & Sally A · 26 yrs held
Collins,bruce P & Sally A
since 1999
6 recorded transactions
Zoning & alternative use
UE · Stanwood, WA
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 Stanwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanwood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$980,000
7%
$910,000
Blend value · Realmo final
$280k
Range $252k – $308k · ±10%
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
$64 / 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
$6,713
Tax year 2023
Assessed value
$832,000
Assessed 2023
Previous assessed
$785,000
+6.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$324,300
Assessed improvement
$507,700
Land market value
$324,300
Improvement market value
$507,700
Total market value
$832,000
Applied tax rate
758.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1964
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
4,357 SF
Lot
0.76 ac (33,106 SF)
Zoning code
UE
APN
32041900306300
UPID
US90-1771418
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UE · Stanwood, WAZoning UE · permitted uses
UE · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2024 09 30 ZoningMap
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Collins,bruce P & Sally A
Individual
Mailing address
8500 CEDARHOME DR, STANWOOD, WA 98292-9539
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
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
Aug 17, 2016
—
Northwest Veterinary Clinic Of Stan
—
Deed
related
$765,000 · Coastal Community Bank
Dec 30, 1999
$32,645
Collins,bruce P & Sally A
Cuchna,timothy & Cynthia L
Trustees Deed
—
Dec 30, 1999
$32,640
Collins,bruce P & Sally A
Stang,andrew M & Linda L
Trustees Deed
$25,323 · Individual
Dec 30, 1999
$32,690
Collins,bruce P & Sally A
Haskins,daniel J & Linda C
Trustees Deed
—
—
—
Northwest Veterinary Clinic
—
Deed Of Trust
related
$202,210 · Coastal Community Bank
—
—
Northwest Veterinary Clinic Of St
—
Deed Of Trust
related
$146,250 · Bruce P & Sally A Collins
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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