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    Property profile & analytics

    8521 Mukilteo Speedway Mukilteo, WA 98275-3203

    • Hotels
    • 28,720 SF
    • 4.53 lot acres
    OFF-MARKET
    Value Estimation
    $12,395,000
    Last Sale
    Aug 03, 2023
    $11,832,000
    Location Intelligence
    Property ID
    US90-1663777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • phil jonhson park / Park
    • 8521 Mukilteo Speedway Parking / Parking Lot
    • TownePlace Suites Seattle Everett/Mukilteo / Hotel / Extended Stay Hotel

    Property Details for 8521 Mukilteo Speedway

    Year built
    1999
    Construction
    WOOD
    Lot size
    4.53 lot acres
    Property size
    28,720 SF
    Zone code
    CB
    Property type
    Hotels
    Property subtype
    Motels
    APN
    611600013100
    APU
    611600013100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,325,000
      6.5%
      $11,130,000
      7%
      $12,385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $12,775,000
      Geo Method
      $11,770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $13,910,000
      Retail
      $11,545,000
      Mixed-Use
      $13,015,000
      Hospitality
      $13,840,000
      Educational
      $11,755,000
      Residential Income
      $12,525,000
      Energy
      $11,125,000
      Income-Based Land
      $11,250,000
      Food Service
      $14,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Mukilteo
    County
    Snohomish
    State
    Washington
    Longitude
    -122.299
    Latitude
    47.9207
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $105,976
    $3,669,600
    $11,050,400
    $14,720,000
    -
    $3,669,600
    $11,050,400
    $14,720,000

    Comparable in this City

    • Value Estimation by Request
      45,732 SF

      3917 Harbour Pointe SW Blvd

      HOTEL/MOTEL • 45,732 SF
      3917 Harbour Pointe SW Blvd, Mukilteo, WA 98275-5454
      View Details
    • Value Estimation by Request
      46,603 SF

      718 Frnt St

      HOTEL/MOTEL • 46,603 SF
      718 Frnt St, Mukilteo, WA 98275-1510
      View Details
    • Value Estimation by Request
      59,085 SF

      9600 Harbour Pl

      HOTEL/MOTEL • 59,085 SF
      9600 Harbour Pl, Mukilteo, WA 98275-4262
      View Details
    • Value Estimation by Request
      0.02 Acres

      Mukilteo, WA 98275

      INDUSTRIAL - VACANT LAND • 0.02 Acres
      Mukilteo, WA 98275
      View Details
    • Value Estimation by Request
      11.58 Acres

      Mukilteo, WA 98275

      INDUSTRIAL - VACANT LAND • 11.58 Acres
      Mukilteo, WA 98275
      View Details
    • Value Estimation by Request
      0.11 Acres

      Mukilteo, WA 98275

      INDUSTRIAL - VACANT LAND • 0.11 Acres
      Mukilteo, WA 98275
      View Details

    Similar Nearby for Sale

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      Standalone Office Building with Parking

      Unique office building with parking and Puget Sound views.
      202 Lincoln Ave, Mukilteo, WA 98275
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      3.26 acre property near freeway access and local amenities.
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      Mukilteo Mixed-Use Property For Sale

      Mixed-use property with high visibility and flexible zoning.
      8004 Mukilteo Speedway, Mukilteo, WA 98275
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      Mukilteo Commercial Gem: Prime Location

      Stunning Views, Mixed-Use Potential, High Income
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    Similar Nearby for Lease

    • $18 SF/Yr
      1,503 SF

      Retail Space with Corner Exposure

      Retail space with great exposure, currently built out as salon.
      12199 Village Center Pl, Mukilteo, WA 98275
      View Details
    • $22 SF/Yr
      3,553 SF

      Office Space in Mukilteo, WA

      Office space featuring an open layout and private offices.
      12121 Harbour Reach Dr, Mukilteo, WA 98275
      View Details
    • $7,000 /Mo
      3,057 SF

      Turn-Key Office Building Near Boeing

      Stand-alone office building with modern design near Paine Field.
      8425 44Th Ave W, Mukilteo, WA 98275
      View Details
    • $25 SF/Yr
      28,159 SF

      Mukilteo Retail Space Available

      Retail property available for lease in Mukilteo, Washington.
      11800 Mukilteo Speedway, Mukilteo, WA 98275
      View Details
    • Contact for pricing
      1,159 SF

      Retail Space in Mukilteo, WA

      Retail space available for lease in Mukilteo, Washington.
      12502 Mukilteo Speedway, Mukilteo, WA 98275
      View Details
    • $1.35 SF/Yr
      5,685 SF

      Mukilteo Flex Space Available

      Flex space with warehouse and office components available for lease.
      12521 Evergreen Dr, Mukilteo, WA 98275
      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      1.1k
    • Avg Time on site
      549 min
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    Mukilteo, WA 98275-3203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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