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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Retail space
8628 36th NE Ave Marysville, WA 98270-7245
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1240029
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
TYPE NOT SPECIFIED
Total area
5,508 SF
Lot
0.4 ac (17,424 SF)
Zoning code
M2
APN
459600001301
UPID
US90-1240029
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
-
Another Castle Video Games Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.53M
Owner & transaction history
Dayang Re Investments Fund I LLC · 3 yrs held
Dayang Re Investments Fund I LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
M2 · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+63.9%
Auto repair, garage
$2.3M
+61.9%
Medical building
$2.2M
+54.7%
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
Method
Estimation
Statistic approach
$1,565,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
$1,295,000
6.5%
$1,195,000
7%
$1,110,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,390,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,280,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,250,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$2,150,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$1,955,000
Change: +41% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,670,000
Change: +20% · Conversion: Easy
WAREHOUSE, STORAGE
$1,590,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.49M (Jul 3 2023)
Last sale anchor
$1.49M
Jul 3 2023
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
$277 / 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
$7,508
Tax year 2023
Assessed value
$1,256,700
Assessed 2023
Previous assessed
$944,200
+33.1% YoY
Effective rate
0.60%
On assessed value
Assessed land
$421,200
Assessed improvement
$835,500
Land market value
$421,200
Improvement market value
$835,500
Total market value
$1,256,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
5,508 SF
Lot
0.4 ac (17,424 SF)
Zoning code
M2
APN
459600001301
UPID
US90-1240029
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Marysville, WA
Zoning M2 · permitted uses
M2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.6M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Dayang Re Investments Fund I LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6513 132ND AVE NE #386, KIRKLAND, WA 98033-8628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$1,494,560
Dayang Re Investments Fund I LLC
Marysville Investment Holdings LP
Warranty Deed
—
Jul 26, 2012
$970,000
Marysville Investment Holdings
State Street Retail Center LLC
Warranty Deed
$679,000 · Whidbey Island Bank
Sep 15, 2008
—
State Street Retail Center LLC
—
Trustees Deed
related
$1,270,500 · Frontier Bank
Sep 1, 2005
—
State Street Retail Center LLC
State Street
Quit Claim Deed
related
—
Jul 29, 2005
$222,379
State Street
Vandyke,henrietta E
Warranty Deed
—
—
—
Terry L Van Dyke
—
Deed Of Trust
related
$28,500 · Weyerhaeuser Mortgage Co
—
—
Henrietta E Van Dyke
—
Deed Of Trust
related
$15,000 · Wells Fargo Bank
—
—
Terry L Van Dyke
—
Deed Of Trust
related
$106,500 · Weyerhaeuser Mortgage Co
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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