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Property profile & analytics
OFF-MARKET
Retail space
8923 236th SW St Edmonds, WA 98026-9508
Individually Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0855327
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
WOOD
Total area
2,582 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SJ
APN
555300400102
UPID
US90-0855327
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
-
Rebel Mystic Healing Alternative Medicine Practice
-
Koch Christine L Alternative Medicine Practice Spa & Massage Center
-
Zen Mind & Body PLLC Alternative Medicine Practice Spa & Massage Center
-
Ink’d By Jasmine Tattoo & Piercing Shop
-
Sno-King Massage Therapy Alternative Medicine Practice Spa & Massage Center
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
Mary Brubaker · 29 yrs held
Mary Brubaker
since 1997
7 recorded transactions
Zoning & alternative use
SJ · Edmonds, 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 Edmonds submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmonds 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
$5,513
Tax year 2023
Assessed value
$672,000
Assessed 2023
Previous assessed
$622,000
+8.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$277,200
Assessed improvement
$394,800
Land market value
$277,200
Improvement market value
$394,800
Total market value
$672,000
Applied tax rate
2,475.0000
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
1948
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
2,582 SF
Lot
0.17 ac (7,405 SF)
Zoning code
SJ
APN
555300400102
UPID
US90-0855327
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SJ · Edmonds, WAZoning SJ · permitted uses
SJ · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mary Brubaker
Individual
Mailing address
11411 3RD PL WB, EVERETT, WA 98204-4900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2016
—
Mary Brubaker
—
Deed
related
$322,718 · Boise Commercial Lending
Jul 28, 1997
—
Mary Brubaker
Palmer,christopher R
Quit Claim Deed
related
—
Jul 1, 1997
$165,000
Mary Brubaker
Chong,ok N
Grant Deed
$150,000 · Seller
—
—
Mary Brubaker
—
Deed Of Trust
related
$360,000 · Frontier Bank
—
—
Mary Brubaker
—
Deed Of Trust
related
$66,169 · Frontier Bank
—
—
Mary A Brubaker
—
Deed Of Trust
related
$100,000 · Frontier Bank
—
—
Mary Brubaker
—
Deed Of Trust
related
$67,670 · Union 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.
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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