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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Motels
900 1000th Andis Rd, Burlington, WA 98233
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1062493
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Total area
42,081 SF
Lot
2.43 ac (105,851 SF)
APN
340406-1-005-0500
UPID
US90-1062493
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
-
Mt Vernon High School High School
-
Holiday Inn Express & Suites Burlington, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
$3.39M
Blend (final)
Blend
$3.89M
Owner & transaction history
Bkob LLC · 11 yrs held
Bkob LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.9M
+99.1%
Office building
$5.4M
+81.4%
Restaurant
$4.8M
+61.7%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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%
$4,745,000
6.5%
$4,380,000
7%
$4,070,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,955,000
Current use
COMMERCIAL (GENERAL)
$5,885,000
Change: +99% · Conversion: Difficult
OFFICE BUILDING
$5,360,000
Change: +81% · Conversion: Difficult
RESTAURANT
$4,780,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$4,535,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,495,000
Change: +52% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,270,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$3,230,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±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
$92 / 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
$55,374
Tax year 2022
Assessed value
$5,850,900
Assessed 2021
Previous assessed
$5,850,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$683,400
Assessed improvement
$5,167,500
Land market value
$683,400
Improvement market value
$5,167,500
Total market value
$5,850,900
Applied tax rate
905.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Bathrooms
3
Total area
42,081 SF
Lot
2.43 ac (105,851 SF)
APN
340406-1-005-0500
UPID
US90-1062493
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.4M
RESTAURANT
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
RETAIL STORES
Est. value
$3.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1999
Heating
FORCED AIR
Bathrooms
3
Lot
2.43 ac
Current owner
From public records · entity-resolved
Bkob LLC
Entity
Mailing address
13426 64TH AVE W, EDMONDS, WA 98026-3246
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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 29, 2019
—
Bkob LLC
—
Grant Deed
related
$6,160,000 · Coastal Cmnty Bk
Jul 30, 2014
$7,560,000
Bkob LLC
K C S Investment INC
Warranty Deed
$5,502,000 · Bbcn Bk
Jun 28, 2013
$6,950,000
Kcs Investment INC
Hie Burlington LLC
Warranty Deed
$5,975,000 · Unibank
Oct 21, 2005
—
Hie Burlington LLC
Mitzel,daniel R
Quit Claim Deed
related
—
Feb 9, 1999
—
Dan Mitzel
Systems INC
Quit Claim Deed
related
—
Jul 30, 1998
$552,614
Simplified Exchange Accounting
Goulter,stanley & Martha H
Grant Deed
—
—
—
Hie Burlington LLC
—
Deed Of Trust
related
$3,000,000 · Bridger Commercial Funding LLC
—
—
Bkob LLC
—
Deed Of Trust
related
$6,160,000 · Coastal Cmnty Bk
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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