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Property profile & analytics
FOR SALE
Retail space
9004 Vernon Rd Lake Stevens, WA 98258
Entity Owned
Free & Clear
Property ID
US90-0102899
For Sale
1 / 6
Contact for pricing
9004 Vernon Rd, Lake Stevens, WA 98258
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
TYPE NOT SPECIFIED
Total area
11,552 SF
Lot
1.01 ac (43,996 SF)
Zoning code
SRC
APN
518000002100
UPID
US90-0102899
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
$2.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
State Of Washington Department Of T
State Of Washington Department Of T
since 2026
7 recorded transactions
Zoning & alternative use
SRC · Lake Stevens, 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 Lake Stevens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Stevens 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%
$2,780,000
6.5%
$2,565,000
7%
$2,385,000
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±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
$159 / 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
$28,955
Tax year 2023
Assessed value
$3,235,000
Assessed 2023
Previous assessed
$3,177,000
+1.8% YoY
Effective rate
0.90%
On assessed value
Assessed land
$1,249,000
Assessed improvement
$1,986,000
Land market value
$1,249,000
Improvement market value
$1,986,000
Total market value
$3,235,000
Applied tax rate
408.0000
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
For Sale
Year built
2016
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
2
Total area
11,552 SF
Lot
1.01 ac (43,996 SF)
Zoning code
SRC
APN
518000002100
UPID
US90-0102899
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SRC · Lake Stevens, WAZoning SRC · permitted uses
SRC · Lake Stevens, 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
2016
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
State Of Washington Department Of T
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 2728, KIRKLAND, WA 98083-2728
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
State Of Washington Department Of T
Park Enterprises One LLC
Quitclaim Deed
related
—
Sep 15, 2016
—
Park Enterprises One LLC
—
Deed
related
$750,000 · Us Bank NA
Jul 12, 2016
$4,745,000
Park Ents One LLC
Pbjp Ents LLC
Warranty Deed
—
May 14, 2015
$862,385
Pbjp Enterprises LLC
Winston Property Management LLC
Special Warranty Deed
$2,625,000 · Wells Fargo Bank NA
Aug 4, 2008
$160,000
Lake Stevens-northwest LLC
Winston Property Mgmt LLC
Warranty Deed
—
Oct 1, 2007
$549,000
Winston Property Mgmt LLC
Yearout,douglas
Warranty Deed
—
Jan 14, 2005
$500,000
Winston Property Mgmt LLC
Kaintz,tim & Kerri
Warranty Deed
$390,000 · Pacifica Bank
Sep 1, 1989
$160,000
Treck INC
Unknown
Grant Deed
—
—
—
Douglas R Yearout
—
Deed Of Trust
related
$168,000 · Heller First Capital
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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