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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Automotive properties
9008 271st NW St Stanwood, WA 98292
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1080204
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2018
Total area
2,093 SF
Lot
0.29 ac (12,632 SF)
Zoning code
MB2
APN
32041900305600
UPID
US90-1080204
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
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$896k
Blend (final)
Blend
$1.46M
Owner & transaction history
Firm Foundation Holdings LLC · 3 yrs held
Firm Foundation Holdings LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
MB2 · Stanwood, 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 Stanwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanwood 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
$1,490,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$910,000
Current use
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.43M (May 15 2023)
Last sale anchor
$1.43M
May 15 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
$698 / 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
$4,164
Tax year 2023
Assessed value
$513,000
Assessed 2023
Previous assessed
$450,000
+14.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$270,000
Assessed improvement
$243,000
Land market value
$270,000
Improvement market value
$243,000
Total market value
$513,000
Applied tax rate
758.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2018
Heating
BASEBOARD
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,093 SF
Lot
0.29 ac (12,632 SF)
Zoning code
MB2
APN
32041900305600
UPID
US90-1080204
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MB2 · Stanwood, WA
Zoning MB2 · permitted uses
MB2 · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stanwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$910,000
AUTO REPAIR, GARAGE Current
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
2018
Heating
BASEBOARD
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Firm Foundation Holdings LLC
Entity
Mailing address
30704 68TH AVE NW, STANWOOD, WA 98292-9654
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
—
Firm Foundation Holdings LLC
—
Deed
related
$674,000 · Northwest Business Development Associati
May 15, 2023
$1,425,000
Firm Foundation Holdings LLC
Dreo Enterprises LLC
Warranty Deed
$937,500 · Heritage Southeast Bank
Aug 26, 2016
$197,500
Dreo Ents LLC
Rice D & I B Living Trust
Warranty Deed
—
Jan 13, 2010
—
Rice Don & Ila B Living Trust
Timmerman,donald
Warranty Deed
related
—
Jun 15, 2009
—
Donald Timmerman
Timmerman,glenna M
Quit Claim Deed
related
—
Jun 15, 2009
$175,000
Rice Don & Ila B Living Trust
Timmerman,donald
Grant Deed
—
Nov 25, 2008
—
Joan Wilson
Camano Island Investments LLC
Quit Claim Deed
related
—
Dec 19, 2003
$135,000
Camano Island Investments LLC
Olson,barbara L
Grant Deed
$115,000 · Barbara L Olson
Dec 16, 1997
$129,000
Barbara L Olson
Capital Investor's LP
Grant Deed
—
—
—
Rice Don & Ila B Living Trust
—
Deed Of Trust
related
$75,000 · Donald Timmerman
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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