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Property profile & analytics
FOR LEASE
Retail space
9300 271St St NW Stanwood, WA 98292
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0962906
For Lease
1 / 10
Contact for pricing
9300 271St St NW, Stanwood, WA 98292
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Property summary
AI-generated overview
Located in Snohomish County, Stanwood Towne Center offers a prime retail opportunity. This single-story, 90,969 square foot strip center, built in 2004, sits on 4.37 acres of land and is zoned Mb2. The property currently has 7,310 square feet of vacant space available for lease, offering multiple units ranging from a minimum of 777 square feet to a maximum contiguous space of 2,150 square feet. Ideal for a variety of retail businesses, this center provides excellent visibility and accessibility. The property features a single building with convenient one-story access. This is an exceptional opportunity to establish or expand your retail presence in a thriving community. The flexible space options allow for customization to suit individual business needs. With its strategic location and ample space, Stanwood Towne Center presents a compelling investment prospect for discerning retail tenants. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity. Contact us today to schedule a viewing and discuss your business needs.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
6,900 SF
Lot
0.56 ac (24,394 SF)
Zoning code
UB
APN
32032400416800
UPID
US90-0962906
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
$1.50M
Comparable Approach
Comparable
$854k
Blend (final)
Blend
$1.22M
Owner & transaction history
Stanwood Towne Center LLC · 5 yrs held
Stanwood Towne Center LLC
since 2021
1 recorded transaction
Zoning & alternative use
UB · Stanwood, WA
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,010,000
Current use
WAREHOUSE, STORAGE
$1,995,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$177 / 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
$9,755
Tax year 2023
Assessed value
$1,209,500
Assessed 2023
Previous assessed
$1,141,000
+6.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$383,800
Assessed improvement
$825,700
Land market value
$383,800
Improvement market value
$825,700
Total market value
$1,209,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
6,900 SF
Lot
0.56 ac (24,394 SF)
Zoning code
UB
APN
32032400416800
UPID
US90-0962906
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UB · Stanwood, WAZoning UB · permitted uses
UB · Stanwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2024 09 30 ZoningMap
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.0M
RETAIL STORES Current
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
2004
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Stanwood Towne Center LLC
Entity
Mailing address
6100 219TH ST SW STE #535, MOUNTLAKE TERRACE, WA 98043-6204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Stanwood Towne Center LLC
—
Deed
related
$5,500,000 · State Farm Life Insurance 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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