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Property profile & analytics
OFF-MARKET
Estimated value
$3,575,000
Commercial real estate
9519 4th NE St Lake Stevens, WA 98258-1631
Individually Owned
22-yr Hold
Free & Clear
Property ID
US90-2597530
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
33,600 SF
Lot
4.97 ac (216,493 SF)
Zoning code
SK
APN
876700000300
UPID
US90-2597530
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
by Request
Comparable Approach
Comparable
$4.35M
Blend (final)
Blend
$3.58M
Owner & transaction history
Nv/northgate Ltd · 22 yrs held
Nv/northgate Ltd
since 2004
7 recorded transactions
Zoning & alternative use
SK · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.58M
Range $3.22M – $3.93M · ±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
$106 / 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
$36,078
Tax year 2023
Assessed value
$3,528,000
Assessed 2023
Previous assessed
$3,403,000
+3.7% YoY
Effective rate
1.02%
On assessed value
Assessed land
$2,596,500
Assessed improvement
$931,500
Land market value
$2,596,500
Improvement market value
$931,500
Total market value
$3,528,000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
33,600 SF
Lot
4.97 ac (216,493 SF)
Zoning code
SK
APN
876700000300
UPID
US90-2597530
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SK · Lake Stevens, WAZoning SK · permitted uses
SK · 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
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
4.97 ac
Current owner
From public records · entity-resolved
Nv/northgate Ltd
Individual
Free & Clear · 22 yrs held
Mailing address
PO BOX 2540, ALAMEDA, CA 94501-0274
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2021
—
Nv Northgate Limited
—
Deed
related
$500,000 · Bank Of The West
Jun 15, 2004
$5,200,000
Nv/northgate Ltd
Lake Stevens Self Storage LLC
Grant Deed
—
Feb 9, 2001
$4,300,449
Lake Stevens Self Storage LLC
Fischer,george V
Grant Deed
$3,300,000 · Homestreet Bank
Sep 25, 2000
—
George Fischer
First Heritage Bank
Quit Claim Deed
related
—
May 12, 2000
—
George V Fischer
—
Deed Of Trust
related
$3,225,000 · Frontier Bank
—
—
George V Fischer
—
Deed Of Trust
related
$412,669 · First Heritage Bank
—
—
George V Fischer
—
Deed Of Trust
related
$205,000 · Frontier Bank
—
—
George V Fisher
—
Deed Of Trust
related
$253,000 · Park Avenue West LLC
—
—
George V Fischr
—
Deed Of Trust
related
$113,103 · Individual
—
—
Chase Development INC
—
Deed Of Trust
related
$412,669 · First Heritage Bank
—
—
Chase Development INC
—
Deed Of Trust
related
$567,428 · First Heritage Bank
—
—
George V Fischer
—
Deed Of Trust
related
$109,000 · Individual
—
—
George Fischer
—
Deed Of Trust
related
$567,428 · First Heritage Bank
—
—
George V Fischer
—
Deed Of Trust
related
$212,302 · First Heritage Bank
—
—
George V Fischer
—
Deed Of Trust
related
$50,500 · Individual
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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