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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Commercial real estate
9800 Harbour Pl Ste 206 Mukilteo, WA 98275-4749
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0661487
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2001
Construction
TYPE NOT SPECIFIED
Total area
2,078 SF
Zoning code
PCB(S)
APN
923100020600
UPID
US90-0661487
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
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$1.08M
Owner & transaction history
North Puget Properties LLC · 3 yrs held
North Puget Properties LLC
since 2023
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
PCB(S) · Mukilteo, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$900,000
+43.1%
Medical building
$810,000
+28.8%
Office building
$740,000
+17.6%
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 Mukilteo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mukilteo 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
$1,090,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$900,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$810,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$740,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.04M (Apr 10 2023)
Last sale anchor
$1.04M
Apr 10 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
$517 / 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
$2,865
Tax year 2023
Assessed value
$394,500
Assessed 2023
Previous assessed
$384,400
+2.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$145,300
Assessed improvement
$249,200
Land market value
$145,300
Improvement market value
$249,200
Total market value
$394,500
Applied tax rate
667.0000
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
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
2,078 SF
Zoning code
PCB(S)
APN
923100020600
UPID
US90-0661487
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PCB(S) · Mukilteo, WA
Zoning PCB(S) · permitted uses
PCB(S) · Mukilteo, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mukilteo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$900,000
MEDICAL BUILDING
Est. value
$810,000
OFFICE BUILDING
Est. value
$740,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2001
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
North Puget Properties LLC
Entity
Mailing address
9800 HARBOUR PL STE #206, MUKILTEO, WA 98275-4749
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2023
$1,040,000
North Puget Properties LLC
Asiacap Management Ltd
Warranty Deed
$936,000 · Asiacap Management Ltd
Nov 28, 2016
$750,000
Elife Property LLC
Pb Associates LLC
Warranty Deed
—
Jul 27, 2005
—
Pb Associates LLC
Vallins,paul
Warranty Deed
—
Sep 27, 2004
$456,000
Paul Vallins
Paine Field Industrial Ctr LLC
Warranty Deed
—
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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