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Property profile & analytics
OFF-MARKET
Commercial land
Anacortes, WA 98221
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-2245517
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.98 ac (42,645 SF)
APN
340205-0-040-0500
UPID
US90-2245517
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Srnn LLC · 14 yrs held
Srnn LLC
since 2012
7 recorded transactions
Zoning & alternative use
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 Anacortes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anacortes 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,603
Tax year 2022
Assessed value
$302,100
Assessed 2021
Previous assessed
$302,100
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$302,100
Land market value
$302,100
Total market value
$302,100
Applied tax rate
901.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.98 ac (42,645 SF)
APN
340205-0-040-0500
UPID
US90-2245517
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
Srnn LLC
Entity
Free & Clear · 14 yrs held
Mailing address
7645 STATE RTE 20, ANACORTES, WA 98221-8311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Jun 14, 2012
$1,700,000
Srnn LLC
Wib Properties-fidalgo LLC
Grant Deed
—
Nov 10, 2011
—
Wib Properties-fidalgo LLC
Whidbey Island Bk
Grant Deed
—
Nov 10, 2011
$2,500,000
Whidbey Island Bk
Gilbert,jeffrey P
Trustees Deed
related
—
Jun 8, 2007
$5,250,000
Hsjj Co LLC
Chang,ju Y & Chae S
Warranty Deed
$4,418,978 · City Bank
Apr 11, 2006
—
Fidalgo Country Inn
Fidalgo Country Inn LLC
Quit Claim Deed
related
—
Feb 27, 2006
—
Commodore Motor Hotel INC
Frontier Bank
Quit Claim Deed
related
—
Jan 25, 2006
$4,300,000
Ju Y Chang
Commodore Motor Hotel INC
Grant Deed
$3,353,183 · City Bank
Aug 31, 2005
—
Fidalgo Country Inn LLC
City Of Anacortes
Grant Deed
related
—
Sep 25, 1995
$225,000
Bainbridge Inn Associates
Yatta Trading Co Ltd
Grant Deed
$150,000 · 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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