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Property profile & analytics
OFF-MARKET
Estimated value
$20,800,000
Manufacturing properties
Arlington, WA 98223
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2274722
Property profile
Verified
Property type
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Year built
2008
Total area
7,200 SF
Lot
2.51 ac (109,336 SF)
Zoning code
GI
APN
31051100305000
UPID
US90-2274722
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
$22.35M
Blend (final)
Blend
$20.80M
Owner & transaction history
Paul Taylor · 5 yrs held
Paul Taylor
since 2021
Last sale
$19.3M
7 recorded transactions
Zoning & alternative use
GI · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$22,345,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.80M
Range $18.72M – $22.88M · ±10% · vs last sale $19.25M (Jan 7 2021)
Last sale anchor
$19.25M
Jan 7 2021
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
$2,889 / 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
$18,332
Tax year 2023
Assessed value
$2,375,000
Assessed 2023
Previous assessed
$1,349,000
+76.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$809,300
Assessed improvement
$1,565,700
Land market value
$809,300
Improvement market value
$1,565,700
Total market value
$2,375,000
Applied tax rate
110.0000
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
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Status
Off-Market
Year built
2008
Heating
YES
Cooling
NONE
Stories
1
Total area
7,200 SF
Lot
2.51 ac (109,336 SF)
Zoning code
GI
APN
31051100305000
UPID
US90-2274722
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GI · Arlington, WA
Zoning GI · permitted uses
GI · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
2.51 ac
Current owner
From public records · entity-resolved
Paul Taylor
Individual
Mailing address
BELLEVUE, WA 98005
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
$19,250,000
Paul Taylor
Cook Investments Nw Indust Park LLC
Warranty Deed
$10,500,000 · Northwest Bank
Oct 27, 2020
—
Cook Investments Nw Indust Park LLC
—
Deed
related
$13,078,000 · Coastal Community Bank
Jun 11, 2020
—
Cook Invs Nw Indust Pk LLC
—
Deed
related
$1,000,000 · Three Girl Holdings LLC
Sep 25, 2019
—
Cook Invs Nw Indust Pk LLC
—
Grant Deed
related
$1,250,000 · Gallery Capital LLC
Feb 6, 2009
—
Cook Invs Nw Indust Pk LLC
—
Deed Of Trust
related
$12,000,000 · Horizon Bank
Feb 5, 2009
—
Cook Invs Nw Indust Pk LLC
—
Deed Of Trust
related
$4,585,000 · United Commercial Bank
May 2, 2006
$196,000
Cook Investments Nw Indust Pk
Claxton,clifford T & Judith
Warranty Deed
$186,000 · Clifford T & Judith Claxton
Jan 16, 1998
$84,000
Clifford T Claxton
Van Valkenburgh,opal
Grant Deed
$74,000 · Seller
—
—
Cook Invs Nw Indust Pk LLC
—
Deed Of Trust
related
$1,000,000 · Three Girl Holdings LLC
—
—
Cook Invs Nw Indust Park LLC
—
Deed Of Trust
related
—
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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