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Property profile & analytics
OFF-MARKET
Office buildings
Marysville, WA 98270
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2202916
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1922
Total area
1,091 SF
Lot
0.18 ac (7,841 SF)
Zoning code
ML
APN
508100200400
UPID
US90-2202916
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
Eight Street Group LLC · 23 yrs held
Eight Street Group LLC
since 2003
7 recorded transactions
Zoning & alternative use
ML · Marysville, 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 Marysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marysville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$721
Tax year 2023
Assessed value
$120,900
Assessed 2023
Previous assessed
$75,000
+61.2% YoY
Effective rate
0.60%
On assessed value
Assessed land
$115,200
Assessed improvement
$5,700
Land market value
$115,200
Improvement market value
$5,700
Total market value
$120,900
Applied tax rate
511.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1922
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
1,091 SF
Lot
0.18 ac (7,841 SF)
Zoning code
ML
APN
508100200400
UPID
US90-2202916
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
ML · Marysville, WA
Zoning ML · permitted uses
ML · Marysville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marysville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Eight Street Group LLC
Entity
Mailing address
801 STATE AVE, MARYSVILLE, WA 98270-4289
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2018
—
Eighth Street Group LLC
—
Loan Modification
related
$1,309,617 · Coastal Cmnty Bk
Apr 10, 2018
—
Eighth Street Group LLC
—
Grant Deed
related
$1,246,367 · Coastal Cmnty Bk
Aug 1, 2003
—
Eighth Street Group LLC
—
Grant Deed
related
$1,050,000 · Frontier Bank
May 21, 2003
—
Eight Street Group LLC
Rowley,james C
Quit Claim Deed
related
—
Feb 15, 2002
$85,000
James C Rowley
Brown,lance & Rebecca
Grant Deed
$43,281 · Lance & Rebecca Brown
Oct 23, 1998
$69,000
Lance Brown
Brown,kelly M
Grant Deed
related
$44,000 · Seller
—
—
Eight Street Group LLC
—
Deed Of Trust
related
$931,432 · Sterling Bank
—
—
Eighth Street Group LLC
—
Deed Of Trust
related
$258,500 · Coastal Cmnty Bk
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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