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Property profile & analytics
OFF-MARKET
Parking lots & garages
Monroe, WA 98272
Entity Owned
~
Est. High Equity
Property ID
US90-2140440
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.25 ac (10,890 SF)
Zoning code
DC
APN
517401802200
UPID
US90-2140440
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
Lewis Monroe LLC
Lewis Monroe LLC
since 2025
7 recorded transactions
Zoning & alternative use
DC · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$1,375
Tax year 2023
Assessed value
$167,900
Assessed 2023
Previous assessed
$168,300
-0.2% YoY
Effective rate
0.82%
On assessed value
Assessed land
$162,000
Assessed improvement
$5,900
Land market value
$162,000
Improvement market value
$5,900
Total market value
$167,900
Applied tax rate
530.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.25 ac (10,890 SF)
Zoning code
DC
APN
517401802200
UPID
US90-2140440
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Monroe, WA
Zoning DC · permitted uses
DC · Monroe, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Lewis Monroe LLC
Entity
Mailing address
1037 NE 65TH ST #80172, SEATTLE, WA 98115-6655
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$4,708,750
Lewis Monroe LLC
Light Space Shadow Lewis LLC
Warranty Deed
$7,891,000 · Washington Trust Bank
Oct 5, 2018
$281
Light Space Shadow Lewis LLC
Zen Lakes LLC
Quit Claim Deed
related
—
Sep 11, 2018
$2,050,000
Zen Lakes LLC
Dunbar,janine M
Warranty Deed
—
Apr 13, 2005
—
Rorry M Dunbar
Dunbar,rorry M & Janine M
Quit Claim Deed
related
—
Jun 27, 2003
—
Drw Partnership
—
Deed Of Trust
related
$1,600,000 · Horizon Bank
—
—
Donbar Warren Gail Dan S Rorry
—
Deed Of Trust
related
$150,000 · Evertrust Bank
—
—
D R W Investments
—
Deed Of Trust
related
$40,328 · First Heritage Bank
—
—
Rorry M Dunbar
—
Deed Of Trust
related
$997,000 · First Heritage Bank
—
—
D R W Investments
—
Deed Of Trust
related
$87,720 · First Heritage Bank
—
—
D R W Investments Partnership
—
Deed Of Trust
related
$100,000 · Horizon Bank
—
—
Warren W Gale
—
Deed Of Trust
related
$450,000 · First Heritage Bank
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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