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Property profile & analytics
OFF-MARKET Estimated value $1,315,000
Commercial land

Mountlake Terrace, WA 98043

0.12 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-2155254
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.12 ac (5,227 SF)
Zoning code F/T
APN 520500902200
UPID US90-2155254
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
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M
Owner & transaction history
Royal Real Estate Company INC · 3 yrs held
Royal Real Estate Company INC
since 2023
Last sale
$1.3M
7 recorded transactions
2024
Price N/A
2023
$1.3M
2011
$399,000
2006
$1.2M
2005
$4,000
2004
Price N/A
1989
$56,750
Zoning & alternative use
F/T · Mountlake Terrace, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

F/T district and SDD district is outlined in Chapters 19.20 through 19.105 MTMC (Land Use Regulations). The procedure for processing site development plans associated with planned unit developments is contained in Chapter 19.115 MTMC (Planned Unit Developments). All other site development plans shall conform to the following regulations: A. Public Hearing. A…

Zone name Freeway And Tourist
General category MIXED_USE
Zone area 29.67 ac
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