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Property profile & analytics
OFF-MARKET
Commercial land
Snoqualmie, WA 98065
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2361379
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.14 ac (6,180 SF)
Zoning code
BG
APN
322408-9042
UPID
US90-2361379
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
Faruk Behluli · 3 yrs held
Faruk Behluli
since 2023
Last sale
$260,000
5 recorded transactions
Zoning & alternative use
BG · Snoqualmie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
inimum lot area; c. R-1-4 subdistrict, 4,000 square foot minimum lot area; 3. R-2 two- and three-family district; 4. R-3 medium density residential district; 5. PR planned residential district; B. Business districts: 1. BG business-general district; 2. BO business-office district; 3. BR business-retail districts: a. BR-1 subdistrict, within the downtown hist…
Zone name
Business General
General category
INDUSTRIAL
Zone area
10.08 ac
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 Snoqualmie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snoqualmie 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
$827
Tax year 2022
Assessed value
$92,700
Assessed 2022
Previous assessed
$92,700
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$92,700
Land market value
$92,700
Total market value
$92,700
Applied tax rate
2,277.0000
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
0.14 ac (6,180 SF)
Zoning code
BG
APN
322408-9042
UPID
US90-2361379
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BG · Snoqualmie, WAZoning BG · permitted uses
BG · Snoqualmie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
inimum lot area; c. R-1-4 subdistrict, 4,000 square foot minimum lot area; 3. R-2 two- and three-family district; 4. R-3 medium density residential district; 5. PR planned residential district; B. Business districts: 1. BG business-general district; 2. BO business-office district; 3. BR business-retail districts: a. BR-1 subdistrict, within the downtown historic district retail overlay zone; b. BR-2 subdistrict, all other BR-zoned areas;
Zone name
Business General
General category
INDUSTRIAL
Zone area
10.08 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Faruk Behluli
Individual
Mailing address
10121 420TH AVE SE, NORTH BEND, WA 98045-8307
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2023
$260,000
Faruk Behluli
James Rich
Warranty Deed
$160,000 · James Rich
Oct 27, 2016
—
James W Rich
—
Deed
related
$98,100 · Su-woon L Rich
Sep 10, 1992
$177,663
James Rich
Drew
Grant Deed
—
Jun 20, 1988
$175,000
Ronald A Drew
Vezzoni.,et Al
Grant Deed
$170,921 · Et Al
—
—
James W Rich
—
Deed Of Trust
related
$98,100 · Su-woon L Rich
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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