New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Assisted living facilities
10001 5th NE Ave Seattle, WA 98125-7403
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-1607575
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
CONCRETE
Total area
119,405 SF
Lot
0.97 ac (42,436 SF)
Zoning code
NC3-95 (M)
APN
322604-9568
UPID
US90-1607575
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
$4.99M
Owner & transaction history
Aljoya Thornton Place LLC · 18 yrs held
Aljoya Thornton Place LLC
since 2007
7 recorded transactions
Zoning & alternative use
NC3-95 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$42 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$470,629
Tax year 2022
Assessed value
$56,980,900
Assessed 2022
Previous assessed
$56,980,900
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$6,153,200
Assessed improvement
$50,827,700
Land market value
$6,153,200
Improvement market value
$50,827,700
Total market value
$56,980,900
Applied tax rate
10.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
CENTRAL
Stories
6
Units
143
Total area
119,405 SF
Lot
0.97 ac (42,436 SF)
Zoning code
NC3-95 (M)
APN
322604-9568
UPID
US90-1607575
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-95 (M) · Seattle, WA
Zoning NC3-95 (M) · permitted uses
NC3-95 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE
Heating
CENTRAL
Stories
6
Units
143
Lot
0.97 ac
Current owner
From public records · entity-resolved
Aljoya Thornton Place LLC
Entity
Mailing address
400 UN ST, SEATTLE, WA 98101-2502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Mar 26, 2009
—
Aljoya Thornton Place LLC
—
Deed Of Trust
related
$61,685,000 · Key Bank NA
Nov 20, 2007
—
Aljoya Thornston Place LLC
—
Deed Of Trust
related
$55,350,000 · Key Bank NA
Oct 22, 2007
—
Aljoya Thornton Place LLC
Jia Investments LLC
Grant Deed
—
Jul 17, 2007
$198,389
City Of Seattle
Jia Investments LLC
Warranty Deed
—
Jun 1, 2006
—
J L A Investments LLC
City Of Seattle
Grant Deed
related
—
—
—
Aljoya Thornton Place LLC
—
Deed Of Trust
related
—
—
—
Aljoya Thornton Place LLC
—
Deed Of Trust
related
—
—
—
Thornton Place Aljoya
—
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.
Try Rey
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