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Property profile & analytics
OFF-MARKET Estimated value $705,000
Retail space

10124 18th St E Ct Edgewood, WA 98371-1308

2,241 SF 0.4 ac lot Built 1957
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1157449
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction WOOD FRAME
Total area 2,241 SF
Lot 0.4 ac (17,628 SF)
Zoning code TC
APN 3630000090
UPID US90-1157449
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
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
$785k
Blend (final) Blend
$705k
Owner & transaction history
Rainier Development Partners LLC · 5 yrs held
Rainier Development Partners LLC
since 2021
Last sale
$635,000
7 recorded transactions
2021
$635,000
2010
$412,500
2000
$198,000
1994
$175,000
1992
$150,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TC · Edgewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Town Center (TC) zoning district is envisioned as the heart of Edgewood, a well-designed, pedestrian-friendly community center that embodies Edgewood’s distinctive local character and rural roots. Borrowing from traditional town development patterns and forms, the TC is envisioned as the most walkable area of the city, with a mix of multistory and single…

Zone name Town Center
General category AGRICULTURAL
Zone area 113.09 ac
Top alternative use upside
Commercial (general) $1.1M +57.0%
Neighborhood: shopping center $955,000 +37.9%
Auto repair, garage $865,000 +24.8%
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