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Property profile & analytics
OFF-MARKET
Estimated value
$5,695,000
Office buildings
11111 Aurora N Ave, Seattle, WA 98133-8244
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0196878
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
WOOD
Total area
23,166 SF
Lot
4.15 ac (180,809 SF)
Zoning code
NC3-55 (M)
APN
302604-9008
UPID
US90-0196878
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
Current use
Occupant on record · Public records
-
Gibraltar Remembrance Services Social Service Agency
-
Veterans Memorial Cemetery Cemetery
-
Penelope and Alexander Van Dyke Memorial Social Service Agency
-
Evergreen Washelli Funeral Home & Cemetery Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.70M
Owner & transaction history
Gibraltar Remembrance Svcs L · 9 yrs held
Gibraltar Remembrance Svcs L
since 2016
7 recorded transactions
Zoning & alternative use
NC3-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.3M
+13.5%
Apartment house (5+ units)
$8.2M
+0.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,185,000
Current use
RETAIL STORES
$9,290,000
Change: +13% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$8,215,000
Change: +0% · Conversion: Easy
MEDICAL BUILDING
$7,965,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$6,845,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.70M
Range $5.13M – $6.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$246 / 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
$21,615
Tax year 2022
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
OTHER
Buildings
6
Stories
1
Total area
23,166 SF
Lot
4.15 ac (180,809 SF)
Zoning code
NC3-55 (M)
APN
302604-9008
UPID
US90-0196878
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-55 (M) · Seattle, WA
Zoning NC3-55 (M) · permitted uses
NC3-55 (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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.2M
RETAIL STORES
Est. value
$9.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$8.0M
WAREHOUSE, STORAGE
Est. value
$6.8M
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
6
Lot
4.15 ac
Current owner
From public records · entity-resolved
Gibraltar Remembrance Svcs L
Individual
Mailing address
11111 AURORA AVE N, SEATTLE, WA 98133-8244
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Sep 8, 2016
—
Gibraltar Remembrance Svcs L
—
Deed
related
$3,000,000 · Huntington Nat'l Bk
Dec 15, 2014
—
Gibraltar Remembrance Svcs L|evergreen-washelli Me
—
Loan Modification
related
$3,000,000 · Huntington Nat'l Bk
Apr 27, 2012
—
Gibraltar Remembrance Services
—
Deed Of Trust
related
$6,000,000 · Huntington National Bank
Jul 16, 2010
—
Evergreen-washelli Memorial Pk
—
Deed Of Trust
related
$18,000,000 · Huntington National Bank
Aug 23, 2005
—
Evergreen-washelli Memorial Pk
—
Deed Of Trust
related
$7,000,000 · Key Bank NA
—
—
Remembrance Svcs L Gibraltar
—
Loan Modification
related
$18,000,000 · Huntington National Bank
—
—
Remembrance Svcs L Gibraltar
—
Loan Modification
related
$18,000,000 · Huntington National Bank
—
—
Evergreen Washelli Memorial Pk
—
Deed Of Trust
related
$25,000 · Bank Of America
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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