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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Investment properties
1123 34th Ave Seattle, WA 98122-5138
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3251740
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
WOOD
Total area
3,771 SF
Lot
0.08 ac (3,501 SF)
Zoning code
NC1-40 (M)
APN
715220-0310
UPID
US90-3251740
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
-
The Lounging Barber Barber Shop
-
Paul Gray's Barber Lounge Barber Shop
-
Cookies with Tiffany (Bike/Boat/Book/etc) Store Bakery
-
Holiday Skincare Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$765k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Global 125 LLC · 3 yrs held
Global 125 LLC
since 2022
7 recorded transactions
Zoning & alternative use
NC1-40 (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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$172 / 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
$8,856
Tax year 2022
Assessed value
$1,037,000
Assessed 2022
Previous assessed
$1,037,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$945,200
Assessed improvement
$91,800
Land market value
$945,200
Improvement market value
$91,800
Total market value
$1,037,000
Applied tax rate
13.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
3,771 SF
Lot
0.08 ac (3,501 SF)
Zoning code
NC1-40 (M)
APN
715220-0310
UPID
US90-3251740
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC1-40 (M) · Seattle, WA
Zoning NC1-40 (M) · permitted uses
NC1-40 (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
1935
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Global 125 LLC
Entity
Mailing address
827 38TH AVE, SEATTLE, WA 98122-5208
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2022
—
Global 125 LLC
Benjamin Omara Abe
Warranty Deed
—
Jul 25, 2017
—
Benjamin Omara Abe
—
Deed
related
$550,000 · Sound Community Bank
Mar 15, 2016
—
Benjamin O Abe
Global 125 LLC
Quit Claim Deed
—
Dec 29, 2015
—
Global 125 LLC
Abe,benjamin O & Joan W
Warranty Deed
—
Oct 11, 2012
—
Benjamin O Abe
—
Trustees Deed
related
$340,000 · Pacific Crest Savings Bank
Sep 18, 2003
$350,000
Benjamin O Abe
Nesbit,eugene Est
Grant Deed
$250,000 · Northstar Bank
Jul 15, 1999
$244,950
Yiu H Lee
Braunschweig,richard D & Carol L
Grant Deed
$175,000 · Mortgage Market
—
—
Omara B Abe
—
Deed Of Trust
related
$70,000 · Frontier Bank
—
—
Richard D Braunschweig
—
Deed Of Trust
related
$50,400 · Interwest Bank
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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