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Property profile & analytics
OFF-MARKET
Estimated value
$4,425,000
Distribution centers
115 Dakota St Seattle, WA 98134
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-0511964
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
104,099 SF
Lot
3.28 ac (142,790 SF)
Zoning code
IG1 U/85
APN
617290-0230
UPID
US90-0511964
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
$4.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$4.43M
Owner & transaction history
Triple B Ventures LLC · 5 yrs held
Triple B Ventures LLC
since 2020
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
IG1 U/85 · Seattle, WA
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
$4,235,000
ML approach
$4,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.43M
Range $3.98M – $4.87M · ±10% · vs last sale $4.36M (Oct 16 2020)
Last sale anchor
$4.36M
Oct 16 2020
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
$43 / 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
$186,618
Tax year 2022
Assessed value
$19,672,500
Assessed 2022
Previous assessed
$19,672,500
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$7,853,400
Assessed improvement
$11,819,100
Land market value
$7,853,400
Improvement market value
$11,819,100
Total market value
$19,672,500
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Total area
104,099 SF
Lot
3.28 ac (142,790 SF)
Zoning code
IG1 U/85
APN
617290-0230
UPID
US90-0511964
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG1 U/85 · Seattle, WAZoning IG1 U/85 · permitted uses
IG1 U/85 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Lot
3.28 ac
Current owner
From public records · entity-resolved
Triple B Ventures LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4103 2ND AVE S, SEATTLE, WA 98134-2305
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
$544,729
Triple B Ventures LLC
Mark A Benezra
Warranty Deed
—
Oct 16, 2020
$190,771
Triple B Ventures LLC
Theodore D Sidell
Warranty Deed
—
Oct 16, 2020
$425,016
Triple B Ventures LLC
Sidell Arlene Trust
Warranty Deed
—
Oct 16, 2020
$708,247
Triple B Ventures LLC
Kurt Steinbrecher
Warranty Deed
—
Oct 16, 2020
$194,147
Triple B Ventures LLC
Joshua A Sidell
Warranty Deed
—
Oct 16, 2020
$2,125,082
Triple B Ventures LLC
Rr Terminal INC
Warranty Deed
—
Oct 16, 2020
$2,178,918
Triple B Ventures LLC
Lawrence J Benezra
Warranty Deed
—
Oct 16, 2020
$4,357,834
Triple B Ventures LLC
Weinstein Living Trust
Warranty Deed
—
Oct 16, 2020
$283,230
Triple B Ventures LLC
Arthur D Sidell
Warranty Deed
—
Aug 5, 2020
—
Lifetime Brian H S Trust
Needs Brian S S Trust
Quit Claim Deed
related
—
Apr 12, 2019
—
Theodore D Sidell
Sidell Sanford E
Quit Claim Deed
related
—
Dec 14, 2018
$182,134
Mark A Benezra
Benezra,michael R
Quit Claim Deed
related
—
Dec 21, 2017
—
Kurt Steinbrecher
Steinbrecher Rosalie S
Quit Claim Deed
related
—
Jan 26, 2017
—
Michael R Benezra
Benezra,mark A & Cindy E
Quit Claim Deed
related
—
Dec 28, 2016
—
Ellen J Benezra
Benezra,mark A & Cindy E
Quit Claim Deed
related
—
Dec 29, 2015
—
Weinstein Living Trust
Weinstein,elaine A
Quit Claim Deed
related
—
Sep 10, 2014
—
Sidell,arlene Trust
Sidell,arlene M
Quit Claim Deed
related
—
Oct 7, 2011
$12,500
Mark A Benezra
Sidell,sanford E
Grant Deed
—
Oct 7, 2011
$25,000
Elaine A Weinstein
Sidell,sanford E
Grant Deed
—
Aug 15, 2011
$44,000
Sanford E Sidell
Sidell Steven G
Warranty Deed
related
—
Aug 10, 2011
—
Arthur D Sidell
Sidell Alvin D
Quit Claim Deed
related
—
Mar 25, 2005
—
Steven G Sidell
Sidell,esther
Quit Claim Deed
related
—
Oct 8, 2002
—
D & L Holdings LLC
Goldfarb,bette J
Quit Claim Deed
related
—
May 9, 1997
$50,000
Rr Terminal INC
Russak,joseph M & Adina
Grant Deed
—
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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