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Property profile & analytics
OFF-MARKET
Estimated value
$6,285,000
Office buildings
1155 130th St, Seattle, WA 98133-7601
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-3362964
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
CONCRETE
Total area
25,557 SF
Lot
0.73 ac (31,800 SF)
Zoning code
NC3-75 (M)
APN
192604-9218
UPID
US90-3362964
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
-
Lageschulte Roger E Law Firm
-
Associated Behavioral Health Health
-
Feola Ronald S CPA Accounting Firm Tax Preparation
-
Megan Lee Tax Corporation Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.29M
Owner & transaction history
City Of Seattle · 12 yrs held
City Of Seattle
since 2014
5 recorded transactions
Zoning & alternative use
NC3-75 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.3M
+13.5%
Apartment house (5+ units)
$9.1M
+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
$9,030,000
Current use
RETAIL STORES
$10,250,000
Change: +13% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$9,065,000
Change: +0% · Conversion: Easy
MEDICAL BUILDING
$8,790,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$7,550,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.29M
Range $5.66M – $6.91M · ±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
$6,005
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
CONCRETE
Heating
HEAT PUMP
Stories
4
Total area
25,557 SF
Lot
0.73 ac (31,800 SF)
Zoning code
NC3-75 (M)
APN
192604-9218
UPID
US90-3362964
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-75 (M) · Seattle, WA
Zoning NC3-75 (M) · permitted uses
NC3-75 (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
$9.0M
RETAIL STORES
Est. value
$10.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.8M
WAREHOUSE, STORAGE
Est. value
$7.6M
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
CONCRETE
Heating
HEAT PUMP
Stories
4
Lot
0.73 ac
Current owner
From public records · entity-resolved
City Of Seattle
Entity
Mailing address
PO BOX 94689, SEATTLE, WA 98124-4689
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2014
$3,750,000
City Of Seattle
Kims Investments Props LLC
Warranty Deed
—
Feb 1, 2011
—
Kims Investments Properties LLC
Sung Kim Chang
Quit Claim Deed
related
$1,000,000 · Us Bank NA
Feb 28, 2006
$4,200,000
Sung Kim Chang
Pacific International Bank
Warranty Deed
$3,000,000 · Pacific International Bank
Aug 31, 2004
$2,650,000
Pacific International Bank
Greer,james M
Warranty Deed
related
—
Oct 1, 1999
$2,425,000
James M Greer
Aurora Group LP
Grant Deed
$1,200,000 · Cascade 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.
Try Rey
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