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Property profile & analytics
OFF-MARKET
Estimated value
$7,320,000
Automotive properties
1157 Central N Ave, Kent, WA 98032-3043
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0588937
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,820 SF
Lot
1.37 ac (59,862 SF)
Zoning code
GC
APN
132204-9146
UPID
US90-0588937
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Bowen Scarff Ford Service Center Auto Repair Shop
-
Bowen Scarff Ford Parts Auto Parts Store
-
Bowen Scarff Ford Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.94M
Blend (final)
Blend
$7.32M
Owner & transaction history
Marker LLC · 3 yrs held
Marker LLC
since 2022
Last sale
$7.8M
5 recorded transactions
Zoning & alternative use
GC · Kent, 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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$6,950,000
ML approach
$7,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,780,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$11,700,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,370,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$7.32M
Range $6.59M – $8.05M · ±10% · vs last sale $7.80M (Aug 31 2022)
Last sale anchor
$7.80M
Aug 31 2022
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
$245 / 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
$32,417
Tax year 2022
Assessed value
$2,752,800
Assessed 2022
Previous assessed
$2,752,800
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,122,400
Assessed improvement
$1,630,400
Land market value
$1,122,400
Improvement market value
$1,630,400
Total market value
$2,752,800
Applied tax rate
1,526.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
29,820 SF
Lot
1.37 ac (59,862 SF)
Zoning code
GC
APN
132204-9146
UPID
US90-0588937
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Kent, WA
Zoning GC · permitted uses
GC · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$11.8M
RETAIL STORES
Est. value
$11.7M
INDUSTRIAL (GENERAL)
Est. value
$11.4M
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Marker LLC
Entity
Mailing address
1157 CENTRAL AVE N, KENT, WA 98032-3043
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$7,800,000
Marker LLC
Jabow INC
Warranty Deed
$7,800,000 · Ford Motor Credit Co
Oct 19, 2009
—
Kristu LLC
—
Deed Of Trust
related
$3,280,000 · Columbia State Bank
May 20, 2004
—
Jabow INC
—
Deed Of Trust
related
$1,000,000 · Washington Mutual Fsb
Mar 29, 2004
—
Jabow INC
—
Deed Of Trust
related
$1,250,000 · Washington Mutual Fsb
—
—
Jabow INC
—
Loan Modification
related
$3,280,000 · Columbia State 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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