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Property profile & analytics
OFF-MARKET
Office buildings
11613 Rainier S Ave, Seattle, WA 98178-3945
Individually Owned
16-yr Hold
Free & Clear
Property ID
US90-0430311
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
WOOD
Total area
1,490 SF
Lot
0.2 ac (8,912 SF)
Zoning code
NBP
APN
413680-0230
UPID
US90-0430311
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
-
Allstate Personal Financial Representative: Johnny Lo Insurance Agency
-
Realty Plus Real Estate Agency
-
Landon Suson: Allstate Insurance Insurance Agency
-
A Plus Tax Service 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
by Request
Owner & transaction history
Jean Landon-suson · 16 yrs held
Jean Landon-suson
since 2010
5 recorded transactions
Zoning & alternative use
NBP · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,114
Tax year 2022
Assessed value
$341,600
Assessed 2022
Previous assessed
$341,600
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$222,800
Assessed improvement
$118,800
Land market value
$222,800
Improvement market value
$118,800
Total market value
$341,600
Applied tax rate
4,205.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1960
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
1,490 SF
Lot
0.2 ac (8,912 SF)
Zoning code
NBP
APN
413680-0230
UPID
US90-0430311
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NBP · Seattle, WA
Zoning NBP · permitted uses
NBP · 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
1960
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Jean Landon-suson
Individual
Free & Clear · 16 yrs held
Mailing address
11613 RAINIER AVE S, SEATTLE, WA 98178-3945
Ownership since
2010
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
Feb 22, 2010
—
Jean Landon-suson
Suson,mario D
Quit Claim Deed
related
—
Feb 23, 2004
$285,000
Cendant Mobility Financial Co
Asher,david & Lori
Grant Deed
related
—
Mar 3, 1999
$215,000
Mario D Suson
Campbell,gordon J
Grant Deed
$165,000 · Seller
—
—
Mario D Suson
—
Deed Of Trust
related
$165,000 · Us Bank NA
—
—
Mario Suson
—
Deed Of Trust
related
$57,000 · Seattle Pacific Mortgage INC
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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