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Property profile & analytics
OFF-MARKET
Medical Office Space
118 Downing N Ave, North Bend, WA 98045-8301
Individually Owned
16-yr Hold
Free & Clear
Property ID
US90-1007217
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Construction
WOOD
Total area
2,184 SF
Lot
0.13 ac (5,873 SF)
Zoning code
DC
APN
857090-0248
UPID
US90-1007217
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
-
Epigeneering LLC Wellness Program
-
Greg Pfiffner Alternative Medicine Practice
-
Dr. Alastair Harper Alternative Medicine Practice
-
Kobes Legal PLLC Law Firm
-
Alpine Chiropractic Center Alternative Medicine Practice
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
Greg A Pfiffner · 16 yrs held
Greg A Pfiffner
since 2010
7 recorded transactions
Zoning & alternative use
DC · North Bend, 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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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
$8,228
Tax year 2022
Assessed value
$459,900
Assessed 2022
Previous assessed
$459,900
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$188,500
Assessed improvement
$271,400
Land market value
$188,500
Improvement market value
$271,400
Total market value
$459,900
Applied tax rate
1,925.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Total area
2,184 SF
Lot
0.13 ac (5,873 SF)
Zoning code
DC
APN
857090-0248
UPID
US90-1007217
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · North Bend, WA
Zoning DC · permitted uses
DC · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Greg A Pfiffner
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 2388, NORTH BEND, WA 98045-2388
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2010
$44,450
Greg A Pfiffner
Stone,mary C
Quit Claim Deed
related
—
Dec 30, 2004
—
Mary C Stone
Stone,william C
Quit Claim Deed
related
—
Dec 28, 2004
$83,478
Greg C Pfiffner
Scott,katherin
Warranty Deed
$72,000 · Katherina A Scott
Jul 29, 2002
$299,000
Katherin Scott
Josephine E Noble Estate
Grant Deed
$220,000 · Popular Financial Services LLC
—
—
Josephine E Noble Estate
—
Deed Of Trust
related
$210,000 · Individual
—
—
Katherin Scott
—
Deed Of Trust
related
$22,000 · E-loan INC
—
—
Greg A Pfiffner
—
Deed Of Trust
related
$178,000 · Robert & Elaine Pfiffner
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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