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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Commercial real estate
11805 Renton S Ave, Seattle, WA 98178-3713
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1365996
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,882 SF
Lot
0.19 ac (8,400 SF)
Zoning code
CBPSO
APN
122304-9128
UPID
US90-1365996
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
-
The Souk Gallery Clothing Store
-
U-Haul Neighborhood Dealer Car Rental Facility
-
RazorLife7 Hair Studio Barber Shop
-
Hair Like Mines, LLC Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Taylor Tax Inc Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$930k
Owner & transaction history
Salima Mohamath · 3 yrs held
Salima Mohamath
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CBPSO · 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
Method
Estimation
Statistic approach
$975,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,460,000
Current use
AUTO REPAIR, GARAGE
$1,185,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.20M (Nov 23 2022)
Last sale anchor
$1.20M
Nov 23 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
$323 / 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
$5,232
Tax year 2022
Assessed value
$415,300
Assessed 2022
Previous assessed
$415,300
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$176,400
Assessed improvement
$238,900
Land market value
$176,400
Improvement market value
$238,900
Total market value
$415,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
2,882 SF
Lot
0.19 ac (8,400 SF)
Zoning code
CBPSO
APN
122304-9128
UPID
US90-1365996
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBPSO · Seattle, WA
Zoning CBPSO · permitted uses
CBPSO · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Salima Mohamath
Individual
Mailing address
1222 76TH AVE S, SEATTLE, WA 98178
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
$1,200,000
Salima Mohamath
Donald White
Warranty Deed
$810,000 · Donald L White Etal
Jan 15, 2003
—
Gloria L White
White,donald L
Quit Claim Deed
related
—
Jun 6, 1997
$177,500
Donald White
Stusser,david
Grant Deed
$104,700 · Seller
Apr 11, 1994
$117,500
David Stusser
Skyway Office As
Grant Deed
—
—
—
White,donald L & Gloria L
—
Loan Modification
related
$258,053 · First Svgs Bk Nw
—
—
Donald L White
—
Deed Of Trust
related
$292,000 · First Savings Bank Renton
—
—
Donald L White
—
Deed Of Trust
related
$120,000 · First Savings Bank Renton
—
—
Donald L White
—
Deed Of Trust
related
—
—
—
David Stusser
—
Deed Of Trust
related
$107,000 · National Bank Tukwila
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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