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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Bowling alleys
11819 Renton S Ave Seattle, WA 98178-3723
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0871763
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,459 SF
Lot
3.18 ac (138,508 SF)
Zoning code
CBPSO
APN
122304-9032
UPID
US90-0871763
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
-
DragonZclub Hotel & Motel Resort
-
Lucky Dragonz Casino & Club Nightclub DJ & Entertainment
-
Skyway Park Bowl Bowling Alley
-
Parallel Garage Door Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$745k
Owner & transaction history
Dragon Strike INC · 4 yrs held
Dragon Strike INC
since 2022
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
by Request
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$18 / 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
$67,797
Tax year 2022
Assessed value
$5,361,500
Assessed 2022
Previous assessed
$5,361,500
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,735,500
Assessed improvement
$2,626,000
Land market value
$2,735,500
Improvement market value
$2,626,000
Total market value
$5,361,500
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
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
40,459 SF
Lot
3.18 ac (138,508 SF)
Zoning code
CBPSO
APN
122304-9032
UPID
US90-0871763
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.
Building & site characteristics
From public records
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
1
Lot
3.18 ac
Current owner
From public records · entity-resolved
Dragon Strike INC
Entity
Mailing address
11819 RENTON AVE S, SEATTLE, WA 98178-3723
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Dragon Strike INC
Tom Si Luu
Warranty Deed
—
May 13, 2022
—
Tom Si Luu
—
Deed
related
—
Jan 28, 2020
—
Tom S Luu
Dragon Strike INC
Warranty Deed
—
Nov 7, 2018
—
Dragon Strike INC
Luu,tom S & Mina B
Warranty Deed
related
—
Feb 9, 2018
—
Tom S Luu
—
Deed
related
$1,340,000 · Mufg Union Bk NA
Nov 4, 2013
$1,950,000
Tom S Luu
Excellent Dev Ltd
Warranty Deed
$1,600,000 · Excellent Dev Ltd
Dec 30, 2011
$2,300,000
Excellent Dev Ltd
Kelco Investments LLC
Warranty Deed
$1,800,000 · Kelco Investments LLC
Feb 18, 2011
$1,700,000
Kelco Investments LLC
Pardey LP
Grant Deed
—
Feb 14, 2007
—
The Pardey LP
David G Pardey
Quit Claim Deed
related
$3,070,000 · Blx Capital LLC
—
—
David G Pardey
—
Deed Of Trust
related
$160,000 · Individual
—
—
Rodney H Pardey
—
Deed Of Trust
related
$258,288 · Columbia Credit & Dolsen Leasi
—
—
Pardey
—
Deed Of Trust
related
$250,000 · Kenneth L Hatch
—
—
Pardey
—
Deed Of Trust
related
$100,000 · Arlene E Hatch
—
—
Pardey
—
Deed Of Trust
related
$80,000 · Arlene E Hatch
—
—
Pardey
—
Deed Of Trust
related
$85,000 · Kenneth L Hatch
—
—
David G Pardey
—
Deed Of Trust
related
$1,500,000 · Bank Of America
—
—
Tom S Luu
—
Deed Of Trust
related
$1,340,000 · Mufg Union Bk NA
—
—
David G Pardey
—
Deed Of Trust
related
$100,200 · Deutsche Financial Svcs Corp
—
—
David G Pardey
—
Deed Of Trust
related
$100,000 · Northwest Commercial 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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