New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Commercial real estate
11905 Sunset NE Blvd, Renton, WA 98056
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1001861
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1964
Construction
WOOD
Total area
12,641 SF
Lot
0.7 ac (30,600 SF)
Zoning code
CN
APN
082305-9111
UPID
US90-1001861
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
Sarbat Da Bhala INC · 8 yrs held
Sarbat Da Bhala INC
since 2017
7 recorded transactions
Zoning & alternative use
CN · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,780,000
6.5%
$2,565,000
7%
$2,385,000
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$173 / 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
$33,075
Tax year 2022
Assessed value
$3,330,100
Assessed 2022
Previous assessed
$3,330,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$703,800
Assessed improvement
$2,626,300
Land market value
$703,800
Improvement market value
$2,626,300
Total market value
$3,330,100
Applied tax rate
2,100.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
OTHER
Buildings
2
Stories
1
Total area
12,641 SF
Lot
0.7 ac (30,600 SF)
Zoning code
CN
APN
082305-9111
UPID
US90-1001861
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CN · Renton, WA
Zoning CN · permitted uses
CN · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Sarbat Da Bhala INC
Entity
Mailing address
12838 34TH AVE S STE B, AUBURN, WA 98001
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
—
Dharm Khinda
—
Deed
related
$575,000 · Don Small & Sons Oil Distributor Co
Mar 31, 2022
—
Sarbat Da Bhala INC
—
Deed
related
$3,361,000 · Coastal Community Bank
Oct 2, 2017
$3,500,000
Sarbat Da Bhala INC
Friendly Food Mart Mgmt INC
Warranty Deed
$3,640,000 · Pacific Cty Bk
Apr 3, 1998
$1,050,000
Freindly Food Mart Management
Accel Properties INC
Grant Deed
$654,297 · Washington First Int'l Bank
Dec 23, 1996
$950,000
Accel Properties INC
Bae,byung M & Hae K
Grant Deed
$665,000 · Washington First Int'l Bank
Dec 1, 1994
$890,000
Byung M Bae
Chung,byung-teak & Young-in
Grant Deed
$744,000 · City Bank
Dec 29, 1989
$285,000
Byung-teak Chung
Five Investors
Grant Deed
$205,200 · Svgs Bk-puget So
—
—
Friendly Fuels INC
—
Deed Of Trust
related
$390,000 · Don Small & Sons Oil Disturbut
—
—
Friendly Fuels INC
—
Deed Of Trust
related
$1,275,000 · Standard Insurance Co
—
—
Friendly Fuels INC
—
Deed Of Trust
related
$1,400,000 · Don Small & Sons Oil Distribut
—
—
Friendly Fuels INC
—
Deed Of Trust
related
$1,360,000 · Prudential Mortgage Capital Co
—
—
Food Mart Highland
—
Deed Of Trust
related
$130,000 · City Bank
—
—
Friendly Fuels INC
—
Deed Of Trust
related
$60,000 · Don Small & Sons Oil Dist
—
—
Friendly Fuels INC
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11905 Sunset NE Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
