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Property profile & analytics
FOR LEASE
Specialty properties
1207 152Nd St, Shoreline, WA 98133
Entity Owned
15-yr Hold
Free & Clear
Property ID
US90-0154332
No photos on file
For Lease
$2,212/Mo
1207 152Nd St, Shoreline, WA 98133
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,540 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MB
APN
182604-9046
UPID
US90-0154332
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
1207 North 152nd LLC · 15 yrs held
1207 North 152nd LLC
since 2010
7 recorded transactions
Zoning & alternative use
MB · Shoreline, 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 Shoreline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoreline 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
$21 / 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
$6,260
Tax year 2022
Assessed value
$4,474,100
Assessed 2022
Previous assessed
$4,474,100
+0.0% YoY
Effective rate
0.14%
On assessed value
Assessed land
$3,214,700
Assessed improvement
$1,259,400
Land market value
$3,214,700
Improvement market value
$1,259,400
Total market value
$4,474,100
Applied tax rate
2,263.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
For Lease
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
29,540 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MB
APN
182604-9046
UPID
US90-0154332
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MB · Shoreline, WA
Zoning MB · permitted uses
MB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shoreline. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
1.23 ac
Current owner
From public records · entity-resolved
1207 North 152nd LLC
Entity
Free & Clear · 15 yrs held
Mailing address
1207 N 152ND ST, SHORELINE, WA 98133-6247
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
Dec 22, 2010
—
1207 North 152nd LLC
Scottish Rite Temple Of Seattle
Warranty Deed
—
Mar 5, 2009
$2,700,000
Scottish Rite Temple Of Seattle
Cheyenne Des Loups Mutins LLC
Warranty Deed
—
Aug 22, 1997
—
Et Tuu INC
Iago INC
Quit Claim Deed
related
$1,000,000 · Wilshire State Bank
Dec 31, 1991
$2,400,000
Et Tuu INC&iago INC
Old Stone Bank
Grant Deed
$1,920,000 · Seller
—
—
Cheyenne Des Loups Mutins LLC
—
Deed Of Trust
related
$2,625,000 · Frontier Bank
—
—
Cheyenne Des Loups Mutins LLC
—
Deed Of Trust
related
$3,150,000 · Columbia State Bank
—
—
Cheyenne Des Loups Mutins LLC
—
Deed Of Trust
related
$1,000,000 · Wilshire State Bank
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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