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Property profile & analytics
FOR SALE
Day care centers
1225 Anacortes Ave NE, Renton, WA 98059
Entity Owned
Free & Clear
Property ID
US90-0739322
No photos on file
For Sale
$2,890,000
1225 Anacortes Ave NE, Renton, WA 98059
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1987
Construction
WOOD
Total area
7,314 SF
Lot
1.01 ac (44,001 SF)
Zoning code
CA
APN
032305-9044
UPID
US90-0739322
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
$2.08M
Blend (final)
Blend
$2.55M
Owner & transaction history
Noble Pacific Enterprises LLC
Noble Pacific Enterprises LLC
since 2025
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
CA · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+40.8%
Commercial (general)
$3.7M
+35.7%
Auto repair, garage
$3.0M
+10.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,725,000
Current use
RESTAURANT
$3,840,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,700,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,010,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$2,935,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,595,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$2,585,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$2,515,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.78M (Jul 1 2025)
Last sale anchor
$2.78M
Jul 1 2025
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
$348 / 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
$18,848
Tax year 2022
Assessed value
$1,938,200
Assessed 2022
Previous assessed
$1,938,200
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$1,188,000
Assessed improvement
$750,200
Land market value
$1,188,000
Improvement market value
$750,200
Total market value
$1,938,200
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Sale
Year built
1987
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
7,314 SF
Lot
1.01 ac (44,001 SF)
Zoning code
CA
APN
032305-9044
UPID
US90-0739322
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Renton, WA
Zoning CA · permitted uses
CA · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.7M
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
1987
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Noble Pacific Enterprises LLC
Entity
Free & Clear · 0 yrs held
Mailing address
353 101ST AVE SE, BELLEVUE, WA 98004-6130
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$2,780,000
Noble Pacific Enterprises LLC
Beck Holdings LLC
Warranty Deed
—
Jan 5, 2011
$1,850,000
Beck Holdings LLC
Yvonne Wiegel
Warranty Deed
$1,225,000 · Us Bank NA
Apr 10, 2003
$1,700,000
Wiegel,tr
Kinder,care L
Grant Deed
$1,000,000 · Stancorp Mortgage Investors
Jun 23, 1988
—
Kinder Care Learning Center
Kinder-care INC
Grant Deed
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.
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