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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Distribution centers
1239 King St Seattle, WA 98144-2024
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1186559
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,840 SF
Lot
0.49 ac (21,158 SF)
Zoning code
DMR/C 75/75-170
APN
817010-0350
UPID
US90-1186559
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
-
Rosanna Imports Warehouse Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
Kn Holding LLC · 8 yrs held
Kn Holding LLC
since 2018
7 recorded transactions
Zoning & alternative use
DMR/C 75/75-170 · Seattle, WA
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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,735,000
6.5%
$4,370,000
7%
$4,055,000
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±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
$127 / 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
$42,660
Tax year 2022
Assessed value
$4,761,500
Assessed 2022
Previous assessed
$4,761,500
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$4,760,500
Assessed improvement
$1,000
Land market value
$4,760,500
Improvement market value
$1,000
Total market value
$4,761,500
Applied tax rate
11.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Total area
25,840 SF
Lot
0.49 ac (21,158 SF)
Zoning code
DMR/C 75/75-170
APN
817010-0350
UPID
US90-1186559
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DMR/C 75/75-170 · Seattle, WAZoning DMR/C 75/75-170 · permitted uses
DMR/C 75/75-170 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Kn Holding LLC
Entity
Mailing address
1239 S KING ST, SEATTLE, WA 98144-2024
Ownership since
2018
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
Apr 12, 2018
—
Kn Holding LLC
—
Deed
related
$4,700,000 · Jp Morgan Chase Bk
Apr 9, 2018
—
Kn Holding LLC
—
Deed
related
$2,557,000 · Evergreen Busn Cap
Mar 12, 2018
—
Kn Holding LLC
—
Deed
related
$4,700,000 · Jpmorgan Chase Bank NA
Feb 20, 2018
$8,000,000
Kn Holding LLC
Kof Associates LLC
Warranty Deed
$7,200,000 · Jp Morgan Chase Bk
Mar 14, 2006
—
Kof Associates LLC
Kof Associates
Quit Claim Deed
related
—
Mar 27, 1995
$1,055,000
Kof Associates
J J Properties INC
Grant Deed
$1,014,087 · West One Bank Washington
—
—
Kn Holding LLC
—
Deed Of Trust
related
$4,700,000 · Jp Morgan Chase Bk
—
—
Kn Holding LLC
—
Deed Of Trust
related
$2,557,000 · Evergreen Busn Cap
—
—
Kof Associates
—
Deed Of Trust
related
$521,000 · Evergreen Community Dev Assn
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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