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Property profile & analytics
OFF-MARKET
Estimated value
$9,815,000
Warehouses
12674 Gtwy S Dr, Tukwila, WA 98168-3307
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1272804
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
70,550 SF
Lot
4.4 ac (191,790 SF)
Zoning code
C/LI
APN
271600-0020
UPID
US90-1272804
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
$11.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.82M
Owner & transaction history
Nicola Gcc LP · 6 yrs held
Nicola Gcc LP
since 2019
6 recorded transactions
Zoning & alternative use
C/LI · Tukwila, 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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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%
$12,925,000
6.5%
$11,930,000
7%
$11,080,000
Blend value · Realmo final
$9.82M
Range $8.83M – $10.80M · ±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
$139 / 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
$161,078
Tax year 2022
Assessed value
$14,447,100
Assessed 2022
Previous assessed
$14,447,100
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,753,700
Assessed improvement
$8,693,400
Land market value
$5,753,700
Improvement market value
$8,693,400
Total market value
$14,447,100
Applied tax rate
2,401.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
70,550 SF
Lot
4.4 ac (191,790 SF)
Zoning code
C/LI
APN
271600-0020
UPID
US90-1272804
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C/LI · Tukwila, WA
Zoning C/LI · permitted uses
C/LI · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tukwila. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
4.4 ac
Current owner
From public records · entity-resolved
Nicola Gcc LP
Entity
Mailing address
12886 INTERURBAN AVE S, TUKWILA, WA 98168-3318
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2019
$40,000,000
Nicola Gcc LP
Employees Cu Boeing
Trustees Deed
$25,600,000 · Miscellaneous Ins Co
Dec 27, 2016
$78,000,000
Boeing Emps Cu
Rreef America Reit II Co Mmmm7
Grant Deed
—
Jan 5, 2006
$73,300,000
Rreef America Reit II Corp
Amb Institutional Alliance Fun
Grant Deed
—
Mar 27, 2000
—
Institutional Alliance Fun Amb
—
Deed Of Trust
related
$27,000,000 · Gateway Diablo Funding Co INC
May 26, 1999
$5,951,580
Institutional Alliance Fun Amb
Gateway Corporate Properties
Grant Deed
—
Nov 30, 1998
—
Gateway Corporate Properties
—
Deed Of Trust
related
$155,000,000 · Salomon Brothers Realty Corp
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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