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Property profile & analytics
OFF-MARKET
Estimated value
$6,535,000
Warehouses
12687 Gtwy S Dr Tukwila, WA 98168-3357
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0901276
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,862 SF
Lot
2.58 ac (112,183 SF)
Zoning code
C/LI
APN
271600-0040
UPID
US90-0901276
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
$7.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.54M
Owner & transaction history
Hs Property Wa LLC · 2 yrs held
Hs Property Wa LLC
since 2024
Last sale
$6.9M
7 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%
$7,850,000
6.5%
$7,250,000
7%
$6,730,000
Blend value · Realmo final
$6.54M
Range $5.88M – $7.19M · ±10% · vs last sale $6.85M (May 1 2024)
Last sale anchor
$6.85M
May 1 2024
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
$152 / 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
$106,820
Tax year 2022
Assessed value
$9,645,500
Assessed 2022
Previous assessed
$9,645,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,365,400
Assessed improvement
$6,280,100
Land market value
$3,365,400
Improvement market value
$6,280,100
Total market value
$9,645,500
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
42,862 SF
Lot
2.58 ac (112,183 SF)
Zoning code
C/LI
APN
271600-0040
UPID
US90-0901276
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C/LI · Tukwila, WAZoning 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
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
2.58 ac
Current owner
From public records · entity-resolved
Hs Property Wa LLC
Entity
Mailing address
12770 W GTWY DR S, TUKWILA, WA 98168-3309
Ownership since
2024
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
Feb 19, 2025
—
Hs Property Wa LLC
—
Deed
related
$4,800,000 · Bokf NA
Jul 31, 2024
$6,850,000
Hs Property Wa LLC
Boeing Employees Credit Union
Warranty Deed
$3,082,500 · Bokf NA
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
$5,430,415
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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