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Property profile & analytics
OFF-MARKET
Estimated value
$13,085,000
Office buildings
12720 Gtwy S Dr, Tukwila, WA 98168-3333
Individually Owned
11-yr Hold
Free & Clear
Property ID
US90-1234928
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
CONCRETE
Total area
62,655 SF
Lot
5.12 ac (222,820 SF)
Zoning code
C/LI
APN
271600-0070
UPID
US90-1234928
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
$18.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.09M
Owner & transaction history
Emps Cu Boeing · 11 yrs held
Emps Cu Boeing
since 2014
5 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%
$19,555,000
6.5%
$18,050,000
7%
$16,760,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$21,545,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$18,510,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$13.09M
Range $11.78M – $14.39M · ±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
$209 / 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
$187,986
Tax year 2022
Assessed value
$16,868,000
Assessed 2022
Previous assessed
$16,868,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,570,500
Assessed improvement
$11,297,500
Land market value
$5,570,500
Improvement market value
$11,297,500
Total market value
$16,868,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
62,655 SF
Lot
5.12 ac (222,820 SF)
Zoning code
C/LI
APN
271600-0070
UPID
US90-1234928
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$21.5M
WAREHOUSE, STORAGE
Est. value
$18.5M
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1989
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
5.12 ac
Current owner
From public records · entity-resolved
Emps Cu Boeing
Individual
Free & Clear · 11 yrs held
Mailing address
12770 GTWY DR S, TUKWILA, WA 98168-3309
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2014
$15,200,000
Emps Cu Boeing
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
$6,811,335
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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