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Property profile & analytics
OFF-MARKET
Showrooms
128 Lucile St Seattle, WA 98108-2430
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-2048121
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
0.11 ac (5,000 SF)
Zoning code
IG2 U/85
APN
526330-0845
UPID
US90-2048121
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
-
Mojo Systems Corporate Office Business Park
-
M Global Services, LLC Tech Support Center IT Consulting Firm
-
M Global Services Tech Support Center IT Consulting Firm
-
Access Business Finance Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
128 Lucille LLC · 14 yrs held
128 Lucille LLC
since 2011
7 recorded transactions
Zoning & alternative use
IG2 U/85 · Seattle, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,989
Tax year 2022
Assessed value
$250,000
Assessed 2022
Previous assessed
$250,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$250,000
Land market value
$250,000
Total market value
$250,000
Applied tax rate
10.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Lot
0.11 ac (5,000 SF)
Zoning code
IG2 U/85
APN
526330-0845
UPID
US90-2048121
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/85 · Seattle, WA
Zoning IG2 U/85 · permitted uses
IG2 U/85 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
128 Lucille LLC
Entity
Mailing address
128 S LUCILE ST, SEATTLE, WA 98108-2430
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
—
128 Lucille LLC
—
Deed
related
$2,410,000 · Banner Bank
Sep 13, 2017
—
128 Lucille LLC
—
Grant Deed
related
$2,215,000 · Banner Bk
Sep 7, 2011
$1,145,000
128 Lucille LLC
Access Busn Fin LLC
Warranty Deed
—
Aug 30, 2010
$1,135,000
Access Busn Fin LLC
Regional Te Svcs Corp
Trustees Deed
related
—
Aug 14, 2002
—
John L Asplund
Asplund,kandis J
Quit Claim Deed
related
—
Mar 23, 1993
—
Asplund,bengt E Ttee
Asplund,shirley
Grant Deed
related
—
Jun 30, 1992
$65,000
Bengt Asplund
Mnchew
Grant Deed
—
—
—
J Ptshp
—
Deed Of Trust
related
$322,977 · Bengt E Asplund
—
—
128 Lucille LLC
—
Deed Of Trust
related
$772,000 · Banner Bank
—
—
128 Lucille LLC
—
Deed Of Trust
related
$589,000 · Northwest Busn Dev Assn
—
—
128 Lucille LLC
—
Deed Of Trust
related
$573,409 · Banner Bank
—
—
128 Lucille LLC
—
Deed Of Trust
related
$235,860 · Banner Bank
—
—
J & M Partnership
—
Deed Of Trust
related
$160,000 · First Mutual Savings Bank
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.
Try Rey
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