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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Office buildings
13741 Lk City NE Way, Seattle, WA 98125-3615
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0363384
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,570 SF
Lot
0.22 ac (9,709 SF)
Zoning code
NC3-75 (M)
APN
382170-0150
UPID
US90-0363384
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
-
IEH Laboratories Laboratory
-
Ajaxx Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Daniel Oyharcabal · 7 yrs held
Daniel Oyharcabal
since 2018
7 recorded transactions
Zoning & alternative use
NC3-75 (M) · 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
$140 / 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
$16,212
Tax year 2022
Assessed value
$1,769,400
Assessed 2022
Previous assessed
$1,769,400
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$902,900
Assessed improvement
$866,500
Land market value
$902,900
Improvement market value
$866,500
Total market value
$1,769,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
13,570 SF
Lot
0.22 ac (9,709 SF)
Zoning code
NC3-75 (M)
APN
382170-0150
UPID
US90-0363384
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-75 (M) · Seattle, WA
Zoning NC3-75 (M) · permitted uses
NC3-75 (M) · 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
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Daniel Oyharcabal
Individual
Mailing address
7500 ROOSEVELT WAY NE, SEATTLE, WA 98115-4221
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2018
—
Daniel Oyharcabal
13741 Lake City Way Ne LLC
Quit Claim Deed
related
—
Jul 18, 2018
$3,400,000
Abadan Holdings LLC
Stephenson,gordon & Mary
Grant Deed
related
—
Jul 3, 2018
—
Daniel Oyharcabal
13741 Lake City Way Ne LLC
Quit Claim Deed
related
—
Apr 26, 2010
—
13741 Lake City Way Ne LLC
Oyharcabal,daniel & Paola
Quit Claim Deed
related
—
Feb 15, 2002
$720,000
Gordon Stephenson
Sterling Savings Bank
Grant Deed
$600,000 · Jeff Stewart
Jan 31, 2002
$810,333
Sterling Savings Bank
Dykstra,douglas D & Elizabeth J
Trustees Deed
related
—
—
—
Douglas Dykstra
—
Deed Of Trust
related
$50,000 · Individual
—
—
Douglas Dykstra
—
Deed Of Trust
related
$60,000 · Individual
—
—
Douglas Dykstra
—
Deed Of Trust
related
$30,000 · Individual
—
—
Douglas D Dykstra
—
Deed Of Trust
related
$100,000 · Individual
—
—
Gordon Stephenson
—
Deed Of Trust
related
$660,003 · Evergreenbank
—
—
Douglas D Dykstra
—
Deed Of Trust
related
$150,000 · Individual
—
—
Douglas D Dykstra
—
Deed Of Trust
related
$289,000 · Internal Revenue Service
—
—
Douglas Dykstra
—
Deed Of Trust
related
$150,000 · Seller
—
—
Douglas D Dykstra
—
Deed Of Trust
related
$840,000 · Sterling Savings Association
—
—
Douglas Dykstra
—
Deed Of Trust
related
$547,532 · Litho Development & Research
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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