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Property profile & analytics
OFF-MARKET
Office Spaces
1425 17th SE St Auburn, WA 98002-6367
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2975059
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1955
Construction
FRAME
Total area
3,800 SF
Lot
0.78 ac (33,969 SF)
Zoning code
RO
APN
192105-9193
UPID
US90-2975059
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Addai Investment Group Aig LLC · 2 yrs held
Addai Investment Group Aig LLC
since 2024
Last sale
$260,000
7 recorded transactions
Zoning & alternative use
RO · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,060
Tax year 2024
Assessed value
$539,400
Assessed 2023
Previous assessed
$539,400
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$305,700
Assessed improvement
$233,700
Land market value
$305,700
Improvement market value
$233,700
Total market value
$539,400
Applied tax rate
133.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
3,800 SF
Lot
0.78 ac (33,969 SF)
Zoning code
RO
APN
192105-9193
UPID
US90-2975059
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RO · Auburn, WAZoning RO · permitted uses
RO · Auburn, 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
1955
Construction
FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Addai Investment Group Aig LLC
Entity
Mailing address
1425 17TH ST SE, AUBURN, WA 98002-6367
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
—
Addai Investment Group Aig LLC
Addai Investment Group LLC
Intrafamily Transfer
related
$850,488 · Cv3 Financial Services LLC
Feb 9, 2022
$260,000
Addai Investment Group LLC
Manuel Lopez
Warranty Deed
$239,780 · Eastside Funding LLC
Nov 16, 2018
—
Manuel Lopez
Eastside Funding LLC
Quit Claim Deed
related
$178,079 · Eastside Funding LLC
Nov 16, 2018
$247,000
Manuel Lopez
Kayleen Keating
Trustees Deed
related
—
Jun 29, 2005
$475,000
Kayleen Keating
Erickson,john E & Shelley A
Warranty Deed
$380,000 · Accredited Home Lenders
Apr 28, 2000
$325,000
John E Erickson
Person,james E
Grant Deed
$310,000 · Seller
Jul 22, 1999
$216,550
James E Person
Person-appolito,michalyn G
Grant Deed
related
—
Apr 26, 1993
—
Michalyn G Person
Person James E
Quit Claim Deed
related
—
—
—
John E Erickson
—
Deed Of Trust
related
$73,000 · Bellevue Mortgage 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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