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Property profile & analytics
OFF-MARKET
Estimated value
$4,305,000
Retail space
14561 Aurora N Ave Seattle, WA 98133
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-0846959
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
WOOD
Total area
20,045 SF
Lot
1.9 ac (82,911 SF)
Zoning code
MB
APN
282710-0030
UPID
US90-0846959
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
$5.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.31M
Owner & transaction history
Conner & Rubin LLC · 19 yrs held
Conner & Rubin LLC
since 2006
7 recorded transactions
Zoning & alternative use
MB · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,905,000
6.5%
$5,455,000
7%
$5,065,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,110,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$7,085,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$6,890,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.31M
Range $3.87M – $4.74M · ±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
$215 / 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
$70,110
Tax year 2022
Assessed value
$5,341,700
Assessed 2022
Previous assessed
$5,341,700
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$5,322,400
Assessed improvement
$19,300
Land market value
$5,322,400
Improvement market value
$19,300
Total market value
$5,341,700
Applied tax rate
2,263.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
HEAT PUMP
Buildings
2
Stories
2
Total area
20,045 SF
Lot
1.9 ac (82,911 SF)
Zoning code
MB
APN
282710-0030
UPID
US90-0846959
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MB · Seattle, WA
Zoning MB · permitted uses
MB · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
OFFICE BUILDING
Est. value
$7.1M
MEDICAL BUILDING
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
1958
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Buildings
2
Lot
1.9 ac
Current owner
From public records · entity-resolved
Conner & Rubin LLC
Entity
Mailing address
8043 WALLINGFORD AVE N, SEATTLE, WA 98103-4535
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2006
$5,275,000
Conner & Rubin LLC
Pepper Hill Center LLC
Warranty Deed
$3,600,000 · Sterling Savings Bank
May 16, 2006
—
City Of Shoreline
Pepper Hill Center LLC
Warranty Deed
related
—
Apr 30, 2001
—
Pepper Hill Center LLC
—
Trustees Deed
related
$2,000,000 · Pacific Northwest Bank
Aug 3, 1998
—
Pepper Hill Center LLC
Dally,donald F & Suzanne B
Quit Claim Deed
related
—
—
—
Conner & Rubin LLC
—
Loan Modification
related
$3,175,025 · Sterling Savings Bank
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$750,000 · Horizon Bank
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$600,000 · Donald F & Suzanne B Dally
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$3,305,941 · Sterling Savings Bank
—
—
Donald F Dally
—
Deed Of Trust
related
$1,650,000 · Anchor Savings Bank
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$3,650,000 · Boeing Emps Cu
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$90,000 · Raphael Rubin
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$3,242,376 · Sterling Savings Bank
—
—
Conner & Rubin LLC
—
Deed Of Trust
related
$3,295,621 · Sterling Savings Bank
—
—
Conner & Rubin LLC
—
Loan Modification
related
$3,600,000 · Umpqua Bk
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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