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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Office buildings
1501 200th St, Shoreline, WA 98133-3301
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-0514927
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
6,689 SF
Lot
1.07 ac (46,417 SF)
Zoning code
NB
APN
222730-0140
UPID
US90-0514927
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
$1.61M
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$1.16M
Owner & transaction history
Aurora Echo Village LLC · 15 yrs held
Aurora Echo Village LLC
since 2010
7 recorded transactions
Zoning & alternative use
NB · Shoreline, 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 Shoreline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoreline 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%
$1,735,000
6.5%
$1,605,000
7%
$1,490,000
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$173 / 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
$20,767
Tax year 2022
Assessed value
$1,672,000
Assessed 2022
Previous assessed
$1,672,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,671,000
Assessed improvement
$1,000
Land market value
$1,671,000
Improvement market value
$1,000
Total market value
$1,672,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
GAS
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
6,689 SF
Lot
1.07 ac (46,417 SF)
Zoning code
NB
APN
222730-0140
UPID
US90-0514927
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Shoreline, WA
Zoning NB · permitted uses
NB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shoreline. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Buildings
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Aurora Echo Village LLC
Entity
Mailing address
PO BOX 333, MERCER ISLAND, WA 98040-0333
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
—
Aurora Echo Village LLC
—
Deed
related
—
May 14, 2018
—
Aurora Echo Village LLC
—
Deed
related
$1,600,000 · East West Bank
Oct 4, 2010
$1,300,000
Aurora Echo Village LLC
Echo Partners LLC
Warranty Deed
$500,000 · Liberty Capital Real Estate Op
Aug 13, 2001
—
Oshikawa Trust
Oshikawa,sadaomi & Phyllis H
Quit Claim Deed
related
—
Oct 31, 2000
—
Echo Partners LLC
Sga Corp
Quit Claim Deed
related
$812,500 · Bank Of America
Jan 20, 2000
—
Sga Corp
—
Deed Of Trust
related
$1,000,000 · Bank Of America
Jan 4, 2000
$1,200,000
Sga Corp
Kretzler,harry H
Grant Deed
—
Nov 25, 1998
$1,265,000
Sadaomi Oshikawa
Lake Park Apartments
Grant Deed
$880,000 · Cascade Bank
—
—
Echo Partners LLC
—
Deed Of Trust
related
$670,000 · Evergreen Community Dev Assn
—
—
Aurora Echo Village LLC
—
Loan Modification
related
—
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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