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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Casinos
15030 Aurora N Ave Shoreline, WA 98133-6122
Individually Owned
~
Est. High Equity
Property ID
US90-1352604
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1980
Construction
STEEL FRAME
Total area
11,600 SF
Lot
1.17 ac (50,920 SF)
Zoning code
MB
APN
182604-9116
UPID
US90-1352604
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
$4.75M
Owner & transaction history
Lani Cao Cochran
Lani Cao Cochran
since 2026
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
MB · Shoreline, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the mixed business zone MB is to encourage the development of vertical and/or horizontal mixed use buildings or developments along the Aurora Avenue and Ballinger Way corridors
Zone name
Mixed Business
General category
MIXED_USE
Zone area
200.36 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$409 / 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
$43,828
Tax year 2022
Assessed value
$3,565,400
Assessed 2022
Previous assessed
$3,565,400
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,564,400
Assessed improvement
$1,000
Land market value
$3,564,400
Improvement market value
$1,000
Total market value
$3,565,400
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,600 SF
Lot
1.17 ac (50,920 SF)
Zoning code
MB
APN
182604-9116
UPID
US90-1352604
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MB · Shoreline, WAZoning MB · permitted uses
MB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the mixed business zone MB is to encourage the development of vertical and/or horizontal mixed use buildings or developments along the Aurora Avenue and Ballinger Way corridors
Zone name
Mixed Business
General category
MIXED_USE
Zone area
200.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Lani Cao Cochran
Individual
Mailing address
6509 46TH AVE NE, SEATTLE, WA 98115-7629
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
Lani Cao Cochran
Robert Lee Cochran
Deed
related
—
Jan 6, 2026
$4,750,000
Tis Loq 15030 LLC
Lan Investments LLC
Bargain & Sale Deed
—
Aug 13, 2018
—
Lan Investments LLC
Cochran,lani C
Quit Claim Deed
—
Aug 8, 2018
$1,652,075
Lani C Cochran
Heywood-cochran,michael
Warranty Deed
related
—
Jul 30, 2018
—
Lath C Cochran
Western Homes LLC
Warranty Deed
—
Feb 23, 2005
—
City Of Shoreline
Western Homes I
Warranty Deed
—
Oct 31, 2001
—
Western Homes I LP
—
Deed Of Trust
related
$9,435,026 · Gordon W Cochran Family I LP
Oct 17, 1997
$850,000
Home 1 Western
Velasco Trust
Grant Deed
—
Mar 28, 1997
$585,000
Velasco Trust
Moore International INC
Grant Deed
$650,000 · Olympic Coast Investment INC
Jan 8, 1992
$712,500
Casino Club Partnership
Moose Internatio
Grant Deed
$712,500 · Individual
—
—
Western Homes I LP
—
Deed Of Trust
related
$500,000 · Seafirst Bank
—
—
Homes 1 Western
—
Deed Of Trust
related
$1,075,000 · Homestreet 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.
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