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Property profile & analytics
OFF-MARKET
Estimated value
$7,620,000
Investment properties
1529 Queen Anne N Ave Seattle, WA 98109-2878
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0190335
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Construction
STEEL FRAME
Total area
42,282 SF
Lot
0.08 ac (3,600 SF)
Zoning code
NC2P-55 (M)
APN
423290-3850
UPID
US90-0190335
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
-
The Gilbert House Apartments Apartment Building
-
Authora (Bike/Boat/Book/etc) Store Corporate Office
-
Center For Classical Five Elem Alternative Medicine Practice Acupuncture
-
Inner Brilliance Chiropractic - Queen Anne Alternative Medicine Practice
-
Second Nature Massage & Healing Arts - Jennifer Cea, LMT Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.62M
Owner & transaction history
Gilbert Seattle Group LLC · 3 yrs held
Gilbert Seattle Group LLC
since 2022
7 recorded transactions
Zoning & alternative use
NC2P-55 (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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,300,000
6.5%
$8,585,000
7%
$7,975,000
Blend value · Realmo final
$7.62M
Range $6.86M – $8.38M · ±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
$180 / 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
$205,293
Tax year 2022
Assessed value
$25,200,000
Assessed 2022
Previous assessed
$25,200,000
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$900,000
Assessed improvement
$24,300,000
Land market value
$900,000
Improvement market value
$24,300,000
Total market value
$25,200,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
CENTRAL
Stories
4
Units
54
Total area
42,282 SF
Lot
0.08 ac (3,600 SF)
Zoning code
NC2P-55 (M)
APN
423290-3850
UPID
US90-0190335
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-55 (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
2005
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
4
Units
54
Lot
0.08 ac
Current owner
From public records · entity-resolved
Gilbert Seattle Group LLC
Entity
Mailing address
940 EMMETT AVE STE #200, BELMONT, CA 94002-3864
Ownership since
2022
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
Dec 6, 2022
—
Gilbert Seattle Group LLC
Carson City Parkway LLC
Intrafamily Transfer
related
—
Jan 7, 2021
—
Alpha Land Partners LLC
Seattle Gilbert Investors LLC
Grant Deed
related
—
Mar 11, 2020
—
Carson City Parkway LLC
—
Deed
related
$19,800,000 · Comerica Bank
Mar 6, 2020
—
Civic Center Wg Investors LLC
Seattle Gilbert Investors LLC
Grant Deed
—
Dec 12, 2019
$30,600,000
Carson City Parkway LLC
Lpf Gilbert House LLC
Grant Deed
—
Jun 28, 2013
$23,836,500
Lpf Gilbert House LLC
Gilbert House LLC
Grant Deed
—
Dec 6, 2004
—
Gilbert House LLC
Easthom Investments LLC
Grant Deed
$10,800,000 · Golf Savings Bank
Nov 8, 1999
—
Easthom Investments LLC
Easthom,glen O & Patricia I
Quit Claim Deed
related
—
—
—
Gilbert House LLC
—
Deed Of Trust
related
$250,000 · Golf Savings Bank
—
—
Gilbert House LLC
—
Deed Of Trust
related
$11,575,000 · Wells Fargo Bank NA Wells Fargo Bank NA
—
—
Glen O Easthom
—
Deed Of Trust
related
$220,000 · City Bank
—
—
Carson City Parkway LLC
—
Deed Of Trust
related
$19,800,000 · Comerica Bk
—
—
Easthom Imvestments LLC
—
Deed Of Trust
related
$500,000 · Commerce Bank Of Washington
—
—
Easthom Investments LLC
—
Deed Of Trust
related
$250,000 · Commerce Bank Of Washington
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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