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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
154 Frnt N St, Issaquah, WA 98027-3234
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1555148
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1936
Construction
WOOD
Total area
1,878 SF
Lot
0.17 ac (7,323 SF)
Zoning code
CBD
APN
760060-0030
UPID
US90-1555148
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
$670k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
154 Front Street North LLC · 10 yrs held
154 Front Street North LLC
since 2016
6 recorded transactions
Zoning & alternative use
CBD · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$955,000
+16.0%
Auto repair, garage
$860,000
+4.5%
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 Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah 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%
$730,000
6.5%
$670,000
7%
$625,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$825,000
Current use
COMMERCIAL (GENERAL)
$955,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$740,000
Change: -10% · Conversion: Easy
RETAIL STORES
$735,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$317 / 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
$6,425
Tax year 2022
Assessed value
$845,100
Assessed 2022
Previous assessed
$845,100
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$585,800
Assessed improvement
$259,300
Land market value
$585,800
Improvement market value
$259,300
Total market value
$845,100
Applied tax rate
1,405.0000
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
1936
Construction
WOOD
Heating
CENTRAL
Stories
2
Total area
1,878 SF
Lot
0.17 ac (7,323 SF)
Zoning code
CBD
APN
760060-0030
UPID
US90-1555148
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Issaquah, WA
Zoning CBD · permitted uses
CBD · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$860,000
MEDICAL BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1936
Construction
WOOD
Heating
CENTRAL
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
154 Front Street North LLC
Entity
Mailing address
5516 17TH AVE NW, SEATTLE, WA 98107-5205
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2021
—
154 Front Street North LLC
—
Deed
related
$623,000 · Umpqua Bank
Apr 29, 2016
$800,000
154 Front Street North LLC
Do Stuff Issaquah LP
Warranty Deed
$720,000 · Do Stuff Issaquah LP
Sep 2, 2014
$400,000
Do Stuff Issaquah LP
Front Street Associates LLC
Grant Deed
—
May 22, 2014
—
Front Street Associates LLC
Cawrse,robert T & Marie K
Warranty Deed
—
Oct 15, 2013
—
Front Street Associates LLC
Cawrse,robert T & Marie K
Warranty Deed
—
Jan 15, 1993
$2,500
Michael J Mills
Cawrse Robert T&
Grant Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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