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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Hotels
15451 53rd S Ave Tukwila, WA 98188-2338
Entity Owned
Free & Clear
Property ID
US90-1575778
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Construction
WOOD
Total area
30,888 SF
Lot
2.24 ac (97,545 SF)
Zoning code
RCM
APN
115720-0031
UPID
US90-1575778
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Esa C2 Portfolio LLC
Esa C2 Portfolio LLC
since 2025
7 recorded transactions
Zoning & alternative use
RCM · Tukwila, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
18.20.050) Chapter 18.22 NEIGHBORHOOD COMMERCIAL CENTER (NCC) DISTRICT (§ 18.22.010 - § 18.22.060) Chapter 18.24 REGIONAL COMMERCIAL (RC) DISTRICT (§ 18.24.010 - § 18.24.060) Chapter 18.26 REGIONAL COMMERCIAL MIXED-USE (RCM) DISTRICT (§ 18.26.010 - § 18.26.050) Chapter 18.28 TUKWILA URBAN CENTER (TUC) DISTRICT (§ 18.28.010 - § 18.28.280) Chapter 18.30 COMMER…
Zone name
Regional Commercial Mixed Use
General category
MIXED_USE
Zone area
66.72 ac
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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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
$41 / 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
$131,159
Tax year 2022
Assessed value
$12,178,300
Assessed 2022
Previous assessed
$12,178,300
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,780,100
Assessed improvement
$10,398,200
Land market value
$1,780,100
Improvement market value
$10,398,200
Total market value
$12,178,300
Applied tax rate
2,408.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
3
Total area
30,888 SF
Lot
2.24 ac (97,545 SF)
Zoning code
RCM
APN
115720-0031
UPID
US90-1575778
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RCM · Tukwila, WAZoning RCM · permitted uses
RCM · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
18.20.050) Chapter 18.22 NEIGHBORHOOD COMMERCIAL CENTER (NCC) DISTRICT (§ 18.22.010 - § 18.22.060) Chapter 18.24 REGIONAL COMMERCIAL (RC) DISTRICT (§ 18.24.010 - § 18.24.060) Chapter 18.26 REGIONAL COMMERCIAL MIXED-USE (RCM) DISTRICT (§ 18.26.010 - § 18.26.050) Chapter 18.28 TUKWILA URBAN CENTER (TUC) DISTRICT (§ 18.28.010 - § 18.28.280) Chapter 18.30 COMMERCIAL/LIGHT INDUSTRIAL (C/LI) DISTRICT (§ 18.30.010 - § 18.30.050) Chapter 18.32 LIG
Zone name
Regional Commercial Mixed Use
General category
MIXED_USE
Zone area
66.72 ac
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
3
Lot
2.24 ac
Current owner
From public records · entity-resolved
Esa C2 Portfolio LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Esa C2 Portfolio LLC
Esa P Portfolio LLC
Bargain & Sale Deed
—
Jun 22, 2021
—
Esa P Portfolio LLC
—
Deed
related
—
Jan 12, 2006
—
Bre Of Esa P Portfolio LLC
Bre Of Esa Properties LLC
Quit Claim Deed
—
Jun 1, 2004
—
Bre/esa Properties LLC
Esa Washington INC
Quit Claim Deed
related
$2,050,000,000 · Mers Trustee
May 31, 1996
$515,000
Esa 0806 INC
Highland Partnership 1980 Ltd
Grant Deed
—
Jun 30, 1995
$275,000
Ptshp 1980 Highland
Krdc INC
Grant Deed
—
—
—
Highland Partnership 1980 Ltd
—
Deed Of Trust
related
$145,000 · Anes Trust
—
—
Highland Partnership 1980 Ltd
—
Deed Of Trust
related
$75,000 · Individual
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.
Try Rey
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