Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$20,085,000
Hotels
15920 Vly Hwy Tukwila, WA 98188-5547
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0799229
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Construction
CONCRETE
Total area
195,696 SF
Lot
3.28 ac (142,988 SF)
Zoning code
TUC-TOD
APN
000580-0024
UPID
US90-0799229
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
$16.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.09M
Owner & transaction history
Seatac West Valley LLC · 1 yrs held
Seatac West Valley LLC
since 2025
Last sale
$26.8M
7 recorded transactions
Zoning & alternative use
TUC-TOD · Tukwila, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The area extending from the bus transit center on Andover Park West eastward towards the Sounder commuter rail or Amtrak station is intended to provide a more compact and vibrant mix of housing, office, lodging and supportive retail and service uses
Zone name
Tukwila Urban Center Transit Oriented Development
General category
COMMERCIAL
Zone area
181.89 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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,430,000
6.5%
$16,090,000
7%
$14,940,000
Blend value · Realmo final
$20.09M
Range $18.08M – $22.09M · ±10% · vs last sale $26.76M (Feb 6 2025)
Last sale anchor
$26.76M
Feb 6 2025
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
$103 / 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
$380,153
Tax year 2022
Assessed value
$36,151,700
Assessed 2022
Previous assessed
$36,151,700
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$3,503,200
Assessed improvement
$32,648,500
Land market value
$3,503,200
Improvement market value
$32,648,500
Total market value
$36,151,700
Applied tax rate
2,426.0000
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
1990
Construction
CONCRETE
Heating
OTHER
Cooling
OTHER
Stories
8
Total area
195,696 SF
Lot
3.28 ac (142,988 SF)
Zoning code
TUC-TOD
APN
000580-0024
UPID
US90-0799229
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TUC-TOD · Tukwila, WAZoning TUC-TOD · permitted uses
TUC-TOD · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The area extending from the bus transit center on Andover Park West eastward towards the Sounder commuter rail or Amtrak station is intended to provide a more compact and vibrant mix of housing, office, lodging and supportive retail and service uses
Zone name
Tukwila Urban Center Transit Oriented Development
General category
COMMERCIAL
Zone area
181.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
8
Lot
3.28 ac
Current owner
From public records · entity-resolved
Seatac West Valley LLC
Entity
Mailing address
350 W HUBBARD ST STE #250, CHICAGO, IL 60654-6926
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
May 6, 2025
$26,756,684
Seatac West Valley LLC
Seatac Hotel Owner LLC
Bargain & Sale Deed
$24,810,151 · Western Alliance Bank
Dec 21, 2020
—
Seatac Hotel Owner LLC
—
Deed
related
$39,604,292 · Aareal Cap
Dec 28, 2018
—
Seatac Hotel Owner LLC
—
Grant Deed
related
$40,000,000 · Aareal Cap
Aug 13, 2015
$19,253,493
Seatac Hotel Owner LLC
Koar Seatac Partners LP
Bargain And Sale Deed
—
Jul 1, 2004
—
Koar-seatac Partners LP
—
Deed Of Trust
related
$20,000,000 · Cdc Mortgage Capital INC
Sep 21, 2000
—
Nelsen Trust
Helen B Nelsen Estate
Quit Claim Deed
related
—
—
—
Seatac Hotel Owner LLC
—
Deed Of Trust
related
$40,000,000 · Aareal Cap
—
—
Seatac Hotel Owner LLC
—
Loan Modification
related
$39,604,292 · Aareal Cap
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15920 Vly Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
