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Property profile & analytics
OFF-MARKET
Retail space
16425 Southcenter Pkwy Tukwila, WA 98188-3304
Entity Owned
Free & Clear
Property ID
US90-1171126
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
WOOD
Total area
4,636 SF
Lot
0.87 ac (38,080 SF)
Zoning code
TUC-CC
APN
537920-0290
UPID
US90-1171126
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
by Request
Owner & transaction history
Msp Prosser Re LLC
Msp Prosser Re LLC
since 2026
Last sale
$5.3M
3 recorded transactions
Zoning & alternative use
TUC-CC · Tukwila, 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 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
—
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
$19,900
Tax year 2022
Assessed value
$1,714,600
Assessed 2022
Previous assessed
$1,714,600
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,713,600
Assessed improvement
$1,000
Land market value
$1,713,600
Improvement market value
$1,000
Total market value
$1,714,600
Applied tax rate
2,421.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
OTHER
Buildings
2
Stories
1
Total area
4,636 SF
Lot
0.87 ac (38,080 SF)
Zoning code
TUC-CC
APN
537920-0290
UPID
US90-1171126
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TUC-CC · Tukwila, WA
Zoning TUC-CC · permitted uses
TUC-CC · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tukwila. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
2
Lot
0.87 ac
Current owner
From public records · entity-resolved
Msp Prosser Re LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3626 NE 45TH ST STE #300, SEATTLE, WA 98105-5653
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
$5,300,000
Msp Prosser Re LLC
Ebp Properties LLC
Warranty Deed
—
Jan 12, 2012
—
Ebp Properties LLC
Eichler Richard S
Quit Claim Deed
related
—
—
—
Sarm Ents
—
Deed Of Trust
related
$780,000 · Sterling Savings 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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