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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Assisted living facilities
17201 15th NE Ave Shoreline, WA 98155-5129
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1160916
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Construction
WOOD
Total area
34,560 SF
Lot
1.92 ac (83,564 SF)
Zoning code
CB
APN
616390-1560
UPID
US90-1160916
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
$1.40M
Owner & transaction history
Sante Shoreline LLC · 3 yrs held
Sante Shoreline LLC
since 2022
7 recorded transactions
Zoning & alternative use
CB · Shoreline, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the community business zone CB is to provide location for a wide variety of business activities, such as convenience stores, retail, personal services for the local community, and to allow for apartments and higher intensity mixed use developments
Zone name
Community Business
General category
MIXED_USE
Zone area
103.37 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 Shoreline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoreline 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
$40 / 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
$157,331
Tax year 2022
Assessed value
$13,662,900
Assessed 2022
Previous assessed
$13,662,900
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$3,342,500
Assessed improvement
$10,320,400
Land market value
$3,342,500
Improvement market value
$10,320,400
Total market value
$13,662,900
Applied tax rate
2,266.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
CENTRAL
Cooling
WALL UNIT
Stories
2
Units
90
Total area
34,560 SF
Lot
1.92 ac (83,564 SF)
Zoning code
CB
APN
616390-1560
UPID
US90-1160916
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Shoreline, WAZoning CB · permitted uses
CB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the community business zone CB is to provide location for a wide variety of business activities, such as convenience stores, retail, personal services for the local community, and to allow for apartments and higher intensity mixed use developments
Zone name
Community Business
General category
MIXED_USE
Zone area
103.37 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
90
Lot
1.92 ac
Current owner
From public records · entity-resolved
Sante Shoreline LLC
Entity
Mailing address
1220 20TH ST SE #310, SALEM, OR 97302-1205
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2022
$950,000
Sante Shoreline LLC
Anderson Family Properties LLC
Special Warranty Deed
$600,000 · Halton Co & Stout Family Trust
Dec 16, 2016
$4,725,186
Sante Shoreline Alf Real Co Ll
Anderson Family Properties LLC
Warranty Deed
—
Feb 5, 2002
—
Anderson Family Properties LLC
Abc Enterprises
Quit Claim Deed
related
$1,982,225 · Larry P & Lova Anderson
Feb 5, 2002
$1,808,500
Anderson Family Properties LLC
Barnes,floyd & Pearl K
Grant Deed
$2,332,780 · Pacific Northwest Bank
Feb 5, 2002
$102,100
Anderson Family Properties LLC
Anderson House INC
Grant Deed
related
$102,100 · Anderson House INC
—
—
Anderson Family Properties LLC
—
Loan Modification
related
$1,750,000 · Gbc Int'l Bk
—
—
Anderson Family Properties LLC
—
Deed Of Trust
related
$1,000,000 · Gbc International Bank
—
—
Anderson Family Properties LLC
—
Deed Of Trust
related
$100,000 · Pacific Northwest Bank
—
—
Anderson Family Properties LLC
—
Deed Of Trust
related
$2,800,000 · Gbc International 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.
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