Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Retail space
17526 Vashon SW Hwy Vashon, WA 98070-4686
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1124586
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,500 SF
Lot
0.16 ac (6,977 SF)
Zoning code
CBPSO
APN
292303-9068
UPID
US90-1124586
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
-
HOSPITAL ADMIN TRAINING Restaurant
-
The Ruby Brink Restaurant
-
Wandering Goat Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.07M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.86M
Owner & transaction history
Landingatbank LLC · 10 yrs held
Landingatbank LLC
since 2016
7 recorded transactions
Zoning & alternative use
CBPSO · Vashon, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+0.7%
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 Vashon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vashon 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%
$2,235,000
6.5%
$2,065,000
7%
$1,915,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,940,000
Current use
MEDICAL BUILDING
$2,965,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,860,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$2,830,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,600,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$247 / 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
$15,104
Tax year 2022
Assessed value
$1,574,200
Assessed 2022
Previous assessed
$1,574,200
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$181,400
Assessed improvement
$1,392,800
Land market value
$181,400
Improvement market value
$1,392,800
Total market value
$1,574,200
Applied tax rate
4,060.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
7,500 SF
Lot
0.16 ac (6,977 SF)
Zoning code
CBPSO
APN
292303-9068
UPID
US90-1124586
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBPSO · Vashon, WAZoning CBPSO · permitted uses
CBPSO · Vashon, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RETAIL STORES Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Landingatbank LLC
Entity
Mailing address
40 LK BELLEVUE DR STE #245, BELLEVUE, WA 98005-2404
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Landing Bank LLC
—
Deed
related
$1,875,000 · Coastal Community Bank
Feb 3, 2025
—
Landing Bank LLC
—
Deed
related
$1,450,000 · Reit I LLC
Dec 11, 2023
—
Landingbank LLC
—
Deed
related
$200,000 · Seawest Investment Associates LLC
Dec 1, 2023
—
Landing Bank LLC
—
Deed
related
$1,210,000 · Seattle Funding Group Ltd
Sep 17, 2021
—
Landinbank LLC
—
Deed
related
$1,540,000 · Nubridge Commercial Lending LLC
Apr 4, 2016
$1,500,000
Landingatbank LLC
Vashon Landing Properties LLC
Warranty Deed
$132,500 · Vashon Landing Properties LLC
Aug 8, 2001
—
Vashon Landing Properties LLC
Bergman,matthew P & Rebecca
Quit Claim Deed
related
$620,000 · Pacific Northwest Bank
Jul 16, 2001
$800,000
Matthew Bergman
Seidl,david R
Grant Deed
—
Nov 15, 1999
—
1 Goodness INC
Gaynor,christopher B
Quit Claim Deed
related
—
Oct 31, 1997
—
David R Seidl
Washington Exchange Services
Grant Deed
$262,300 · Individual
Jul 22, 1997
$579,000
Washington Exchange Services I
Tate,patrick O & Barbara
Grant Deed
$262,300 · Seller
Aug 5, 1992
$300,000
Patrick O Tate
Chorak,peter M&n
Grant Deed
$291,000 · Seller
Apr 4, 1988
$200,000
Peter M Chorak
Preston
Grant Deed
—
—
—
Vashon Landing Properties LLC
—
Deed Of Trust
related
$676,144 · Sterling Savings Bank
—
—
Vashon Landing Properties LLC
—
Deed Of Trust
related
$750,000 · Evertrust 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
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 17526 Vashon SW 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.
