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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Retail space
17547 15th NE Ave Shoreline, WA 98155-3801
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-0714433
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
WOOD
Total area
6,280 SF
Lot
0.36 ac (15,769 SF)
Zoning code
CB
APN
616390-0770
UPID
US90-0714433
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
$1.44M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$1.95M
Owner & transaction history
Gmoon LLC
Gmoon LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CB · Shoreline, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+26.2%
Auto repair, garage
$2.6M
+2.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,560,000
6.5%
$1,440,000
7%
$1,340,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,520,000
Current use
COMMERCIAL (GENERAL)
$3,180,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,585,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,225,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$2,220,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$2,160,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10% · vs last sale $2.00M (Jul 27 2025)
Last sale anchor
$2.00M
Jul 27 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
$310 / 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
$17,197
Tax year 2022
Assessed value
$1,408,300
Assessed 2022
Previous assessed
$1,408,300
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$867,200
Assessed improvement
$541,100
Land market value
$867,200
Improvement market value
$541,100
Total market value
$1,408,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,280 SF
Lot
0.36 ac (15,769 SF)
Zoning code
CB
APN
616390-0770
UPID
US90-0714433
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Shoreline, WA
Zoning CB · permitted uses
CB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shoreline. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
2003
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Gmoon LLC
Entity
Mailing address
6675 NE WINDERMERE RD, SEATTLE, WA 98115-7942
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 27, 2025
$2,000,000
Gmoon LLC
North City Plaza LLC
Warranty Deed
$2,120,500 · Ready Capital Corp
Nov 9, 2017
$500,000
Debra LLC
North City Plaza LLC
Warranty Deed
—
Oct 7, 2013
—
North City Plaza LLC
East,gary W & Sharon P
Quit Claim Deed
related
$424,000 · Bank Of Washington
Apr 20, 2012
—
Geraldine Devos
Devos,geraldine & John W
Quit Claim Deed
related
—
Mar 5, 2003
—
Gary East
—
Trustees Deed
related
$315,000 · Sterling Savings Bank
Feb 27, 1998
$250,000
Gary W East
Golden,david R & Dorice A
Grant Deed
$250,000 · Individual
Nov 14, 1989
$400,000
David R Golden
Go East Corp
Grant Deed
$300,000 · Company Misc
—
—
Gary W East
—
Deed Of Trust
related
$50,000 · 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.
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