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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Grocery and convenience stores
17600 Ambaum S Blvd Seattle, WA 98148
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0973463
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Construction
WOOD
Total area
2,680 SF
Lot
0.61 ac (26,442 SF)
Zoning code
CI
APN
322304-9047
UPID
US90-0973463
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
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Mdy Ents LLC · 6 yrs held
Mdy Ents LLC
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
CI · Seattle, WA
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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$1,750,000
ML approach
$1,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±10% · vs last sale $1.80M (Jun 18 2020)
Last sale anchor
$1.80M
Jun 18 2020
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
$670 / 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
$7,508
Tax year 2022
Assessed value
$643,700
Assessed 2022
Previous assessed
$643,700
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$423,000
Assessed improvement
$220,700
Land market value
$423,000
Improvement market value
$220,700
Total market value
$643,700
Applied tax rate
937.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
2,680 SF
Lot
0.61 ac (26,442 SF)
Zoning code
CI
APN
322304-9047
UPID
US90-0973463
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CI · Seattle, WAZoning CI · permitted uses
CI · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Mdy Ents LLC
Entity
Mailing address
3748 S 164TH ST, SEATAC, WA 98188-3040
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
—
Mdy Enterprises LLC
—
Deed
related
$500,000 · Gene Kulinovsky
Sep 11, 2020
—
Mdy Ents LLC
—
Deed
related
$1,000,000 · Donald W Fox
Jun 18, 2020
$1,800,000
Mdy Ents LLC
Kunwoo A Pak
Warranty Deed
$1,000,000 · Pinnacle Com'l Prop LLC
Oct 23, 2018
$500
Joo Y Lee
Pi,donghee
Quit Claim Deed
related
—
Oct 23, 2018
$1,500,000
Young Lee Joo
Chae S Pak
Warranty Deed
$1,075,000 · Commencement Bank
Oct 23, 2018
—
Alex Pak Kunwoo
Jean Kim Pak
Intrafamily Transfer
related
—
Mar 22, 2013
—
Convenience Retailers LLC
—
Deed Of Trust
related
$140,000,000 · Us Bank NA
Mar 16, 2009
—
Convenience Retailers LLC
—
Deed Of Trust
related
$370,000,000 · Conocophillips Co
Mar 19, 2008
$1,188,000
Chae S Pak
Thai,khenh K
Warranty Deed
—
Nov 1, 2004
$1,875,000
Khenh K Thai
Bowen,leroy A & Virginia M
Warranty Deed
$1,100,000 · Northwest Business Bank
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Mdy Ents LLC
—
Deed Of Trust
related
$1,000,000 · Donald W Fox
—
—
Convenience Retailers LLC
—
Loan Modification
related
—
—
—
Convenience Retailers LLC
—
Deed Of Trust
related
—
—
—
Chae S Pak
—
Deed Of Trust
related
$400,000 · Westside Community Bank
—
—
Apro LLC
—
Loan Modification
related
—
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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