Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Distribution centers
1762 6th S Ave Seattle, WA 98134-1609
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0656622
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
110,613 SF
Lot
5.23 ac (227,700 SF)
Zoning code
IG1 U/85
APN
766620-3440
UPID
US90-0656622
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
-
MacMillan-Piper, Inc Freight Service Logistics Company
-
Unicold Corporation Courier Service Postal Service
-
Contex Shipping NW Inc Shipping Company Freight Service
-
TSR Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$2.61M
Owner & transaction history
Predation LLC · 4 yrs held
Predation LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
IG1 U/85 · 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
$2,195,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10% · vs last sale $2.70M (Apr 13 2022)
Last sale anchor
$2.70M
Apr 13 2022
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
$24 / 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
$219,517
Tax year 2022
Assessed value
$21,755,900
Assessed 2022
Previous assessed
$21,755,900
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$19,354,500
Assessed improvement
$2,401,400
Land market value
$19,354,500
Improvement market value
$2,401,400
Total market value
$21,755,900
Applied tax rate
10.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
110,613 SF
Lot
5.23 ac (227,700 SF)
Zoning code
IG1 U/85
APN
766620-3440
UPID
US90-0656622
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG1 U/85 · Seattle, WAZoning IG1 U/85 · permitted uses
IG1 U/85 · 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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
5.23 ac
Current owner
From public records · entity-resolved
Predation LLC
Entity
Mailing address
270 S HANFORD ST STE #100, SEATTLE, WA 98134-1838
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
2960 4th Avenue South LP
—
Deed
related
$11,000,000 · Columbia State Bank
Apr 13, 2022
$1,752,035
Predation LLC
Bel Tempo LLC
Quit Claim Deed
related
—
Apr 11, 2022
—
Bel Tempo LLC
2960 4th Avenue South Ltd Parthersh
Quit Claim Deed
related
—
Nov 10, 2020
$2,700,000
3317 Third Avenue South LP
Dunk LLC
Grant Deed
—
Aug 19, 2020
$3,583,060
Mayers Group Investments LLC
Ron Mayers
Quit Claim Deed
related
—
Aug 18, 2020
—
Ron Mayers
Avenue South LP 2960 4th
Quit Claim Deed
related
—
Oct 9, 2018
$500
Ron Mayers
2960 4th Avenue South LP
Quit Claim Deed
related
—
Apr 17, 2007
$13,500,000
Avenue South 2960 4th
Dempsey Family LLC
Warranty Deed
—
Nov 22, 2004
—
Dempsey Family LLC
Lamken Stephen B Trust
Quit Claim Deed
related
—
Nov 22, 2004
$2,000,000
Dempsey Family LLC
Buck Helen D Trust
Warranty Deed
$2,100,000 · Mariners Bank
Dec 19, 2003
—
Big Shoes LLC
Lamken,steven L
Quit Claim Deed
related
—
Dec 15, 2003
—
Anne M Whipple
Parker,j Buck Est
Grant Deed
related
—
Apr 29, 2003
—
Dempsey,tr
Buck,tr
Grant Deed
related
—
Jan 30, 2003
—
P Kyle
Buck,tr
Grant Deed
related
—
—
—
Avenue South LP 2960 4th
—
Deed Of Trust
related
$1,498,519 · East West 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 1762 6th S Ave?
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.
