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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Medical Office Space
18514 Firlands N Way, Shoreline, WA 98133-3917
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0694155
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
WOOD
Total area
7,612 SF
Lot
0.35 ac (15,222 SF)
Zoning code
TC-3
APN
728390-0420
UPID
US90-0694155
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
$1.37M
Blend (final)
Blend
$985k
Owner & transaction history
18514 Firlands Way North LLC · 2 yrs held
18514 Firlands Way North LLC
since 2024
7 recorded transactions
Zoning & alternative use
TC-3 · Shoreline, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$129 / 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
$27,465
Tax year 2022
Assessed value
$1,066,500
Assessed 2022
Previous assessed
$1,066,500
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$1,065,500
Assessed improvement
$1,000
Land market value
$1,065,500
Improvement market value
$1,000
Total market value
$1,066,500
Applied tax rate
2,263.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
7,612 SF
Lot
0.35 ac (15,222 SF)
Zoning code
TC-3
APN
728390-0420
UPID
US90-0694155
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TC-3 · Shoreline, WA
Zoning TC-3 · permitted uses
TC-3 · 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.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
18514 Firlands Way North LLC
Entity
Mailing address
18514 FIRLANDS WAY N, SHORELINE, WA 98133-3917
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
—
18514 Firlands Way North LLC
Sheryl B Daniel
Warranty Deed
$768,300 · Alpha Mortgage USA INC
Aug 29, 2013
—
Sheryl B Daniel
Daniel,sheryl B
Quit Claim Deed
related
—
Dec 12, 2008
—
Shoreline City
Daniel,sheryl B
Warranty Deed
related
—
Jul 30, 2008
—
Sheryl B Daniel
Daniel,sheryl B
Quit Claim Deed
related
—
Jul 8, 2003
$591,890
Sheryl B Daniel
Oneil,john W & Erika
Grant Deed
$610,987 · John W & Erika Oneil
Jul 14, 1999
$675,000
John W O'neil
Moen,ruth
Grant Deed
$513,447 · Us Bank
Jun 4, 1993
$360,000
Ruth Moen
Highland
Grant Deed
$90,000 · Individual
—
—
Sheryl B Daniel
—
Deed Of Trust
related
$94,500 · Cor Tiele
—
—
Ruth A Moen
—
Deed Of Trust
related
$425,000 · Viking Community Bank
—
—
Center Of Source-centered Living
—
Deed Of Trust
related
$290,737 · Cynthia J Makanishea
—
—
Ruth A Moen
—
Deed Of Trust
related
$510,000 · Viking Community Bank
—
—
Ruth A Moen
—
Deed Of Trust
related
$225,000 · Viking Community 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
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