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Property profile & analytics
OFF-MARKET
Estimated value
$3,740,000
Office buildings
1920 34th St, Seattle, WA 98103-9008
Entity Owned
~
Est. High Equity
Property ID
US90-0054565
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
CONCRETE
Total area
11,368 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C1P-55 (M)
APN
408330-6575
UPID
US90-0054565
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
-
Virginia Grayson Real Estate Agency
-
Gretchen Gordon Real Estate Agency
-
Michelle Codd Your Seattle Area Realtor Real Estate Agency
-
Christine Lewis Real Estate Agency
-
Julie Beall Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.46M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.74M
Owner & transaction history
Arpc Holdings 3 LLC
Arpc Holdings 3 LLC
since 2026
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
C1P-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+32.6%
Auto repair, garage
$4.7M
+3.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,825,000
6.5%
$4,455,000
7%
$4,135,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,500,000
Current use
RESTAURANT
$5,965,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,675,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,030,000
Change: -10% · Conversion: Easy
MEDICAL BUILDING
$3,910,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.74M
Range $3.37M – $4.11M · ±10% · vs last sale $3.50M (Jan 28 2026)
Last sale anchor
$3.50M
Jan 28 2026
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
$329 / 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
$27,094
Tax year 2022
Assessed value
$3,167,900
Assessed 2022
Previous assessed
$3,167,900
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$2,232,000
Assessed improvement
$935,900
Land market value
$2,232,000
Improvement market value
$935,900
Total market value
$3,167,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
11,368 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C1P-55 (M)
APN
408330-6575
UPID
US90-0054565
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1P-55 (M) · Seattle, WA
Zoning C1P-55 (M) · permitted uses
C1P-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.5M
RESTAURANT
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2010
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Arpc Holdings 3 LLC
Entity
Mailing address
1920 N 34TH ST, SEATTLE, WA 98103-9008
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
$3,500,000
Arpc Holdings 3 LLC
Wlv LLC
Warranty Deed
$1,752,500 · Seattle Bank
Aug 19, 2022
—
Wlv LLC
—
Deed
related
$2,300,000 · Homestreet Bank
Oct 29, 2007
$1,510,000
Wlv LLC
Wallingford Space LLC
Warranty Deed
—
Jan 30, 2007
$1,530,000
Wallingford Space LLC
Elizabeth Jane Harris
Warranty Deed
$765,000 · Wells Fargo Bank NA
Nov 22, 2006
—
Harris Marital Trust
Harris Douglas T
Quit Claim Deed
related
—
Dec 28, 2001
—
Douglas T Harris
Harris Trust
Quit Claim Deed
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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