Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
1927 5th Ave Seattle, WA 98101-1203
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-0057505
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,381 SF
Lot
0.15 ac (6,480 SF)
Zoning code
DOC2 500/300-550
APN
065900-0430
UPID
US90-0057505
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1921 27 Fifth Avenue Holdings LLC · 4 yrs held
1921 27 Fifth Avenue Holdings LLC
since 2021
Last sale
$405,360
7 recorded transactions
Zoning & alternative use
DOC2 500/300-550 · Seattle, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$77,524
Tax year 2022
Assessed value
$9,396,000
Assessed 2022
Previous assessed
$9,396,000
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$9,396,000
Land market value
$9,396,000
Total market value
$9,396,000
Applied tax rate
11.0000
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
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
22,381 SF
Lot
0.15 ac (6,480 SF)
Zoning code
DOC2 500/300-550
APN
065900-0430
UPID
US90-0057505
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DOC2 500/300-550 · Seattle, WA
Zoning DOC2 500/300-550 · permitted uses
DOC2 500/300-550 · 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.
Building & site characteristics
From public records
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
1921 27 Fifth Avenue Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4209 235TH ST, DOUGLASTON, NY 11363-1526
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
—
1921 27 Fifth Avenue Holdings LLC
—
Deed
related
$13,500,000 · Truist Bank
Dec 20, 2021
$405,360
1921 27 Fifth Avenue Holdings LLC
Eitel Associates LLC
Special Warranty Deed
—
May 31, 2019
—
1921 27 Fifth Avenue Holdings LLC
—
Deed
related
$15,000,000 · First Republic Bank
Jun 14, 2017
—
1921-27 Fifth Avenue Holdings
—
Loan Modification
related
$13,500,000 · Bank Of America
Jun 2, 2015
$16,000,000
1921-27 Fifth Avenue Holdings
G4 Cap Seattle Holdings LLC
Trustees Deed
$12,000,000 · Bank Of America
Nov 4, 2009
$13,700,000
G4 Capital Seattle Holdings Ll
Northwest Te Svcs INC
Trustees Deed
related
—
Aug 7, 2007
—
Zrmbh LLC
5th Avenue Brooklyn LLC
Quit Claim Deed
related
$13,712,000 · G4 Capital Partners I LP
Jan 11, 2007
$9,800,000
5th Avenue Brooklyn LLC
Clapton Common LLC
Quit Claim Deed
related
—
Jan 11, 2007
$5,200,000
5th Avenue Brooklyn LLC
None Of Us LLC
Warranty Deed
—
May 27, 1998
$1,125,000
None Of Us A LLC
V Associates
Grant Deed
$2,258,000 · Key Bank NA
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 1927 5th 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.
