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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Office buildings
19518 International Blvd Seatac, WA 98188-5493
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0382373
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
13,390 SF
Lot
0.89 ac (38,845 SF)
Zoning code
UH-900
APN
042204-9123
UPID
US90-0382373
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
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Blairwood Investments LLC · 2 yrs held
Blairwood Investments LLC
since 2024
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
UH-900 · Seatac, 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 Seatac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seatac 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
$2,250,000
ML approach
$2,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.25M (Jul 12 2024)
Last sale anchor
$2.25M
Jul 12 2024
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
$168 / 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
$25,385
Tax year 2022
Assessed value
$2,289,700
Assessed 2022
Previous assessed
$2,289,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$971,100
Assessed improvement
$1,318,600
Land market value
$971,100
Improvement market value
$1,318,600
Total market value
$2,289,700
Applied tax rate
2,231.0000
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
1983
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Total area
13,390 SF
Lot
0.89 ac (38,845 SF)
Zoning code
UH-900
APN
042204-9123
UPID
US90-0382373
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UH-900 · Seatac, WA
Zoning UH-900 · permitted uses
UH-900 · Seatac, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seatac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Blairwood Investments LLC
Entity
Mailing address
918 S HORTON ST SW APT #1018, SEATTLE, WA 98134-1513
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$2,250,000
Blairwood Investments LLC
Angle Lake Plaza LLC
Warranty Deed
$1,800,000 · Washington Trust Bank
Apr 11, 2007
—
Queen Investment Co
Lea,richard III & Kathleen
Quit Claim Deed
related
—
Apr 11, 2007
$2,000,000
Angle Lake Plaza LLC
Queen Investment
Grant Deed
$3,260,000 · Washington First Int'l Bank
Dec 15, 1997
$1,100,000
Queen Investments Co
Lsr Properties INC
Grant Deed
—
Oct 19, 1988
—
L.s.r. Properties INC
Lakeshore Food C
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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