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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
19603 Vashon SW Hwy Vashon, WA 98070-6053
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1177214
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1903
Construction
WOOD
Total area
2,178 SF
Lot
0.73 ac (31,960 SF)
Zoning code
CBPSO
APN
062203-9016
UPID
US90-1177214
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
-
Francisco's Barber Shop Barber Shop
-
Fuller Store Tour Operator
-
Jennifer Loomis Photography - Vashon Island Photography Service (Bike/Boat/Book/etc) Store
-
Golden Afternoon Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$750k
Owner & transaction history
19603 LLC · 2 yrs held
19603 LLC
since 2024
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
CBPSO · Vashon, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+30.0%
Auto repair, garage
$1.0M
+17.0%
Medical building
$860,000
+0.7%
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 Vashon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vashon 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
RETAIL STORES
$855,000
Current use
COMMERCIAL (GENERAL)
$1,110,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,000,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$860,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$820,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Mar 12 2024)
Last sale anchor
$750k
Mar 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
$344 / 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
$3,945
Tax year 2022
Assessed value
$392,700
Assessed 2022
Previous assessed
$392,700
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$287,600
Assessed improvement
$105,100
Land market value
$287,600
Improvement market value
$105,100
Total market value
$392,700
Applied tax rate
4,055.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1903
Construction
WOOD
Heating
HOT WATER
Stories
2
Total area
2,178 SF
Lot
0.73 ac (31,960 SF)
Zoning code
CBPSO
APN
062203-9016
UPID
US90-1177214
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBPSO · Vashon, WAZoning CBPSO · permitted uses
CBPSO · Vashon, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$860,000
OFFICE BUILDING
Est. value
$820,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
1903
Construction
WOOD
Heating
HOT WATER
Stories
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
19603 LLC
Entity
Mailing address
1301 SPG ST APT 17A, SEATTLE, WA 98104-1352
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
$500,000
19603 LLC
Mcconnell Real Estate LLC
Quit Claim Deed
related
—
Sep 30, 2015
$750,000
Mcconnell Real Estate LLC
Stump Foundation LLC
Warranty Deed
$375,000 · Puget Sound Bank
May 31, 2005
$400,000
Slump Foundation LLC
Jungemann,neil D & Barbara G
Warranty Deed
$320,000 · Barbara G Jungemann
Apr 15, 1993
$125,000
Neil D Jungemann
Therkelsen,rober
Grant Deed
$112,500 · Seller
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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