New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,170,000
Auto shops
19929 77th S Ave, Kent, WA 98032-1385
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0934408
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1982
Construction
STEEL FRAME
Total area
13,890 SF
Lot
5.38 ac (234,290 SF)
Zoning code
I3
APN
012204-9010
UPID
US90-0934408
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
-
Quala Commercial Cleaning Service
-
Quality Carriers Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.83M
Blend (final)
Blend
$12.17M
Owner & transaction history
Rlf IV 77th Ave S Spe LLC · 1 yrs held
Rlf IV 77th Ave S Spe LLC
since 2025
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
I3 · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+21.8%
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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$12,845,000
ML approach
$8,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,370,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$12.17M
Range $10.95M – $13.39M · ±10% · vs last sale $12.50M (May 27 2025)
Last sale anchor
$12.50M
May 27 2025
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
$876 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$72,572
Tax year 2024
Assessed value
$5,862,400
Assessed 2023
Previous assessed
$5,862,400
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$5,018,400
Assessed improvement
$844,000
Land market value
$5,018,400
Improvement market value
$844,000
Total market value
$5,862,400
Applied tax rate
1,526.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
13,890 SF
Lot
5.38 ac (234,290 SF)
Zoning code
I3
APN
012204-9010
UPID
US90-0934408
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I3 · Kent, WA
Zoning I3 · permitted uses
I3 · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.4M
RESTAURANT
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
1982
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
5.38 ac
Current owner
From public records · entity-resolved
Rlf IV 77th Ave S Spe LLC
Entity
Mailing address
13155 NOEL RD STE #100, DALLAS, TX 75240-5050
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 27, 2025
$12,500,000
Rlf IV 77th Ave S Spe LLC
Quality Carriers INC
Bargain & Sale Deed
—
Dec 11, 2019
—
Quality Carriers INC
—
Loan Modification
related
$150,000,000 · Bank Of America
Feb 1, 2005
$194,000
Christian K Riddle
Gray Hill LLC
Warranty Deed
—
Dec 30, 2003
—
Quality Carriers INC
—
Deed Of Trust
related
$235,000,000 · Credit Suisse First Boston Tte
May 31, 2002
—
Quailty Carriers INC
—
Deed Of Trust
related
$360,000,000 · Credit Suisse First Boston Tte
Oct 9, 2001
$2,475,000
Quality Carriers INC
Matlack Properties INC
Grant Deed
—
Oct 31, 2000
—
Matlack Properties INC
—
Deed Of Trust
related
$75,000,000 · First Union National Bank Ttee
May 28, 1996
—
Super Service INC
Matlack INC
Grant Deed
related
—
—
—
Quality Carriers INC
—
Deed Of Trust
related
—
—
—
Quality Carriers INC
—
Deed Of Trust
related
—
—
—
Quality Carriers INC
—
Loan Modification
related
—
—
—
Quality Carriers INC
—
Loan Modification
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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