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Property profile & analytics
OFF-MARKET
Estimated value
$4,630,000
Warehouses
20205 144th NE Ave Woodinville, WA 98072-8478
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-1701985
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,805 SF
Lot
1.89 ac (82,514 SF)
Zoning code
I
APN
032605-9110
UPID
US90-1701985
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
-
HGI Heap Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Ideal Office Suites Real Estate Agency
-
Icell IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Eastside Glass Hardware & Home Improvement Home Decor Store
-
Devel Weaponcraft Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.63M
Owner & transaction history
Simpson Hawley LLC · 18 yrs held
Simpson Hawley LLC
since 2008
7 recorded transactions
Zoning & alternative use
I · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$129 / 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
$63,453
Tax year 2022
Assessed value
$6,833,700
Assessed 2022
Previous assessed
$6,833,700
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,402,700
Assessed improvement
$5,431,000
Land market value
$1,402,700
Improvement market value
$5,431,000
Total market value
$6,833,700
Applied tax rate
2,505.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
35,805 SF
Lot
1.89 ac (82,514 SF)
Zoning code
I
APN
032605-9110
UPID
US90-1701985
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I · Woodinville, WA
Zoning I · permitted uses
I · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
1.89 ac
Current owner
From public records · entity-resolved
Simpson Hawley LLC
Entity
Mailing address
PO BOX 5TH 5, WOODINVILLE, WA 98072-0005
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2017
—
Simpson Hawley LLC
—
Deed
related
$3,650,000 · Banner Bank
Jan 14, 2008
—
Simpson Hawley LLC
Henry II LLC
Quit Claim Deed
related
—
Jan 14, 2008
$6,550,000
Simpson Hawley LLC
Henry II LLC
Warranty Deed
$3,468,000 · Frontier Bank
Apr 17, 2001
—
Henry II LLC
Watson,jeffrey D & Michelle A
Grant Deed
related
—
Jun 11, 1999
$2,675,000
Jeffrey D Watson
Neptune Enterprises INC
Grant Deed
$2,275,000 · Seller
—
—
Simpson Hawley LLC
—
Deed Of Trust
related
$699,919 · Frontier Bank
—
—
Simpson Hawley LLC
—
Deed Of Trust
related
$350,000 · Frontier Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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