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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office buildings
20315 19th NE Ave Shoreline, WA 98155-1214
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1751685
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
FRAME
Total area
3,834 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CB
APN
741770-0530
UPID
US90-1751685
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
$1.32M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.34M
Owner & transaction history
Vision House · 1 yrs held
Vision House
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CB · Shoreline, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+35.2%
Auto repair, garage
$1.8M
+21.8%
Medical building
$1.5M
+4.8%
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 Shoreline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shoreline 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
$1,155,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,445,000
Current use
COMMERCIAL (GENERAL)
$1,955,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,760,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: +5% · Conversion: Easy
RETAIL STORES
$1,505,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.35M (Mar 18 2025)
Last sale anchor
$1.35M
Mar 18 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
$348 / 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
$12,696
Tax year 2024
Assessed value
$938,100
Assessed 2023
Previous assessed
$938,100
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$506,200
Assessed improvement
$431,900
Land market value
$506,200
Improvement market value
$431,900
Total market value
$938,100
Applied tax rate
2,266.0000
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
2003
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
3,834 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CB
APN
741770-0530
UPID
US90-1751685
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Shoreline, WA
Zoning CB · permitted uses
CB · Shoreline, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shoreline. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2003
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Vision House
Individual
Mailing address
20315 19TH AVE NE, SHORELINE, WA 98155-1214
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
$1,350,000
Vision House
Wilson Family Holdings LLC
Warranty Deed
—
Oct 8, 2021
—
Wilson Family Holdings LLC
—
Deed
related
—
Apr 15, 2020
$1,150,000
Wilson Family Holdings LLC
T3s LLC
Warranty Deed
$648,450 · Banner Bank
Mar 5, 2003
—
T3s LLC
Djmi LLC
Quit Claim Deed
related
—
Dec 11, 2002
—
T3s LLC
Taylor,kimberly M
Quit Claim Deed
related
$488,750 · Shoreline Bank
Jul 18, 2001
—
T3s LLC
Taylor,david R
Quit Claim Deed
related
—
Mar 2, 2001
$62,000
David R Taylor
Taylor,david R
Quit Claim Deed
related
$358,870 · Shoreline Bank
Dec 12, 2000
—
David R Taylor
Taylor,kimberly M
Quit Claim Deed
related
—
Jul 21, 2000
$219,000
David R Taylor
Arlander,charlotte
Grant Deed
$186,150 · Shoreline Bank
—
—
T3s LLC
—
Deed Of Trust
related
$625,000 · Sterling Savings Bank
—
—
T3s LLC
—
Deed Of Trust
related
$488,750 · Shoreline 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.
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