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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Medical Office Space
20710 1st S Ave Des Moines, WA 98198-2849
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1458621
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1958
Construction
WOOD
Total area
2,856 SF
Lot
0.42 ac (18,500 SF)
Zoning code
RS-7200
APN
789320-0005
UPID
US90-1458621
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$710k
Owner & transaction history
Sa Des Moines Property LLC · 4 yrs held
Sa Des Moines Property LLC
since 2022
Last sale
$775,000
6 recorded transactions
Zoning & alternative use
RS-7200 · Des Moines, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+19.7%
Retail stores
$1.1M
+16.6%
Office building
$1.0M
+2.8%
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 Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Moines 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
$690,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$980,000
Current use
AUTO REPAIR, GARAGE
$1,175,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,145,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,010,000
Change: +3% · Conversion: Easy
WAREHOUSE, STORAGE
$845,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $775k (Jul 22 2022)
Last sale anchor
$775k
Jul 22 2022
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
$249 / 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
$6,718
Tax year 2022
Assessed value
$592,800
Assessed 2022
Previous assessed
$592,800
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$210,000
Assessed improvement
$382,800
Land market value
$210,000
Improvement market value
$382,800
Total market value
$592,800
Applied tax rate
1,141.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
2,856 SF
Lot
0.42 ac (18,500 SF)
Zoning code
RS-7200
APN
789320-0005
UPID
US90-1458621
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RS-7200 · Des Moines, WA
Zoning RS-7200 · permitted uses
RS-7200 · Des Moines, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Des Moines. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$845,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1958
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Sa Des Moines Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
20710 1ST AVE S, DES MOINES, WA 98198-2849
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Sa Des Moines Property LLC
—
Deed
related
$380,000 · Us Bank NA
Jul 22, 2022
$775,000
Sa Des Moines Property LLC
Deborah J Mauro
Warranty Deed
—
Mar 18, 2019
—
Richard A White
White,frances E & Richard A
Quit Claim Deed
related
—
Mar 18, 2019
$550,000
Deborah J Mauro-bender
White,richard A
Warranty Deed
$440,000 · Richard A White
Apr 30, 2001
$280,000
Richard A White
Routt,ed
Grant Deed
$135,000 · Harold A & Wilma L
Apr 21, 1993
$160,000
Routt
Matz Harold A&wi
Grant Deed
$148,800 · 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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