Entity Owned Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,000 SF
Lot
1.48 ac (64,603 SF)
Zoning code
CB-C
APN
092204-9366
UPID
US90-0525594
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Church
-
Charitable Organization Social Service Agency
-
Food Bank Charitable Organization
-
Travel Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.42M
Owner & transaction history
since 2022
Last sale
$9.5M
6 recorded transactions
Zoning & alternative use
CB-C · Seatac, WA
Zoning description
The purpose of this zone is to provide the highest intensity commercial development within the urban center in the form of retail/personal services for a local service area which exceeds the needs of adjacent neighborhoo…
General category
COMMERCIAL
Top alternative use upside
Restaurant
$9.4M
+85.8%
Commercial (general)
$9.1M
+79.1%
Auto repair, garage
$7.4M
+45.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.42M
Value range
$7.58M – $9.26M
±10% around blend
Estimated value / SF
$468 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$7.58M
blend $8.42M
$9.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,000 SF
Lot area
1.48 ac
Year built
1973
Stories
1
APN
092204-9366
Zoning
CB-C
Assessed value
$3,590,400
Annual tax
$40,638
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$8.08M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.6 mi away · 21,000 SF
16.8 mi away · 22,336 SF
16.8 mi away · 16,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 83 sales
$283
+66%
County 166 sales
$381
+23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $468/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+86%
vs current-use indication
Commercial (general)
Auto Repair, Garage
Retail Stores
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.45M
Move the market yield to see immediate price impact.
Value / SF
$525
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$595k
$11.91M
$8.51M
$6.62M
$662k
$13.23M
$9.45M
$7.35M
$728k
$14.55M
$10.39M
$8.09M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$4.85M
7.0 mi · Sep 2025 · $328/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$40,638
Tax year 2022
Assessed value
$3,590,400
Assessed 2022
Previous assessed
$3,590,400
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,713,300
Assessed improvement
$877,100
Land market value
$2,713,300
Improvement market value
$877,100
Total market value
$3,590,400
Applied tax rate
2,231.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Total area
18,000 SF
Lot
1.48 ac (64,603 SF)
Zoning code
CB-C
APN
092204-9366
UPID
US90-0525594
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB-C · Seatac, WAZoning CB-C · permitted uses
CB-C · Seatac, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this zone is to provide the highest intensity commercial development within the urban center in the form of retail/personal services for a local service area which exceeds the needs of adjacent neighborhoo…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Lot
1.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CB-C
COMMERCIAL
Jurisdiction
Seatac, WA
Recorded code
CB-C
Official district
CB-C
Official district profile
What the municipal code says about CB-C
Zoning description
The purpose of this zone is to provide the highest intensity commercial development within the urban center in the form of retail/personal services for a local service area which exceeds the needs of adjacent neighborhoo…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB-C in Seatac, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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