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Property profile & analytics
FOR LEASE
Investment properties
2110 NE 65Th St Seattle, WA 98115
Entity Owned
15-yr Hold
Free & Clear
Property ID
US90-1718303
For Lease
$34 SF/Yr
2110 NE 65Th St, Seattle, WA 98115
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1921
Construction
WOOD
Total area
10,470 SF
Lot
0.76 ac (33,184 SF)
Zoning code
NC2P-55 (M)
APN
203850-0045
UPID
US90-1718303
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
by Request
CAP Approach
CAP
$2.88M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$3.24M
Owner & transaction history
Cohanim Shahyar LLC · 15 yrs held
Cohanim Shahyar LLC
since 2010
6 recorded transactions
Zoning & alternative use
NC2P-55 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,115,000
6.5%
$2,875,000
7%
$2,670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,300,000
Current use
AUTO REPAIR, GARAGE
$4,305,000
Change: -19% · Conversion: Difficult
RETAIL STORES
$4,240,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±10%
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
$309 / 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
$89,793
Tax year 2022
Assessed value
$10,288,000
Assessed 2022
Previous assessed
$10,288,000
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$10,287,000
Assessed improvement
$1,000
Land market value
$10,287,000
Improvement market value
$1,000
Total market value
$10,288,000
Applied tax rate
10.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1921
Construction
WOOD
Heating
FORCED AIR
Buildings
3
Stories
2
Total area
10,470 SF
Lot
0.76 ac (33,184 SF)
Zoning code
NC2P-55 (M)
APN
203850-0045
UPID
US90-1718303
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RETAIL STORES
Est. value
$4.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1921
Construction
WOOD
Heating
FORCED AIR
Stories
2
Buildings
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Cohanim Shahyar LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 95950, SEATTLE, WA 98145-2950
Ownership since
2010
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 21, 2025
—
James C Holt
—
Deed
related
$125,000 · Boeing Employees Cu
Feb 28, 2020
—
Cohanim Shahyar LLC
—
Deed
related
$485,000 · Boeing Emps Cu
Nov 24, 2010
—
Cohanim Shahyar LLC
Cohanim,bahram & Porta L
Quit Claim Deed
related
—
—
—
Cohanim Shahyar LLC
—
Deed Of Trust
related
$2,650,000 · Standard Insurance Co
—
—
Cohanim Shahyar LLC
—
Deed Of Trust
related
$485,000 · Boeing Emps Cu
—
—
Bahram Cohanim
—
Deed Of Trust
related
$1,700,000 · Ameritas Life Insurance Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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