Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    220 110th St Seattle, WA 98133-8733

    • Residential income homes
    • 2,580 SF
    • 0.15 lot acres
    OFF-MARKET
    Last Sale
    Mar 13, 2023
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-3136274
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 220 110th St

    Year built
    1951
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    2,580 SF
    Zone code
    LR3 (M)
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    891050-0705
    APU
    8910500705

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $775,000
      6.5%
      $715,000
      7%
      $665,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $915,000
      Current use
      OFFICE BUILDING
      $910,000
      Change: -0% Conversion: Moderate
      MEDICAL BUILDING
      $885,000
      Change: -3% Conversion: Moderate
      WAREHOUSE, STORAGE
      $760,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.356
    Latitude
    47.7089
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,697
    $933,900
    $138,100
    $1,072,000
    -
    $933,900
    $138,100
    $1,072,000

    Comparable in this City

    • Value Estimation
      $1,015,000
      6,720 SF

      11020 Greenwood N Ave

      BOARDING/ROOMING HOUSE • 6,720 SF
      11020 Greenwood N Ave, Seattle, WA 98133-8739
      View Details
    • Value Estimation
      $1,920,000
      13,450 SF

      1301 200th St

      BOARDING/ROOMING HOUSE • 13,450 SF
      1301 200th St, Shoreline, WA 98133-3204
      View Details
    • Value Estimation
      $860,000
      5,720 SF

      918 103rd St

      BOARDING/ROOMING HOUSE • 5,720 SF
      918 103rd St, Seattle, WA 98133-5109
      View Details
    • Value Estimation
      $800,000
      5,300 SF

      16068 Greenwood N Ave

      BOARDING/ROOMING HOUSE • 5,300 SF
      16068 Greenwood N Ave, Shoreline, WA 98133-5668
      View Details
    • Value Estimation by Request
      8,928 SF

      207 104Th St

      Multifamily properties • 8,928 SF
      207 104Th St, Seattle, WA 98133
      View Details
    • Value Estimation by Request
      8,070 SF

      10740 Greenwood Ave

      Multifamily properties • 8,070 SF
      10740 Greenwood Ave, Seattle, WA 98133
      View Details

    Similar Nearby for Sale

    • $4,350,000

      Shoreline 23-Unit Apartment Building

      23-unit apartment building in Shoreline with value-add renovation potential.
      1115 183Rd St, Shoreline, WA 98133
      View Details
    • $2,750,000

      Greenwood Multifamily Investment Opportunity

      9-unit apartment building in Seattle's Greenwood neighborhood.
      207 104Th St, Seattle, WA 98133
      View Details
    • $5,600,000

      Greenwood North Apartments Investment Opportunity

      Prime value-add investment in Seattle's sought-after Greenwood neighborhood.
      13322 Greenwood Ave N, Seattle, WA 98133
      View Details
    • $4,000,000

      20-Unit Townhome Development Opportunity

      20-unit townhome development opportunity in prime Seattle location.
      10520 Greenwood Ave N, Seattle, WA 98133
      View Details
    • $1,400,000

      Midvale Apartments: Income Upside Potential

      Well-maintained apartment building with income potential in a convenient location.
      10335 Midvale Ave N, Seattle, WA 98133
      View Details
    • $3,550,000

      Seattle Multifamily Property on Greenwood

      18-unit apartment community in North Seattle with modern upgrades.
      11534 Greenwood Ave N, Seattle, WA 98133
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      40,000 SF

      Redeveloping Retail Space in Shoreline

      Retail showroom and highbay warehouse space available near Central Market.
      15405 Westminster Way, Shoreline, WA 98133
      View Details
    • $4,200 /Mo
      12,678 SF

      Warehouse Space in Shoreline Area

      Warehouse space for sublease in north Seattle/Shoreline area.
      16715 Aurora Ave N, Shoreline, WA 98133
      View Details
    • Contact for pricing
      27,488 SF

      Warehouse with Office and Showroom

      Warehouse/office/showroom with 22' ceilings, dock and grade doors.
      1330 N 131St St, Seattle, WA 98133
      View Details
    • $16 SF/Yr
      8,800 SF

      Retail and Warehouse Space Available

      8,800 SF retail/warehouse space in high-density area.
      15403-15507 Westminster Way N, Shoreline, WA 98133
      View Details
    • $10,500 /Mo
      3,172 SF

      Aurora Avenue Commercial Property For Rent

      Shop and office space available for rent on Aurora Avenue.
      12715 Aurora Ave North, Seattle, WA 98133
      View Details
    • Contact for pricing
      2,997 SF

      Warehouse, Office, and Yard Space

      Contractor opportunity with warehouse, office, and yard near I-5.
      14309 Midvale Ave N, Seattle, WA 98133
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 110th St
    Seattle, WA 98133-8733
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.