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Property profile & analytics
FOR LEASE
Office buildings
2200 6Th Ave, Seattle, WA 98121
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1204362
For Lease
$35 SF/Yr
2200 6Th Ave, Seattle, WA 98121
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
STEEL FRAME
Total area
190,642 SF
Lot
0.6 ac (25,920 SF)
Zoning code
DMC 340/290-440
APN
066000-0080
UPID
US90-1204362
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
-
Tesla Service Center Seattle Auto Repair Shop
-
TERRA Staffing Group Employment Agency
-
Early Ronald G MD Physician
-
Advanced Therapeutics Massage Group Alternative Medicine Practice Spa & Massage Center
-
Boohoff Law, P.A. - Auto Accident Lawyers Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.26M
Owner & transaction history
Terreno 6th Ave LLC · 7 yrs held
Terreno 6th Ave LLC
since 2018
4 recorded transactions
Zoning & alternative use
DMC 340/290-440 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$127 / 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
$360,400
Tax year 2022
Assessed value
$43,787,000
Assessed 2022
Previous assessed
$43,787,000
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$27,216,000
Assessed improvement
$16,571,000
Land market value
$27,216,000
Improvement market value
$16,571,000
Total market value
$43,787,000
Applied tax rate
11.0000
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
For Lease
Year built
1968
Construction
STEEL FRAME
Heating
OTHER
Cooling
OTHER
Stories
12
Total area
190,642 SF
Lot
0.6 ac (25,920 SF)
Zoning code
DMC 340/290-440
APN
066000-0080
UPID
US90-1204362
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DMC 340/290-440 · Seattle, WA
Zoning DMC 340/290-440 · permitted uses
DMC 340/290-440 · 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.
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
12
Lot
0.6 ac
Current owner
From public records · entity-resolved
Terreno 6th Ave LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1700 7TH AVE STE #1800, SEATTLE, WA 98101-1312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2018
$12,557,500
Terreno 6th Ave LLC
Bad Dog Investments LLC
Warranty Deed
—
Feb 26, 2018
—
Bad Dog Investments LLC
—
Deed
related
—
Dec 29, 2017
—
Bad Dog Investments LLC
—
Deed
related
$5,789,904 · Heritage Bank
Mar 22, 1999
—
Sixth Properties
—
Deed Of Trust
related
$10,000,000 · Life Investors Insurance
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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