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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Retail space
225 Broadway E Seattle, WA 98102-5723
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0658211
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
4,490 SF
Lot
0.11 ac (4,800 SF)
Zoning code
NC3P-75 (M1)
APN
600350-1195
UPID
US90-0658211
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
-
The New York Xchange Clothing Store Boutique
-
A-Pro Home Inspection Seattle Home Inspector Commercial Real Estate Inspector
-
Panache Clothing Clothing Store Gift Shop
-
metroalternative Department Store
-
Metro Clothing Company Clothing Store Costume Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$765k
Owner & transaction history
225 Broadway East LLC · 17 yrs held
225 Broadway East LLC
since 2009
6 recorded transactions
Zoning & alternative use
NC3P-75 (M1) · 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%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$170 / 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
$25,871
Tax year 2022
Assessed value
$3,073,000
Assessed 2022
Previous assessed
$3,073,000
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$3,072,000
Assessed improvement
$1,000
Land market value
$3,072,000
Improvement market value
$1,000
Total market value
$3,073,000
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Total area
4,490 SF
Lot
0.11 ac (4,800 SF)
Zoning code
NC3P-75 (M1)
APN
600350-1195
UPID
US90-0658211
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3P-75 (M1) · Seattle, WA
Zoning NC3P-75 (M1) · permitted uses
NC3P-75 (M1) · 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
1940
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
225 Broadway East LLC
Entity
Mailing address
1301 SPG ST APT 25J, SEATTLE, WA 98104-1354
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Feb 19, 2009
—
225 Broadway East LLC
Treiger,irwin L & Betty L
Quit Claim Deed
related
$170,000 · Commerce Bank Of Washington
May 15, 2008
—
225 Broadway East LLC
Treiger,irwin L & Betty L
Quit Claim Deed
related
—
—
—
Irwin L Teiger
—
Deed Of Trust
related
$60,000 · Us Bank
—
—
Irwin L Treiger
—
Deed Of Trust
related
$389,869 · Us Bank
—
—
Kirsch K J
—
Deed Of Trust
related
$71,200 · Seattle Mortgage Co
—
—
Irwin L Treiger
—
Deed Of Trust
related
$350,000 · Us Bank Of Washington
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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