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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Medical Office Space
227 153rd St, Burien, WA 98166-2313
Entity Owned
14-yr Hold
Free & Clear
Property ID
US90-3112468
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,655 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DC
APN
122100-0345
UPID
US90-3112468
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
M & R Properties LLC · 14 yrs held
M & R Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
DC · Burien, 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 Burien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burien 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%
$1,355,000
6.5%
$1,250,000
7%
$1,160,000
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$159 / 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
$13,457
Tax year 2022
Assessed value
$1,215,900
Assessed 2022
Previous assessed
$1,215,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$195,000
Assessed improvement
$1,020,900
Land market value
$195,000
Improvement market value
$1,020,900
Total market value
$1,215,900
Applied tax rate
937.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
5,655 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DC
APN
122100-0345
UPID
US90-3112468
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Burien, WA
Zoning DC · permitted uses
DC · Burien, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burien. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
M & R Properties LLC
Entity
Free & Clear · 14 yrs held
Mailing address
19455 4TH AVE SW, NORMANDY PARK, WA 98166-4054
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2012
$575,000
M & R Properties LLC
Aurora Bk Fsb
Grant Deed
—
Nov 8, 2011
$527,000
Aurora Bk Fsb
Fidelity National Title
Trustees Deed
related
—
Jun 13, 2008
$850,000
Knb Holdings LLC
Jack L Talerico
Warranty Deed
$680,000 · Lehman Brothers Bank Fsb
Sep 22, 2004
—
Jack L Talerico
Holliday,john H
Quit Claim Deed
related
—
Sep 2, 2003
$525,000
Jack L Talerico
Uchimura,tr
Grant Deed
$420,000 · Us Bank NA
Oct 25, 2002
—
Uchimura,tr
Uchimura,masayoshi & Margaret
Quit Claim Deed
related
—
—
—
Jack L Talerico
—
Deed Of Trust
related
$398,112 · Bank Of America
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
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