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Property profile & analytics
OFF-MARKET
Estimated value
$12,530,000
Investment properties
2326 6th Ave Seattle, WA 98121-1813
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1213604
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
CONCRETE
Total area
64,800 SF
Lot
0.44 ac (19,092 SF)
Zoning code
DMC 240/290-440
APN
069700-0265
UPID
US90-1213604
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
$13.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.53M
Owner & transaction history
Bb6 Seattle LP · 7 yrs held
Bb6 Seattle LP
since 2019
7 recorded transactions
Zoning & alternative use
DMC 240/290-440 · Seattle, WA
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%
$14,255,000
6.5%
$13,160,000
7%
$12,220,000
Blend value · Realmo final
$12.53M
Range $11.28M – $13.78M · ±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
$193 / 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
$178,791
Tax year 2022
Assessed value
$21,576,600
Assessed 2022
Previous assessed
$21,576,600
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$20,046,600
Assessed improvement
$1,530,000
Land market value
$20,046,600
Improvement market value
$1,530,000
Total market value
$21,576,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Total area
64,800 SF
Lot
0.44 ac (19,092 SF)
Zoning code
DMC 240/290-440
APN
069700-0265
UPID
US90-1213604
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DMC 240/290-440 · Seattle, WAZoning DMC 240/290-440 · permitted uses
DMC 240/290-440 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Bb6 Seattle LP
Entity
Mailing address
900 1095TH W PENDER ST VANCOUVER BC VE BC
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
—
Bb6 Seattle Limited Partnership
—
Deed
related
$517,180,240 · Otera Capital Investments Xiv INC
Mar 17, 2021
—
Bb6 Seattle Limited Partnership
—
Deed
related
$30,000,000 · Bmo Harris Bank NA
Jul 2, 2019
$21,250,000
Bb6 Seattle LP
6th & Battery Building LLC
Grant Deed
—
Jul 2, 2019
—
Bb6 Seattle LP
6th & Battery Building LLC
Grant Deed
$30,000,000 · Bmo Harris Bk NA
Mar 14, 2019
—
6th & Battery Building LLC
—
Deed
related
—
Sep 5, 2018
—
6th & Battery Building LLC
—
Deed
related
—
Aug 28, 2018
—
Bb6 Seattlee LP
6th & Battery Building LLC
Grant Deed
—
Aug 28, 2018
$31,250,000
Bb6 Seattle LP
6th & Battery Building LLC
Grant Deed
—
May 2, 2018
—
6th & Battery Building LLC
—
Loan Modification
related
$16,000,000 · Commerce Bk/wa
Feb 21, 2018
—
6th & Battery Building LLC
—
Deed
related
—
Aug 3, 2017
—
6th & Battery Building LLC
—
Deed
related
—
Aug 2, 2016
—
6th & Battery Building LLC
—
Deed
related
$15,000,000 · Commerce Bk/wa
Sep 30, 2015
$26,500,000
6th & Battery Building LLC
Antioch University
Warranty Deed
$18,500,000 · Private Individual
Oct 4, 1996
$3,825,000
Antioch Seattle
P B Investments LP
Grant Deed
$7,500,000 · Us Bank Of Washington
Jun 22, 1994
—
P B Investment
—
Deed Of Trust
related
$13,350,000 · Us Bank Of Washington
—
—
6th & Battery Building LLC
—
Deed Of Trust
related
$15,000,000 · Commerce Bk/wa
—
—
Antioch University
—
Deed Of Trust
related
$6,780,000 · Union Bank
—
—
6th & Battery Building LLC
—
Loan Modification
related
—
—
—
6th & Battery Building LLC
—
Loan Modification
related
—
—
—
6th & Battery Building LLC
—
Loan Modification
related
—
—
—
6th & Battery Building LLC
—
Loan Modification
related
—
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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