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Property profile & analytics
OFF-MARKET
Day care centers
24234 Issaquah Fall City Rd, Issaquah, WA 98029
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0190332
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1933
Construction
WOOD
Total area
1,352 SF
Lot
0.82 ac (35,774 SF)
Zoning code
R4
APN
222406-9061
UPID
US90-0190332
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Issaquah Montessori Props LLC · 17 yrs held
Issaquah Montessori Props LLC
since 2009
7 recorded transactions
Zoning & alternative use
R4 · Issaquah, 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 Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah 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
—
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
$6,993
Tax year 2022
Assessed value
$638,700
Assessed 2022
Previous assessed
$638,700
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$313,300
Assessed improvement
$325,400
Land market value
$313,300
Improvement market value
$325,400
Total market value
$638,700
Applied tax rate
2,200.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1933
Construction
WOOD
Heating
FORCED AIR
Buildings
3
Stories
1
Bathrooms
1
Total area
1,352 SF
Lot
0.82 ac (35,774 SF)
Zoning code
R4
APN
222406-9061
UPID
US90-0190332
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Issaquah, WA
Zoning R4 · permitted uses
R4 · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1933
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
3
Bathrooms
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Issaquah Montessori Props LLC
Entity
Mailing address
175 NE GILMAN BLVD STE #100, ISSAQUAH, WA 98027-2955
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Issaquah Montessori Properties LLC
—
Deed
related
$2,500,000 · Banner Bank
Apr 10, 2012
—
Issaquah Montessori Properties
—
Deed Of Trust
related
$1,320,000 · American West Bank
Feb 25, 2009
$1,300,000
Issaquah Montessori Props LLC
Issaquah Montessori Ltd
Grant Deed
$1,207,389 · Sterling Savings Bank
Jul 13, 1998
$7,720
King County (wa)
Issaquah Montessori Ltd
Grant Deed
—
Nov 24, 1993
$377,000
Issaquah Montessori Ltd
Eastridge Christ
Grant Deed
$313,000 · First Interstate Bank Washingt
Feb 25, 1988
—
Christian Assembl Eastridge
Northwest Distri
Grant Deed
related
—
—
—
Issaquah Montessori Ltd
—
Deed Of Trust
related
$250,000 · Cascade Bank
—
—
Issaquah Montessori Ltd
—
Deed Of Trust
related
$327,000 · Cascade Bank
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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