New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,060,000
Assisted living facilities
2430 76th SE Ave Mercer Island, WA 98040-2807
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-1005078
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2007
Construction
STEEL FRAME
Total area
146,160 SF
Lot
0.33 ac (14,488 SF)
Zoning code
TC
APN
531510-1465
UPID
US90-1005078
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Aljoya Mercer Island Retirement Community
-
Lilly's Restaurant at Aljoya Restaurant
-
Nagomi Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Aljoya House At Mercer Island LLC · 20 yrs held
Aljoya House At Mercer Island LLC
since 2005
6 recorded transactions
Zoning & alternative use
TC · Mercer Island, 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 Mercer Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mercer Island 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
$21 / 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
$262,581
Tax year 2022
Assessed value
$42,839,200
Assessed 2022
Previous assessed
$42,839,200
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$3,187,300
Assessed improvement
$39,651,900
Land market value
$3,187,300
Improvement market value
$39,651,900
Total market value
$42,839,200
Applied tax rate
1,031.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Stories
6
Units
112
Total area
146,160 SF
Lot
0.33 ac (14,488 SF)
Zoning code
TC
APN
531510-1465
UPID
US90-1005078
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TC · Mercer Island, WA
Zoning TC · permitted uses
TC · Mercer Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mercer Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Stories
6
Units
112
Lot
0.33 ac
Current owner
From public records · entity-resolved
Aljoya House At Mercer Island LLC
Entity
Mailing address
400 UN ST, SEATTLE, WA 98101-2502
Ownership since
2005
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
Oct 3, 2006
—
Aljoya House Of Mercer Island LLC
—
Deed Of Trust
related
$61,685,000 · Key Bank NA
Oct 7, 2005
$5,950,000
Aljoya House At Mercer Island LLC
Ess LLC
Warranty Deed
$5,962,465 · J I A Investments LLC
Oct 3, 2005
—
Ess LLC
Ewing,stuart W
Quit Claim Deed
related
—
—
—
Aljoya House Of Mercer Island LLC
—
Deed Of Trust
related
—
—
—
Aljoya House Of Mercer Island LLC
—
Deed Of Trust
related
—
—
—
Aljoya House Of Mercer Island LLC
—
Deed Of Trust
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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