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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Office buildings
24645 Pacific S Hwy Kent, WA 98032-4077
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1448770
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
FRAME
Total area
4,000 SF
Lot
0.83 ac (36,331 SF)
Zoning code
CM
APN
360180-0295
UPID
US90-1448770
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
-
Salla de Belleza Hair Salon Nail Salon
-
NW DUMPSTER General Contractor Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.58M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.62M
Owner & transaction history
Grays Harbor 47 LLC · 4 yrs held
Grays Harbor 47 LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CM · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+67.3%
Medical building
$1.6M
+51.7%
Retail stores
$1.6M
+50.7%
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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$1,600,000
ML approach
$1,580,000
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,040,000
Current use
AUTO REPAIR, GARAGE
$1,740,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,580,000
Change: +52% · Conversion: Easy
RETAIL STORES
$1,570,000
Change: +51% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,235,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.66M (Apr 12 2022)
Last sale anchor
$1.66M
Apr 12 2022
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
$405 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,814
Tax year 2024
Assessed value
$1,569,400
Assessed 2023
Previous assessed
$132,900
+1,080.9% YoY
Effective rate
0.12%
On assessed value
Assessed land
$569,400
Assessed improvement
$1,000,000
Land market value
$569,400
Improvement market value
$1,000,000
Total market value
$1,569,400
Applied tax rate
1,470.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
2
Stories
1
Total area
4,000 SF
Lot
0.83 ac (36,331 SF)
Zoning code
CM
APN
360180-0295
UPID
US90-1448770
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CM · Kent, WA
Zoning CM · permitted uses
CM · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Grays Harbor 47 LLC
Entity
Mailing address
1037 NE 65TH ST #82191, SEATTLE, WA 98115-6655
Ownership since
2022
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
Apr 12, 2022
$1,655,000
Grays Harbor 47 LLC
Seattle Full Gospel Church
Warranty Deed
$1,537,500 · Coastal Community Bank
Dec 28, 2017
—
Seattle Full Gospel Church
—
Deed
related
$210,000 · Bank Of Wa
Jan 24, 2005
—
City Of Kent
Seattle Full Gospel Church
Quit Claim Deed
related
—
Aug 30, 1991
$480,000
Full Gospel Church Seattle
V P Associatea
Grant Deed
$513,600 · Great Western Bank
—
—
Full Gospel Church Seattle
—
Deed Of Trust
related
$249,161 · Pacific International Bank
—
—
Full Gospel Church Seattle
—
Deed Of Trust
related
$270,000 · Pacific International Bank
—
—
Seattle Full Gospel Church
—
Deed Of Trust
related
$210,000 · Bank Of Wa
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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