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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
25 2nd NW St Auburn, WA 98001-4901
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0356896
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD
Total area
4,992 SF
Lot
0.15 ac (6,600 SF)
Zoning code
DUC
APN
049200-0070
UPID
US90-0356896
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
$752k
Blend (final)
Blend
$725k
Owner & transaction history
Multicare Health System · 10 yrs held
Multicare Health System
since 2016
7 recorded transactions
Zoning & alternative use
DUC · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$145 / 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
$7,937
Tax year 2022
Assessed value
$587,300
Assessed 2022
Previous assessed
$587,300
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$99,000
Assessed improvement
$488,300
Land market value
$99,000
Improvement market value
$488,300
Total market value
$587,300
Applied tax rate
133.0000
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
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
4,992 SF
Lot
0.15 ac (6,600 SF)
Zoning code
DUC
APN
049200-0070
UPID
US90-0356896
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DUC · Auburn, WA
Zoning DUC · permitted uses
DUC · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Multicare Health System
Individual
Mailing address
14400 PO BOX 5299TH AVE, TACOMA, WA 98415-0299
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2016
$525,000
Multicare Health System
Nguyen,hau D & Tram A
Warranty Deed
—
Dec 4, 2012
$266,500
Hau D Nguyen
Sms Financial Xxiii LLC
Warranty Deed
—
Jun 7, 2012
—
Sms Financial Xxiii LLC
C1 Smile LLC
Deed In Lieu Of Foreclosure
related
—
May 9, 2005
—
C1 Smile LLC
Stanley Y Cho
Quit Claim Deed
related
$441,000 · Us Bank NA
Mar 11, 2005
$490,000
Stanley Y Cho
Evergreen International Plaza LLC
Warranty Deed
$441,000 · Boyd Real Estate Investments INC
Apr 30, 2001
$470,000
Evergreen International Plaza
Teanaway Partners LLC
Grant Deed
$485,000 · Fairway Commercial Mortgage
Feb 9, 2000
—
Teanaway Partners LLC
Tidwell,donald I & Doris H
Quit Claim Deed
related
—
Jul 6, 1995
$100,000
Donald I Tidwell
Thompson,john R
Grant Deed
$69,082 · Seller
Jan 4, 1994
$62,500
Donald I Tidwell
Lowinger,edmund
Grant Deed
$62,500 · Seller
Oct 28, 1988
—
Doris H Thompson
Thompson,john R&
Quit Claim Deed
related
—
—
—
Evergreen International Plaza
—
Deed Of Trust
related
$1,950,000 · First Mutual Bank
—
—
Donald I Tidwell
—
Deed Of Trust
related
$216,787 · Key Bank NA
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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