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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Medical Office Space
2617 Griffin Ave Enumclaw, WA 98022-2380
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0061097
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1999
Construction
WOOD
Total area
3,515 SF
Lot
0.33 ac (14,448 SF)
Zoning code
GO
APN
232006-9161
UPID
US90-0061097
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
$1.04M
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.03M
Owner & transaction history
Seaenkay LLC · 4 yrs held
Seaenkay LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
GO · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+16.2%
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 Enumclaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enumclaw 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
$1,075,000
ML approach
$1,035,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,390,000
Current use
AUTO REPAIR, GARAGE
$1,615,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,380,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,325,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.00M (Dec 3 2021)
Last sale anchor
$1.00M
Dec 3 2021
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
$293 / 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
$8,052
Tax year 2022
Assessed value
$885,900
Assessed 2022
Previous assessed
$885,900
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$173,300
Assessed improvement
$712,600
Land market value
$173,300
Improvement market value
$712,600
Total market value
$885,900
Applied tax rate
1,175.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
3,515 SF
Lot
0.33 ac (14,448 SF)
Zoning code
GO
APN
232006-9161
UPID
US90-0061097
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GO · Enumclaw, WA
Zoning GO · permitted uses
GO · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1999
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Seaenkay LLC
Entity
Mailing address
2617 GRIFFIN AVE, ENUMCLAW, WA 98022-2380
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 3, 2021
$1,000,000
Seaenkay LLC
Skovmand LLC
Warranty Deed
$800,000 · Columbia State Bank
Feb 17, 2004
—
Skovmand LLC
Skovmand,brent A & Judith W
Quit Claim Deed
related
—
Aug 11, 1998
—
Brent A Skovmand
—
Grant Deed
related
$496,100 · Rainier National Bank
May 7, 1997
$72,500
Brent A Skovmand
Money Store INC
Grant Deed
$54,375 · Mt Rainier National Bank
Jan 30, 1997
$77,000
Money Store/washington INC
Ickes,howard J & Pamela L
Trustees Deed
—
—
—
Howard J Ickes
—
Deed Of Trust
related
$74,000 · Money Store Washington INC
—
—
Judith W Skovmand
—
Deed Of Trust
related
$270,000 · Wells Fargo Bank Northwest NA
—
—
Brent A Skovmand
—
Deed Of Trust
related
$215,000 · Evergreen Community Dev Assn
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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