Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Commercial real estate
301 Tukwila Pkwy Tukwila, WA 98188-2913
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0950611
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,907 SF
Lot
3.24 ac (141,136 SF)
Zoning code
TUC-RC
APN
022300-0010
UPID
US90-0950611
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
$1.37M
Blend (final)
Blend
$2.17M
Owner & transaction history
Tsg Enterprises LLC · 2 yrs held
Tsg Enterprises LLC
since 2024
7 recorded transactions
Zoning & alternative use
TUC-RC · Tukwila, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The area in the vicinity of Westfield Southcenter Mall, with easy access to the bus Transit Center, is intended to provide an area that will continue to infill and intensify with more retail, services, and entertainment uses southward toward Strander Boulevard and eastward across Andover Park West
Zone name
Tukwila Urban Regional Center
General category
COMMERCIAL
Zone area
120.98 ac
Source
Realmo
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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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
$2.17M
Range $1.95M – $2.38M · ±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
$99 / 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
$132,931
Tax year 2022
Assessed value
$12,011,000
Assessed 2022
Previous assessed
$12,011,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,080,800
Assessed improvement
$6,930,200
Land market value
$5,080,800
Improvement market value
$6,930,200
Total market value
$12,011,000
Applied tax rate
2,408.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
REFRIGERATOR
Buildings
3
Stories
1
Total area
21,907 SF
Lot
3.24 ac (141,136 SF)
Zoning code
TUC-RC
APN
022300-0010
UPID
US90-0950611
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TUC-RC · Tukwila, WAZoning TUC-RC · permitted uses
TUC-RC · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The area in the vicinity of Westfield Southcenter Mall, with easy access to the bus Transit Center, is intended to provide an area that will continue to infill and intensify with more retail, services, and entertainment uses southward toward Strander Boulevard and eastward across Andover Park West
Zone name
Tukwila Urban Regional Center
General category
COMMERCIAL
Zone area
120.98 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
3.24 ac
Current owner
From public records · entity-resolved
Tsg Enterprises LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
—
Tsg Enterprises LLC
Armada Southcenter Associates
Lease
—
Mar 20, 2020
—
Skygroup Investments LLC
—
Deed
related
—
Nov 1, 2017
—
Armada Southcenter Associates
—
Deed
related
$3,000,000 · Miscellaneous Ins Co
Dec 3, 2015
—
Skygroup Investments LLC
—
Deed Of Trust
related
$50,000 · Jp Morgan Chase Bk
Apr 30, 1992
—
Beta Holdings Ltd Ptnshp
Brunhaver,lewis
Quit Claim Deed
related
—
—
—
Armada Southcenter Associates
—
Deed Of Trust
related
$3,850,000 · Sun Life Assurance Co Canada
—
—
Beta Holdings LP
—
Deed Of Trust
related
$3,800,000 · Us Bank Of Washington
—
—
Skygroup Investments LLC
—
Loan Modification
related
—
—
—
Armada Southcenter Associates
—
Deed Of Trust
related
$3,500,000 · Sun Life Assurance Co
—
—
Armada Southcenter Associates
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
—
—
Southcenter Annex Associates
—
Deed Of Trust
related
$3,800,000 · Us Bank Of Washington
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 301 Tukwila Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
