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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
30385 High Pt Way Preston, WA 98050-9800
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US90-1672646
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
WOOD
Total area
2,608 SF
Lot
0.72 ac (31,185 SF)
Zoning code
NB
APN
322407-9006
UPID
US90-1672646
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
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$530k
Owner & transaction history
Ohasi Investment LLC · 26 yrs held
Ohasi Investment LLC
since 1999
6 recorded transactions
Zoning & alternative use
NB · Preston, 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 Preston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Preston 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$203 / 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
$6,907
Tax year 2022
Assessed value
$601,600
Assessed 2022
Previous assessed
$601,600
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$374,200
Assessed improvement
$227,400
Land market value
$374,200
Improvement market value
$227,400
Total market value
$601,600
Applied tax rate
6,982.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1956
Construction
WOOD
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
2,608 SF
Lot
0.72 ac (31,185 SF)
Zoning code
NB
APN
322407-9006
UPID
US90-1672646
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Preston, WA
Zoning NB · permitted uses
NB · Preston, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Preston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Ohasi Investment LLC
Entity
Mailing address
30385 SE HIGH PT WAY, ISSAQUAH, WA 98027-8854
Ownership since
1999
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
Nov 8, 2021
—
Ohash Investments LLC
—
Deed
related
$684,250 · First Citizens Bank & Trust Co
Dec 28, 1999
$335,000
Ohasi Investment LLC
Hess Trust
Grant Deed
$248,000 · Seller
Sep 3, 1993
$125,000
Christine D Et Al Hess
Hess
Grant Deed
related
$125,000 · Seller
Oct 31, 1990
—
Leroy Hess
Hess,leroy&jean
Quit Claim Deed
related
—
—
—
Ohashi Investments LLC
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Ohashi Investments LLC
—
Deed Of Trust
related
$380,000 · Bank Of America
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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