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Property profile & analytics
OFF-MARKET
Investment properties
312 85th St Seattle, WA 98117-3158
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2065448
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1912
Total area
2,280 SF
Lot
0.11 ac (4,600 SF)
Zoning code
NC2-55 (M)
APN
094500-0670
UPID
US90-2065448
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
-
Lindon Piano Studio Tutoring Service
-
Satya Wellness Collective Gym & Fitness Center
-
Niche Realty Associates / Niche Property Management Property Management Company
-
Quiet Please Recording Recording Studio
-
Cicada Music School Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lihi Northwest 85th LLC · 24 yrs held
Lihi Northwest 85th LLC
since 2001
7 recorded transactions
Zoning & alternative use
NC2-55 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,276
Tax year 2022
Assessed value
$48,200
Assessed 2022
Previous assessed
$48,200
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$48,200
Land market value
$48,200
Total market value
$48,200
Applied tax rate
10.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1912
Heating
FORCED AIR WITH AIR CONDITIONING
Stories
2
Bathrooms
3
Total area
2,280 SF
Lot
0.11 ac (4,600 SF)
Zoning code
NC2-55 (M)
APN
094500-0670
UPID
US90-2065448
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2-55 (M) · Seattle, WA
Zoning NC2-55 (M) · permitted uses
NC2-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Heating
FORCED AIR WITH AIR CONDITIONING
Stories
2
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lihi Northwest 85th LLC
Entity
Mailing address
1253 S JACKSON ST STE A, SEATTLE, WA 98144-3075
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2001
$795,000
Lihi Northwest 85th LLC
HOA & Thi Trieu Family LP
Grant Deed
$560,000 · Key Bank NA
Feb 29, 2000
—
HOA & Thi Trieu Family LP
Trieu,hoa & Thi B
Quit Claim Deed
related
—
—
—
Low Income Housing Institute
—
Deed Of Trust
related
$49,664 · Impact Capital
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$921,157 · Washington State Dept Communit
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$25,000 · Washington Mutual Fsb
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$500,000 · Seattle City (wa)
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$1,774,518 · Seattle City (wa)
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$500,000 · Seattle City (wa)
—
—
Lihi Northwest 85th LLC
—
Deed Of Trust
related
$129,974 · Low Income Housing Institute
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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