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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Office buildings
324 15th E Ave, Seattle, WA 98112-5802
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0718600
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
FRAME
Total area
5,040 SF
Lot
0.06 ac (2,685 SF)
Zoning code
NC2P-55 (M)
APN
180690-0260
UPID
US90-0718600
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
-
Seattle Family Energy Medicine Physician Alternative Medicine Practice
-
Wimsey Cherrington, LMP, CTP Alternative Medicine Practice Spa & Massage Center
-
Modern Health Solutions Alternative Medicine Practice
-
Kara Kikuchi, ND Alternative Medicine Practice
-
Joy Rufener, MA, LMHC Art Therapist Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.38M
Owner & transaction history
Khanh Diem LLC · 2 yrs held
Khanh Diem LLC
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+16.4%
Retail stores
$2.0M
+13.5%
Apartment house (5+ units)
$1.8M
+0.4%
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
Method
Estimation
Statistic approach
$1,380,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,450,000
7%
$1,350,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,780,000
Current use
AUTO REPAIR, GARAGE
$2,075,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$2,020,000
Change: +13% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,785,000
Change: +0% · Conversion: Easy
MEDICAL BUILDING
$1,735,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$1,490,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±10% · vs last sale $1.38M (Jun 7 2024)
Last sale anchor
$1.38M
Jun 7 2024
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
$274 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,766
Tax year 2024
Assessed value
$1,075,000
Assessed 2023
Previous assessed
$1,075,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,074,000
Assessed improvement
$1,000
Land market value
$1,074,000
Improvement market value
$1,000
Total market value
$1,075,000
Applied tax rate
13.0000
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
1954
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Total area
5,040 SF
Lot
0.06 ac (2,685 SF)
Zoning code
NC2P-55 (M)
APN
180690-0260
UPID
US90-0718600
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1954
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Khanh Diem LLC
Entity
Mailing address
324 15TH AVE E, SEATTLE, WA 98112-5802
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
$1,380,000
Khanh Diem LLC
Jefrey Grant Guykema
Warranty Deed
$966,000 · Mountain Pacific Bank
Jan 18, 2023
—
Warren J Guykema
Warren J Guykema
Intrafamily Transfer
related
—
Jun 17, 2016
—
Warren Guykema
—
Deed
related
$227,000 · Timberland Bank
Mar 9, 2010
—
Warren J Guykema
Guykema Judith J
Quit Claim Deed
related
—
—
—
Warren J Guykema
—
Deed Of Trust
related
$126,000 · Timberland Bank
—
—
Warren J Guykema
—
Deed Of Trust
related
$17,958 · Timberland Bank
—
—
Warren J Guykema
—
Deed Of Trust
related
$75,000 · Timberland Savings Bank
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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