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Property profile & analytics
FOR LEASE
Manufacturing properties
3257 17Th Ave W, Seattle, WA 98119
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US90-0923486
For Lease
$1.65 SF/Yr
3257 17Th Ave W, Seattle, WA 98119
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,566 SF
Lot
1.09 ac (47,535 SF)
Zoning code
IG2 U/45
APN
277110-2421
UPID
US90-0923486
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
-
ToteVision Factory Production Facility
-
SKYCHARGER Charging Station Electric Vehicle Charging Station
-
Membrion, Inc. Industrial Manufacturer Production Facility
-
Lundgren Enterprises Hardware & Home Improvement Production Facility
-
Electric Era Technologies Electrical Service Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.86M
Owner & transaction history
Whc Properties LLC · 24 yrs held
Whc Properties LLC
since 2001
7 recorded transactions
Zoning & alternative use
IG2 U/45 · 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
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
$1.86M
Range $1.67M – $2.04M · ±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
$73 / 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
$69,407
Tax year 2022
Assessed value
$7,444,300
Assessed 2022
Previous assessed
$7,444,300
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$4,278,100
Assessed improvement
$3,166,200
Land market value
$4,278,100
Improvement market value
$3,166,200
Total market value
$7,444,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
3
Stories
2
Total area
25,566 SF
Lot
1.09 ac (47,535 SF)
Zoning code
IG2 U/45
APN
277110-2421
UPID
US90-0923486
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/45 · Seattle, WA
Zoning IG2 U/45 · permitted uses
IG2 U/45 · 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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Buildings
3
Lot
1.09 ac
Current owner
From public records · entity-resolved
Whc Properties LLC
Entity
Mailing address
PO BOX 1388, EDMONDS, WA 98020-1388
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2023
—
Whc Properties LLC
—
Deed
related
$2,100,000 · Us Bank NA
Mar 10, 2021
—
Whc Properties LLC
—
Deed
related
$1,100,000 · Pamela J Harkins Etux
Aug 23, 2001
—
Whc Properties LLC
Harkins,thomas P
Quit Claim Deed
related
—
Jun 29, 1990
$590,000
Harkins Thomas P Ella C
Tomlinson,inc
Grant Deed
$531,000 · Company Misc
—
—
Thomas P Harkins
—
Deed Of Trust
related
$240,000 · Us Bank
—
—
Whc Properties LLC
—
Deed Of Trust
related
$1,100,000 · Daniel J & Pamela J Harkins
—
—
Thomas P Harkins
—
Deed Of Trust
related
$952,231 · Us Bank
—
—
Whc Properties LLC
—
Deed Of Trust
related
$600,000 · Daniel J & Pamela J Harkins
—
—
Whc Properties LLC
—
Deed Of Trust
related
$600,000 · Daniel J & Pamela J Harkins
—
—
Thomas P Harkins
—
Deed Of Trust
related
—
—
—
Thomas P Harkins
—
Deed Of Trust
related
$200,000 · West One Bank Washington
—
—
Thomas P Harkins
—
Deed Of Trust
related
$735,000 · West One Bank 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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