Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Office buildings
331 Andover E Park Tukwila, WA 98188-7607
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1130179
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,220 SF
Lot
0.51 ac (22,068 SF)
Zoning code
TUC-TOD
APN
022320-0051
UPID
US90-1130179
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
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Steven D Weler INC Ps · 13 yrs held
Steven D Weler INC Ps
since 2012
7 recorded transactions
Zoning & alternative use
TUC-TOD · Tukwila, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$172 / 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
$11,668
Tax year 2022
Assessed value
$1,039,700
Assessed 2022
Previous assessed
$1,039,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$772,300
Assessed improvement
$267,400
Land market value
$772,300
Improvement market value
$267,400
Total market value
$1,039,700
Applied tax rate
2,426.0000
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
3
Total area
7,220 SF
Lot
0.51 ac (22,068 SF)
Zoning code
TUC-TOD
APN
022320-0051
UPID
US90-1130179
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TUC-TOD · Tukwila, WA
Zoning TUC-TOD · permitted uses
TUC-TOD · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tukwila. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Steven D Weler INC Ps
Entity
Mailing address
331 ANDOVER PARK E, TUKWILA, WA 98188-7607
Ownership since
2012
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
Aug 29, 2016
—
Steven D Weier INC Ps
—
Deed
related
$349,900 · Bank Of The West
Jul 18, 2016
—
Steven D Weier INC Ps
—
Deed
related
$750,000 · Bank Of The West
Dec 28, 2012
$1,100,000
Steven D Weler INC Ps
M & M Management LLC
Warranty Deed
—
Nov 10, 2004
$713,000
M & M Management LLC
Utilika Foundation
Warranty Deed
$887,000 · Cnl Commercial Finance INC
Jun 11, 2004
—
Utilika Foundation
Pool,jonathan
Grant Deed
related
—
Jul 14, 1997
$405,000
Jonathan Pool
Alhadeff Properties LP
Grant Deed
—
Oct 18, 1995
—
James G Anderson Trustee
All American Homes INC
Grant Deed
related
—
Jun 25, 1990
$660,000
All American Homes INC
Broadacres INC
Grant Deed
$607,200 · Seller
—
—
M & M Management LLC
—
Deed Of Trust
related
$250,000 · Stu Lambert INC
—
—
Steven D Weier INC Ps
—
Deed Of Trust
related
$750,000 · Bank Of The West
—
—
Steven D Weier INC Ps
—
Deed Of Trust
related
$349,900 · Bank Of The West
—
—
Jonathan Pool
—
Deed Of Trust
related
$330,750 · Everett Mutual 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.
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 331 Andover E Park?
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.
