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Property profile & analytics
OFF-MARKET
Estimated value
$5,495,000
Distribution centers
3314 116th St, Tukwila, WA 98168-1986
Entity Owned
20-yr Hold
Free & Clear
Property ID
US90-3325220
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1994
Construction
CONCRETE
Total area
41,000 SF
Lot
3.3 ac (143,627 SF)
Zoning code
MIC/L
APN
102304-9011
UPID
US90-3325220
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
$6.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.50M
Owner & transaction history
Apollo Holdings LLC · 20 yrs held
Apollo Holdings LLC
since 2006
5 recorded transactions
Zoning & alternative use
MIC/L · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,510,000
6.5%
$6,935,000
7%
$6,440,000
Blend value · Realmo final
$5.50M
Range $4.95M – $6.04M · ±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
$134 / 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
$86,593
Tax year 2022
Assessed value
$7,928,200
Assessed 2022
Previous assessed
$7,928,200
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$4,308,800
Assessed improvement
$3,619,400
Land market value
$4,308,800
Improvement market value
$3,619,400
Total market value
$7,928,200
Applied tax rate
2,417.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
SPACE
Stories
2
Total area
41,000 SF
Lot
3.3 ac (143,627 SF)
Zoning code
MIC/L
APN
102304-9011
UPID
US90-3325220
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MIC/L · Tukwila, WA
Zoning MIC/L · permitted uses
MIC/L · 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
1994
Construction
CONCRETE
Heating
SPACE
Stories
2
Lot
3.3 ac
Current owner
From public records · entity-resolved
Apollo Holdings LLC
Entity
Free & Clear · 20 yrs held
Mailing address
PO BOX 979, MERCER ISLAND, WA 98040-0979
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2006
$6,410,265
Apollo Holdings LLC
Bradley Investment
Warranty Deed
—
Mar 22, 1994
$1,046,047
Ellia & Angelo Co
Ssi Properties I
Trustees Deed
—
Mar 22, 1994
$1,091,000
Bradley Investment Co
Ssi Properties I
Trustees Deed
—
Oct 25, 1993
—
Gateway North Properti Seagate
Kemper Investors
Quit Claim Deed
related
—
Oct 14, 1993
$781,085
Ssi Properties INC
Seagate Gateway
Grant Deed
$390,542 · Seller
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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