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Property profile & analytics
OFF-MARKET
Office buildings
33715 Redmond Fall City Rd Fall City, WA 98024-5005
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0607291
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
WOOD
Total area
676 SF
Lot
0.05 ac (2,250 SF)
Zoning code
CBSO
APN
247590-0105
UPID
US90-0607291
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
by Request
Owner & transaction history
Bmt Properties LLC · 2 yrs held
Bmt Properties LLC
since 2023
Last sale
$150,000
5 recorded transactions
Zoning & alternative use
CBSO · Fall City, 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 Fall City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fall City 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
$1,791
Tax year 2022
Assessed value
$152,100
Assessed 2022
Previous assessed
$152,100
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$31,500
Assessed improvement
$120,600
Land market value
$31,500
Improvement market value
$120,600
Total market value
$152,100
Applied tax rate
6,631.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1949
Construction
WOOD
Heating
SPACE
Stories
1
Total area
676 SF
Lot
0.05 ac (2,250 SF)
Zoning code
CBSO
APN
247590-0105
UPID
US90-0607291
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBSO · Fall City, WAZoning CBSO · permitted uses
CBSO · Fall City, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
SPACE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Bmt Properties LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2023
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
Dec 27, 2023
—
Bmt Properties LLC
Beth E Traverso
Quit Claim Deed
related
—
Oct 20, 2020
$150,000
Beth E Traverso
Fall City Properties LLC
Warranty Deed
$100,000 · Peter J David
Oct 20, 2020
—
Fall City Properties LLC
John Lafayette
Quit Claim Deed
related
—
Oct 16, 1990
$35,000
John A Lafayette
Lafayette,raymon
Quit Claim Deed
related
—
Nov 1, 1989
$57,000
Raymond Lafayette
Livesay
Grant Deed
$50,700 · 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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