Entity Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,651 SF
Lot
1.72 ac (74,971 SF)
Zoning code
MIC/L
APN
102304-9012
UPID
US90-0088896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
since 2024
7 recorded transactions
Zoning & alternative use
MIC/L · Tukwila, WA
Zoning description
0.010 - § 18.30.050) Chapter 18.32 LIGHT INDUSTRIAL (LI) DISTRICT (§ 18.32.010 - § 18.32.050) Chapter 18.34 HEAVY INDUSTRIAL (HI) DISTRICT (§ 18.34.010 - § 18.34.050) Chapter 18.36 MANUFACTURING INDUSTRIAL CENTER/LIGHT (…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.67M
Value range
$4.20M – $5.13M
±10% around blend
Estimated value / SF
$135 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$4.20M
blend $4.67M
$5.13M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
34,651 SF
Lot area
1.72 ac
Year built
1995
Stories
2
APN
102304-9012
Zoning
MIC/L
Assessed value
$6,733,900
Annual tax
$74,332
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.86M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.35M
@ 6.5% CAP return
$5.86M
@ 7% CAP return
$5.44M
4
Sales comparison
Partial preview
Sales approach indication
$10.51M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.1 mi away · 30,855 SF
12.4 mi away · 38,959 SF
14.6 mi away · 24,815 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.67M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 209 sales
$295
-54%
County 375 sales
$287
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $135/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.73M
Move the market yield to see immediate price impact.
Value / SF
$194
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$424k
$8.48M
$6.06M
$4.71M
$471k
$9.43M
$6.73M
$5.24M
$519k
$10.37M
$7.41M
$5.76M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$7.54M
4.9 mi · Oct 2025 · $299/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$74,332
Tax year 2022
Assessed value
$6,733,900
Assessed 2022
Previous assessed
$6,733,900
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,249,100
Assessed improvement
$4,484,800
Land market value
$2,249,100
Improvement market value
$4,484,800
Total market value
$6,733,900
Applied tax rate
2,417.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
34,651 SF
Lot
1.72 ac (74,971 SF)
Zoning code
MIC/L
APN
102304-9012
UPID
US90-0088896
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MIC/L · Tukwila, WAZoning MIC/L · permitted uses
MIC/L · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
0.010 - § 18.30.050) Chapter 18.32 LIGHT INDUSTRIAL (LI) DISTRICT (§ 18.32.010 - § 18.32.050) Chapter 18.34 HEAVY INDUSTRIAL (HI) DISTRICT (§ 18.34.010 - § 18.34.050) Chapter 18.36 MANUFACTURING INDUSTRIAL CENTER/LIGHT (…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MIC/L
INDUSTRIAL
Jurisdiction
Tukwila, WA
Recorded code
MIC/L
Official district
MIC/L
Official district profile
What the municipal code says about MIC/L
Zoning description
0.010 - § 18.30.050) Chapter 18.32 LIGHT INDUSTRIAL (LI) DISTRICT (§ 18.32.010 - § 18.32.050) Chapter 18.34 HEAVY INDUSTRIAL (HI) DISTRICT (§ 18.34.010 - § 18.34.050) Chapter 18.36 MANUFACTURING INDUSTRIAL CENTER/LIGHT (…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MIC/L in Tukwila, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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