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Property profile & analytics
FOR LEASE
Office buildings
3600 15Th Ave W, Seattle, WA 98119
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1596203
For Lease
$22 SF/Yr
3600 15Th Ave W, Seattle, WA 98119
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD
Total area
25,859 SF
Lot
0.39 ac (16,887 SF)
Zoning code
C2-55 (M)
APN
277060-3315
UPID
US90-1596203
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
-
Stritmatter Kessler Koehler Moore Law Firm
-
Bavariya Law PLLC Law Firm
-
Law Office of Holly Hermon Law Firm Child Welfare Organization
-
Edward H Moore, P.C. Law Firm
-
Koehler Karen K Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.43M
Owner & transaction history
S3km LLC · 11 yrs held
S3km LLC
since 2015
7 recorded transactions
Zoning & alternative use
C2-55 (M) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$132 / 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
$36,746
Tax year 2022
Assessed value
$4,132,100
Assessed 2022
Previous assessed
$4,132,100
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$2,533,000
Assessed improvement
$1,599,100
Land market value
$2,533,000
Improvement market value
$1,599,100
Total market value
$4,132,100
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Total area
25,859 SF
Lot
0.39 ac (16,887 SF)
Zoning code
C2-55 (M)
APN
277060-3315
UPID
US90-1596203
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C2-55 (M) · Seattle, WA
Zoning C2-55 (M) · permitted uses
C2-55 (M) · 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
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Lot
0.39 ac
Current owner
From public records · entity-resolved
S3km LLC
Entity
Mailing address
3600 15TH AVE W STE #300, SEATTLE, WA 98119-1330
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2020
—
3600 Interbay LLC
—
Deed
related
$2,800,000 · Bank Of America
Jun 17, 2015
$3,700,000
S3km LLC
Canal Building LLC
Warranty Deed
$3,485,000 · First Citizens Bank & Trust Co
Dec 9, 2005
—
Canal Building LLC
Endurance Investments LLC
Quit Claim Deed
related
$1,590,000 · Intervest Mortgage Co LLC
Nov 19, 2004
$2,000,000
Endurance Investments LLC
Yardarm Knot INC
Warranty Deed
$1,500,000 · Us Bank NA
Mar 13, 1998
$1,190,000
Canal Office Building LLC
2m Partnership
Grant Deed
—
Dec 8, 1989
$990,000
2m Partnership
Jones
Grant Deed
$871,200 · Seller
—
—
3600 Interbay LLC
—
Deed Of Trust
related
$2,400,000 · Bank Of America
—
—
3600 Interbay LLC
—
Deed Of Trust
related
$2,800,000 · Bank Of America
—
—
Canal Office Building LLC
—
Deed Of Trust
related
—
—
—
Jones
—
Deed Of Trust
related
$635,000 · Key Bank Of 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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