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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Day care centers
3601 228th SE Ave Sammamish, WA 98029-9206
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-2159676
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2012
Construction
WOOD
Total area
10,650 SF
Lot
1.43 ac (62,188 SF)
Zoning code
PO
APN
092406-9301
UPID
US90-2159676
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
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$675k
Owner & transaction history
Phazer One LLC · 14 yrs held
Phazer One LLC
since 2011
7 recorded transactions
Zoning & alternative use
PO · Sammamish, 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 Sammamish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sammamish 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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$63 / 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
$22,624
Tax year 2022
Assessed value
$2,982,000
Assessed 2022
Previous assessed
$2,982,000
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$932,800
Assessed improvement
$2,049,200
Land market value
$932,800
Improvement market value
$2,049,200
Total market value
$2,982,000
Applied tax rate
1,437.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
10,650 SF
Lot
1.43 ac (62,188 SF)
Zoning code
PO
APN
092406-9301
UPID
US90-2159676
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PO · Sammamish, WAZoning PO · permitted uses
PO · Sammamish, 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
2012
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Phazer One LLC
Entity
Mailing address
1615 W CHESTER PIKE STE #200, WEST CHESTER, PA 19382-6223
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
—
Phazer One LLC
—
Deed
related
$1,500,000 · Columbia State Bank
Oct 21, 2011
$500,000
Phazer One LLC
Srs Spirit II LLC
Grant Deed
—
Oct 21, 2011
—
Srs Spirit II LLC
Srs Spirit LLC
Quit Claim Deed
related
—
Jan 12, 2011
—
Srs Spirit II LLC
Srs Spirit LLC
Quit Claim Deed
—
Aug 2, 2010
—
Srs Spirit LLC
—
Deed Of Trust
related
$1,200,000 · Mk Pacific LLC
Jun 28, 2010
—
Srs Spirit LLC
Seattle First Mortgage LLC
Grant Deed
—
Oct 27, 2009
$400,000
Seattle First Mortgage LLC
Regional Te Svcs Corp
Trustees Deed
related
—
—
—
Phazer One LLC
—
Deed Of Trust
related
$1,900,000 · Union Bank
—
—
Loma
—
Deed Of Trust
related
$175,000 · Seattle First Mortgage LLC
—
—
Loma
—
Deed Of Trust
related
$500,000 · Gly Construction INC
—
—
Loma
—
Deed Of Trust
related
$175,000 · Seattle First Mortgage LLC
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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