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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Theaters & concert halls
3804 Hudson St, Seattle, WA 98118
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2701490
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,610 SF
Lot
0.08 ac (3,300 SF)
Zoning code
NC2P-40
APN
170290-1610
UPID
US90-2701490
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
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
The Cultural Space Agency · 4 yrs held
The Cultural Space Agency
since 2022
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
NC2P-40 · 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
Method
Estimation
Statistic approach
$2,600,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10% · vs last sale $3.20M (May 19 2022)
Last sale anchor
$3.20M
May 19 2022
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
$801 / 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
$15,224
Tax year 2022
Assessed value
$857,600
Assessed 2022
Previous assessed
$857,600
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$379,500
Assessed improvement
$478,100
Land market value
$379,500
Improvement market value
$478,100
Total market value
$857,600
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
3,610 SF
Lot
0.08 ac (3,300 SF)
Zoning code
NC2P-40
APN
170290-1610
UPID
US90-2701490
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-40 · Seattle, WA
Zoning NC2P-40 · permitted uses
NC2P-40 · 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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
The Cultural Space Agency
Individual
Mailing address
1143 MARTIN LUTHER KING JR WAY SEATTLE
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$3,200,000
The Cultural Space Agency
Cct Associates LLC
Bargain And Sale Deed
—
May 14, 2020
—
Cct Associates LLC
—
Deed
related
$365,896 · Intrust Funding LLC
Dec 30, 2019
—
Cct Associates LLC
Pete Sikov
Quit Claim Deed
related
—
Nov 28, 2012
—
Pete Sikov
Columbia City Associates LLC
Quit Claim Deed
related
—
Dec 14, 2006
—
Peter Sikov
Columbia City Theatre LLC
Deed In Lieu Of Foreclosure
related
$2,037,597 · Evergreen Bank
Dec 17, 2002
—
Columbia City Theatre LLC
—
Deed Of Trust
related
$1,600,000 · Chesterfield Mortgage Investor
Sep 29, 2000
—
Columbia City Theatre LLC
Giovanna Giselle Court LLC
Quit Claim Deed
related
$900,000 · Everett Mutual Savings Bank
Aug 13, 1998
$295,000
Craig D Diefenbach
Moss,robert W & Susan
Grant Deed
$487,750 · Everett Mutual Savings Bank
Jul 22, 1994
$43,750
Heather H Oesting
Moss,robert W &
Quit Claim Deed
related
—
May 9, 1988
—
Robert W Moss
Small Business A
Quit Claim Deed
related
—
—
—
Craig Dieffenbach
—
Deed Of Trust
related
—
—
—
Craig Dieffenbach
—
Deed Of Trust
related
$80,000 · Individual
—
—
Robert W Moss
—
Deed Of Trust
related
$112,000 · Rainier Credit
—
—
Columbia City Theatre LLC
—
Deed Of Trust
related
$35,813 · Everett Mutual Savings Bank
—
—
Peter Sikov
—
Deed Of Trust
related
$1,500,000 · Washington St Emp Cu
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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