New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Auto shops
405 7th St, Renton, WA 98057-2554
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0925156
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,500 SF
Lot
2.06 ac (89,620 SF)
Zoning code
CA
APN
192305-9034
UPID
US90-0925156
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
$1.01M
Owner & transaction history
West Brothers Land LLC · 10 yrs held
West Brothers Land LLC
since 2016
7 recorded transactions
Zoning & alternative use
CA · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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
$43 / 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
$48,804
Tax year 2022
Assessed value
$4,777,600
Assessed 2022
Previous assessed
$4,777,600
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$3,764,000
Assessed improvement
$1,013,600
Land market value
$3,764,000
Improvement market value
$1,013,600
Total market value
$4,777,600
Applied tax rate
2,100.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
4
Stories
3
Total area
23,500 SF
Lot
2.06 ac (89,620 SF)
Zoning code
CA
APN
192305-9034
UPID
US90-0925156
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Renton, WA
Zoning CA · permitted uses
CA · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Buildings
4
Lot
2.06 ac
Current owner
From public records · entity-resolved
West Brothers Land LLC
Entity
Mailing address
225 RAINIER AVE S, RENTON, WA 98057-2034
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
—
West Brothers Land LLC
—
Deed
related
$3,000,000 · Leslie E Miller Survivors Trust
Jun 16, 2016
$3,400,000
West Brothers Land LLC
Bankers Land LLC
Warranty Deed
$3,400,000 · Banker James E S Trust (pt)
Apr 20, 2011
—
Bankers Land LLC
Ford Shelley
Quit Claim Deed
related
—
Dec 17, 2010
—
Banker Living Trust
Banker,beverly E
Quit Claim Deed
related
—
Nov 24, 2004
—
Banker Trust
—
Deed Of Trust
related
$1,750,000 · Homestreet Bank
—
—
Banker Trust
—
Deed Of Trust
related
$250,000 · Towne Bank
—
—
James E Banker
—
Deed Of Trust
related
—
—
—
Banker Trust
—
Deed Of Trust
related
$250,000 · Towne Bank
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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