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Property profile

411 Strander Blvd Tukwila, WA 98188

FOR SALE
Office buildings
Property ID
US90-0704404
33,780 SF 1.69 ac lot Built 1973
Last sale Nov 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,422-square-foot commercial space configured for medical or dental use, with a layout that includes a waiting room and reception area, two window-line offices each with a sink, and two open-concept hygiene stations. The space also includes a restorative area with a sink and dental chair, an interior operatory/exam room, and two restrooms. The configuration provides a separate entrance and a separate exit.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$48k
Tax billed · 2022
Assessed value$4.31M
Assessed land$2.58M
Assessed improvement$1.73M
Effective rate1.12%

Value estimate

· Oct 2026
$5.27M
$4.74M – $5.80M
NOI build-up
Gross scheduled income$930k
Vacancy & credit loss−$184k
Operating expenses−$298k
NOI · 1,865,254.17% cap applied$448k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

Cap rate analysis

How does the asset earn?
1,865,254.17%
$448k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TUC-TOD
The area extending from the bus transit center on Andover Park West eastward towards the Sounder commuter rail or Amtrak station is inten...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop8.4
Auto Parts Store8.1
Tanning Salon7.9

Location

411 Strander Blvd Tukwila, WA 98188
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6100 Southcenter, Tukwila, WA 98188-2442 $3,500,000 Jan 2025 20,319 SF
130 Andover E, Tukwila, WA 98188-2909 $8,600,000 Mar 2023 44,604 SF
18200 Cascade S, Seattle, WA 98188-4728 $18,020,000 Mar 2022 49,383 SF
18300 Cascade S, Seattle, WA 98188-4746 $18,020,000 Mar 2022 52,755 SF
2800 192nd, Seatac, WA 98188-5100 $4,000,000 Mar 2020 36,724 SF
6400 Southcenter, Tukwila, WA 98188-2547 $2,100,000 Mar 2020 34,662 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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