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Property profile & analytics
FOR LEASE
Investment properties
419 Northeast 71St St Seattle, WA 98115
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0923024
For Lease
1 / 6
Contact for pricing
419 Northeast 71St St, Seattle, WA 98115
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Construction
WOOD FRAME
Total area
2,480 SF
Lot
0.07 ac (3,000 SF)
Zoning code
NC2P-75 (M)
APN
952810-1745
UPID
US90-0923024
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
-
Bartell Drugs Pharmacy Pharmacy
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Bartell Drugs Pharmacy
-
Green Lake Dog Walkers Dog Walker
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
E Gerald Teel · 10 yrs held
E Gerald Teel
since 2016
5 recorded transactions
Zoning & alternative use
NC2P-75 (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
—
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
$8,012
Tax year 2022
Assessed value
$915,000
Assessed 2022
Previous assessed
$915,000
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$915,000
Land market value
$915,000
Total market value
$915,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2006
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Total area
2,480 SF
Lot
0.07 ac (3,000 SF)
Zoning code
NC2P-75 (M)
APN
952810-1745
UPID
US90-0923024
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-75 (M) · Seattle, WA
Zoning NC2P-75 (M) · permitted uses
NC2P-75 (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
2006
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
E Gerald Teel
Individual
Mailing address
330 112TH AVE NE STE #200, BELLEVUE, WA 98004-5800
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2016
$969,333
E Gerald Teel
Teel,charles B & Barbara C
Quit Claim Deed
related
—
Jan 7, 2016
—
Green Lake Phase II LLC
Vitamilk South LLC
Quit Claim Deed
related
$23,700,000 · Miscellaneous Ins Co
Sep 16, 2015
—
Vitamilk South LLC
—
Trustees Deed
related
$1,500,000 · Robert C Wallace
Jun 2, 2014
—
Cb Teel South LLC
Vitamilk South LLC
Quit Claim Deed
related
—
Dec 20, 2012
—
Vitamilk South LLC
Teel Vander Pol & Teel LLP
Quit Claim Deed
related
—
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.
Try Rey
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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