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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Individual retail properties
430 15th NE St Auburn, WA 98002
Individually Owned
19-yr Hold
Free & Clear
Property ID
US90-1275337
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
51,696 SF
Lot
1.19 ac (51,696 SF)
Zoning code
C3
APN
000080-0024
UPID
US90-1275337
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$831k
Blend (final)
Blend
$900k
Owner & transaction history
Kimco L-s · 19 yrs held
Kimco L-s
since 2007
5 recorded transactions
Zoning & alternative use
C3 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$17 / 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
$64,080
Tax year 2022
Assessed value
$4,910,000
Assessed 2022
Previous assessed
$4,910,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$672,000
Assessed improvement
$4,238,000
Land market value
$672,000
Improvement market value
$4,238,000
Total market value
$4,910,000
Applied tax rate
133.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
51,696 SF
Lot
1.19 ac (51,696 SF)
Zoning code
C3
APN
000080-0024
UPID
US90-1275337
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Auburn, WA
Zoning C3 · permitted uses
C3 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Kimco L-s
Individual
Free & Clear · 19 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Ownership since
2007
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
Apr 11, 2007
$24,300,000
Kimco L-s
Pk Sale LLC
Quit Claim Deed
related
—
Nov 16, 2006
$22,024,871
Pk Sale LLC
Pan Pacific Retail Props INC
Grant Deed
—
Mar 30, 1999
$9,250,000
Pan Pacific Retail Properties
Glenborough Properties LP
Grant Deed
—
Oct 17, 1996
$5,438,000
Glenborough Properties LP
Trust Realty Partners
Grant Deed
—
Aug 4, 1993
$7,500,000
Trust Realty Partners
August
Grant Deed
$7,050,000 · Seller
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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