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Property profile & analytics
OFF-MARKET
Office buildings
43438 Sen Bnd Way North Bend, WA 98045-9295
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-2070584
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Construction
WOOD
Total area
2,087 SF
Lot
0.75 ac (32,670 SF)
Zoning code
EP-1
APN
152308-9188
UPID
US90-2070584
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
by Request
Owner & transaction history
Joseph Eddings · 6 yrs held
Joseph Eddings
since 2020
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
EP-1 · North Bend, 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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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
$4,496
Tax year 2022
Assessed value
$521,700
Assessed 2022
Previous assessed
$521,700
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$294,000
Assessed improvement
$227,700
Land market value
$294,000
Improvement market value
$227,700
Total market value
$521,700
Applied tax rate
1,925.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
2,087 SF
Lot
0.75 ac (32,670 SF)
Zoning code
EP-1
APN
152308-9188
UPID
US90-2070584
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
EP-1 · North Bend, WA
Zoning EP-1 · permitted uses
EP-1 · North Bend, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Joseph Eddings
Individual
Mailing address
43438 SEN BND WAY, NORTH BEND, WA 98045-9295
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
—
Joseph Eddings
—
Deed
related
$390,800 · Fairway Independent Mortgage Corp
May 20, 2020
—
Joseph Eddings
Joe Eddings
Intrafamily Transfer
related
$390,500 · Fairway Independent Mortgage Corp
Dec 10, 2019
—
Joe Eddings
Denis Fury
Correction Deed
related
—
Sep 1, 2015
$425,000
Joe Eddings
Fury,denis & Gail
Warranty Deed
$413,000 · Denis & Gail Fury
Feb 18, 2014
—
Don Allan
Fury,denis & Gail
Quit Claim Deed
related
—
Apr 18, 2002
$375,000
Denis Fury
Knowles,phyllis
Grant Deed
—
May 19, 1992
—
Knowles,geraldine Phyllis
Knowles Geraldin
Grant 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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