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Property profile & analytics
OFF-MARKET
Estimated value
$6,115,000
Hotels
4501 12th NE Ave, Seattle, WA 98105-4542
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-0619329
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2015
Construction
CONCRETE
Total area
180,257 SF
Lot
0.54 ac (23,495 SF)
Zoning code
SM-U 95-320 (M1)
APN
773360-0135
UPID
US90-0619329
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
-
Residence Inn Seattle University District Hotel & Motel
-
American NW REGIONAL CENTER Consultant Immigration & Naturalization Service
-
Tesla Destination Charger Electric Vehicle Charging Station
-
4501 12th Ave NE Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.12M
Owner & transaction history
Tmud Gsl LLC · 4 yrs held
Tmud Gsl LLC
since 2022
7 recorded transactions
Zoning & alternative use
SM-U 95-320 (M1) · 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
$34 / 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
$382,017
Tax year 2022
Assessed value
$46,505,700
Assessed 2022
Previous assessed
$46,505,700
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$14,684,300
Assessed improvement
$31,821,400
Land market value
$14,684,300
Improvement market value
$31,821,400
Total market value
$46,505,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2015
Construction
CONCRETE
Heating
CENTRAL
Stories
6
Total area
180,257 SF
Lot
0.54 ac (23,495 SF)
Zoning code
SM-U 95-320 (M1)
APN
773360-0135
UPID
US90-0619329
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SM-U 95-320 (M1) · Seattle, WA
Zoning SM-U 95-320 (M1) · permitted uses
SM-U 95-320 (M1) · 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
2015
Construction
CONCRETE
Heating
CENTRAL
Stories
6
Lot
0.54 ac
Current owner
From public records · entity-resolved
Tmud Gsl LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11010 NE 8TH ST #465, BELLEVUE, WA 98004-4408
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Tmud Gsl LLC
Tmud Holdings LLC
Quit Claim Deed
related
—
May 16, 2014
—
Tmud Holdings LLC
Pfhc-investments LLC
Quit Claim Deed
related
—
Apr 11, 2014
—
Tmud Holdings LLC
Pfhc-investments LLC
Quit Claim Deed
related
—
Nov 29, 2012
—
City Of Seattle
Pfhc-investments LLC
Grant Deed
—
Sep 25, 2009
—
Pfhc-investments LLC
Pongs Corp INC
Quit Claim Deed
related
—
Aug 18, 2006
$4,260,000
Pongs Corp INC
Evergroup 45th Dev Ltd
Warranty Deed
—
Jun 21, 1996
$1,250,000
Evergroup 45th Development Ltd
Wells Fargo Bank
Grant Deed
—
Sep 27, 1989
$1,780,000
University Savings Bank
Security Pacific
Grant Deed
related
—
—
—
Tmud Holdings LLC
—
Deed Of Trust
related
$18,000,000 · American Nw Fund 1 LLC American Nw Fund 1 LLC
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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