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Property profile & analytics
OFF-MARKET
Estimated value
$5,365,000
Warehouses
45727 140th St North Bend, WA 98045-9073
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US90-1571022
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
STEEL FRAME
Total area
40,600 SF
Lot
3.21 ac (139,827 SF)
Zoning code
EP-2
APN
132308-9166
UPID
US90-1571022
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
FCI Self Storage Storage Facility
-
FCI Custom Police Vehicles Loan Service Car Dealership
-
Donald S Bateman Broker Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.37M
Owner & transaction history
Alendon LLC · 23 yrs held
Alendon LLC
since 2002
7 recorded transactions
Zoning & alternative use
EP-2 · 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
$132 / 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
$46,520
Tax year 2022
Assessed value
$5,418,300
Assessed 2022
Previous assessed
$5,418,300
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$1,118,600
Assessed improvement
$4,299,700
Land market value
$1,118,600
Improvement market value
$4,299,700
Total market value
$5,418,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
SPACE
Buildings
3
Stories
1
Bathrooms
1
Total area
40,600 SF
Lot
3.21 ac (139,827 SF)
Zoning code
EP-2
APN
132308-9166
UPID
US90-1571022
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
EP-2 · North Bend, WA
Zoning EP-2 · permitted uses
EP-2 · 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
2004
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
3
Bathrooms
1
Lot
3.21 ac
Current owner
From public records · entity-resolved
Alendon LLC
Entity
Mailing address
45727 SE 140TH ST, NORTH BEND, WA 98045-9073
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2002
$850,000
Alendon LLC
Desrosier,robert E & Michiko D
Grant Deed
$400,000 · Robert E & Michiko D Desrosier
Jun 16, 2000
$370,180
Nelson,don O
Gillette,charles & Chieko
Trustees Deed
$260,124 · Seller
Jun 16, 2000
—
Don O Nelson
Nelson,roberta D
Quit Claim Deed
related
—
Jun 28, 1995
$215,000
Charles R Gillette
Jutila,steven G & Keri J
Grant Deed
$140,000 · Headlands Mortgage
Jun 13, 1988
$70,000
Steven G&keri Jutila
Kraemer,richard
Grant Deed
$65,100 · Seller
—
—
Robert E Desrpsier
—
Deed Of Trust
related
$178,750 · Northwest Lending Assoc INC
—
—
Alendon LLC
—
Deed Of Trust
related
$976,000 · Sterling Savings Bank
—
—
Steven G Jutila
—
Deed Of Trust
related
$18,479 · Transamerica Credit Corp
—
—
Alendon LLC
—
Deed Of Trust
related
$1,009,062 · Sterling Savings Bank
—
—
Alendon LLC
—
Deed Of Trust
related
$2,287,500 · Executive House INC
—
—
Charles R Gillette
—
Deed Of Trust
related
$95,000 · Individual
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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