Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,750,000
Retail space
4609 14th NW Ave Seattle, WA 98107-4619
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-1201968
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
STEEL FRAME
Total area
92,392 SF
Lot
0.92 ac (40,000 SF)
Zoning code
MML U/65
APN
276830-3190
UPID
US90-1201968
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
-
Clover Toys (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Trader Joe's Grocery & Convenience Store Food Market
-
The Egg & Us Restaurant
-
Xfinity Store by Comcast Branded Partner Telecommunications Service Data Center
-
Dr. Mansiben Shah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.75M
Owner & transaction history
Block In Ballard LLC · 8 yrs held
Block In Ballard LLC
since 2017
6 recorded transactions
Zoning & alternative use
MML U/65 · 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
$127 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$211,369
Tax year 2024
Assessed value
$20,870,100
Assessed 2023
Previous assessed
$20,870,100
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$6,200,000
Assessed improvement
$14,670,100
Land market value
$6,200,000
Improvement market value
$14,670,100
Total market value
$20,870,100
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Total area
92,392 SF
Lot
0.92 ac (40,000 SF)
Zoning code
MML U/65
APN
276830-3190
UPID
US90-1201968
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MML U/65 · Seattle, WA
Zoning MML U/65 · permitted uses
MML U/65 · 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
2008
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Block In Ballard LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 2539, SAN ANTONIO, TX 78299-2539
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
—
Block In Ballard LLC
Block In Ballard Tic 2 LLC
Quit Claim Deed
related
—
Jul 2, 2009
$53,249,353
Block In Ballard LLC
Kg Investment Props II LLC
Grant Deed
$42,800,000 · Union Bank
Jul 2, 2009
$53,249,354
Block In Ballard LLC
Kg Investment Props II LLC
Grant Deed
—
Feb 27, 2008
—
Kg Investment Props II LLC
—
Deed Of Trust
related
$10,790,724 · Union Bank Of California
Jan 31, 2006
$900,000
Kg Investment Props II LLC
Opfer,lloyd D & Carolyn
Grant Deed
$37,600,000 · Union Bank Of California
Feb 18, 2005
—
Carol Enbom
Lbj Ptshp
Warranty Deed
—
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?”
You own 4609 14th NW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
