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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Manufacturing properties
4749 Marginal SW Way, Seattle, WA 98106-1514
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0389933
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,032 SF
Lot
0.4 ac (17,318 SF)
Zoning code
NR2
APN
284020-0490
UPID
US90-0389933
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
-
Bell Industrial Minerals and Solutions Big Box & Wholesale Store
-
Expert Marble & Granite Inc Building Supply Hardware & Home Improvement
-
Salmon Bay Barge Line Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Salmon Bay Barge Line INC · 5 yrs held
Salmon Bay Barge Line INC
since 2020
Last sale
$673,000
6 recorded transactions
Zoning & alternative use
NR2 · 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
Method
Estimation
Statistic approach
$655,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$560,000
7%
$520,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $673k (Sep 29 2020)
Last sale anchor
$673k
Sep 29 2020
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
$165 / 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
$6,960
Tax year 2022
Assessed value
$600,100
Assessed 2022
Previous assessed
$600,100
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$303,100
Assessed improvement
$297,000
Land market value
$303,100
Improvement market value
$297,000
Total market value
$600,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
4,032 SF
Lot
0.4 ac (17,318 SF)
Zoning code
NR2
APN
284020-0490
UPID
US90-0389933
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NR2 · Seattle, WA
Zoning NR2 · permitted uses
NR2 · 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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Salmon Bay Barge Line INC
Entity
Mailing address
4749 W MARGINAL WAY SE, SEATTLE, WA 98105
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Salmon Bay Barge Line INC
—
Deed
related
$575,000 · Matthew Ruggles Little Ira 5652
Sep 29, 2020
$673,000
Salmon Bay Barge Line INC
Sea Be Commercial Venture LLC
Warranty Deed
$538,400 · Matthew Ruggles
Jul 11, 2005
$430,000
Sea Be Commercial Ventures LLC
4749 LLC
Warranty Deed
$322,500 · Viking Bank
Jun 20, 2003
—
4749 LLC
Jorve,michelle J
Quit Claim Deed
related
—
Feb 13, 2001
—
Home Loan 1-800
Jorve,theodore
Quit Claim Deed
related
—
Feb 28, 1995
$241,000
Theodore D Jorve
Hamilton,john G & Geraldine F
Grant Deed
$191,000 · 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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