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Property profile & analytics
FOR SALE
Commercial real estate
4850 37Th Ave S Seattle, WA 98118
Entity Owned
~
Est. High Equity
Property ID
US90-0993503
No photos on file
For Sale
$2,200,000
4850 37Th Ave S, Seattle, WA 98118
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,362 SF
Lot
0.15 ac (6,600 SF)
Zoning code
NC3-40
APN
170290-0900
UPID
US90-0993503
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
-
Books4cars.com - Automotive Book Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.60M
Owner & transaction history
Moya Ventures LLC
Moya Ventures LLC
since 2025
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
NC3-40 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+32.8%
Retail stores
$2.2M
+29.4%
Apartment house (5+ units)
$1.9M
+14.5%
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
$1,750,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
$1,510,000
6.5%
$1,390,000
7%
$1,295,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,660,000
Current use
AUTO REPAIR, GARAGE
$2,205,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$2,150,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,900,000
Change: +14% · Conversion: Moderate
OFFICE BUILDING
$1,895,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$1,845,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$1,585,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.62M (Jul 30 2025)
Last sale anchor
$1.62M
Jul 30 2025
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
$298 / 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
$12,005
Tax year 2022
Assessed value
$1,323,400
Assessed 2022
Previous assessed
$1,323,400
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$759,000
Assessed improvement
$564,400
Land market value
$759,000
Improvement market value
$564,400
Total market value
$1,323,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
5,362 SF
Lot
0.15 ac (6,600 SF)
Zoning code
NC3-40
APN
170290-0900
UPID
US90-0993503
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-40 · Seattle, WA
Zoning NC3-40 · permitted uses
NC3-40 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Moya Ventures LLC
Entity
Mailing address
PO BOX 1337, BURIEN, WA 98062-1337
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Oct 30, 2025
$1,619,389
Moya Ventures LLC
Gabriel O'higgins Mctigue
Warranty Deed
$741,727 · Gabriel O'higgins Mctigue
Jan 30, 2020
$1,800,000
Gabriel O Higgins Mctigue
Seven Star LP
Warranty Deed
$830,000 · Alaska USA FCU
Oct 21, 2010
—
Vienna T Le
Le Edward,k
Quit Claim Deed
related
—
Apr 27, 1998
$270,000
Seven Star LP
Tuliva,gamu
Grant Deed
$74,876 · Seller
Aug 20, 1992
—
Gamu Tuliva
Hardcastle,morri
Quit Claim Deed
related
—
—
—
Seven Star LP
—
Deed Of Trust
related
$240,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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