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Property profile & analytics
OFF-MARKET
Office buildings
514 Auburn N Way Auburn, WA 98002-4335
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0478900
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Construction
WOOD
Total area
1,442 SF
Lot
0.13 ac (5,505 SF)
Zoning code
C1
APN
182105-9137
UPID
US90-0478900
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
-
John L Scott Real Estate Real Estate Agency
-
Michael Mitchell-Preston Counselor
-
Live Long & Prosper Chiropractic LLC Alternative Medicine Practice
-
Thomas Del Rio Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lv Group LLC · 8 yrs held
Lv Group LLC
since 2018
7 recorded transactions
Zoning & alternative use
C1 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
—
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
$4,349
Tax year 2022
Assessed value
$373,500
Assessed 2022
Previous assessed
$373,500
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$71,500
Assessed improvement
$302,000
Land market value
$71,500
Improvement market value
$302,000
Total market value
$373,500
Applied tax rate
133.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Total area
1,442 SF
Lot
0.13 ac (5,505 SF)
Zoning code
C1
APN
182105-9137
UPID
US90-0478900
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Auburn, WA
Zoning C1 · permitted uses
C1 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Lv Group LLC
Entity
Mailing address
18510 SE 60TH ST, ISSAQUAH, WA 98027-8612
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2021
—
Lv Group LLC
—
Deed
related
$1,300,000 · Umpqua Bank
Jun 21, 2018
$1,850,000
Lv Group LLC
P&j Ent LLC
Warranty Deed
$1,387,500 · First Citizens Bank & Trust Co
Mar 10, 2010
$350,000
P & J Ent LLC
Joseph-perry & Co LLC
Warranty Deed
—
Dec 17, 2007
$395,000
Joseph-ryan & Co LLC
J & M Holdings LLC
Warranty Deed
$335,000 · J&m Holdings LLC
Jan 7, 2002
$240,000
J & M Holdings LLC
Porteam Marketing INC
Grant Deed
related
—
Aug 18, 1994
$158
Auburn City
Lyden Ltd
Grant Deed
related
—
Jun 16, 1992
$240,000
Lyden Ltd
Residential Reso
Grant Deed
$180,000 · Seller
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$200,000 · Valley Bank
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$500,000 · Valley Bank
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$250,000 · Calvin F Bashaw
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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