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Property profile & analytics
FOR LEASE
Office buildings
5200 Southcenter Blvd S Tukwila, WA 98188
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3133242
For Lease
1 / 3
$28.50 SF/Yr
5200 Southcenter Blvd S, Tukwila, WA 98188
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
63,695 SF
Lot
1.48 ac (64,379 SF)
Zoning code
RCM
APN
115720-0013
UPID
US90-3133242
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.41M
Owner & transaction history
International Union Of Painters And · 3 yrs held
International Union Of Painters And
since 2023
Last sale
$11.1M
7 recorded transactions
Zoning & alternative use
RCM · Tukwila, 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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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
$10,310,000
ML approach
$9,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.41M
Range $9.36M – $11.45M · ±10% · vs last sale $11.11M (Jan 18 2023)
Last sale anchor
$11.11M
Jan 18 2023
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
$163 / 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
$88,382
Tax year 2022
Assessed value
$8,114,300
Assessed 2022
Previous assessed
$8,114,300
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,174,900
Assessed improvement
$6,939,400
Land market value
$1,174,900
Improvement market value
$6,939,400
Total market value
$8,114,300
Applied tax rate
2,401.0000
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
For Lease
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
2
Total area
63,695 SF
Lot
1.48 ac (64,379 SF)
Zoning code
RCM
APN
115720-0013
UPID
US90-3133242
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RCM · Tukwila, WA
Zoning RCM · permitted uses
RCM · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tukwila. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
International Union Of Painters And
Individual
Mailing address
5200 SOUTHCENTER BLVD, TUKWILA, WA 98188-2356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$11,110,000
International Union Of Painters And
Gesa Credit Union
Bargain And Sale Deed
$8,332,500 · Bay Commercial Bank
Dec 2, 2015
—
Inspirus Cu
Inspirus Cu
Quit Claim Deed
related
—
Jan 8, 2015
$6,395,000
School Emps Cu Of Wa
Grow Investments LLC
Grant Deed
—
Sep 18, 2008
$5,650,000
Grow Investments LLC
Tukamore LLC
Warranty Deed
$3,620,000 · Bank Of America
Jun 1, 2007
—
Tukamore LLC
Joseph L Brotherton
Quit Claim Deed
related
$3,220,000 · Us Bank NA
Jun 1, 2007
$3,075,000
Joseph L Brotherton
Pleas,riley W & Nancy
Grant Deed
—
Dec 21, 2000
—
Riley W Pleas
Brotherton-pleas
Quit Claim Deed
related
—
Mar 31, 1999
$3,500,000
Brotherson-pleas
Aero-space Port International
Grant Deed
$2,800,000 · Us Bank
Dec 1, 1994
$797,140
Aero-space Port Intl Group
Manufacturers Life Insurance
Grant Deed
$1,200,000 · First International Bank
Dec 2, 1993
—
H Tomlinson Estate A
Dutch Windmill P
Quit Claim Deed
related
—
Nov 15, 1990
$3,750,000
Dutch Windmill Properties
Solly,bruce W&na
Grant Deed
$112,500 · Seller
—
—
Grow Investments LLC
—
Deed Of Trust
related
$1,500,000 · Rural Housing & Community Dev
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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