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Property profile & analytics
FOR LEASE
Investment properties
522 North 85Th St Seattle, WA 98103
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3084504
For Lease
1 / 3
$11,670,000
522 North 85Th St, Seattle, WA 98103
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
89,238 SF
Lot
1.15 ac (50,225 SF)
Zoning code
NC3-55 (M)
APN
643150-0260
UPID
US90-3084504
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
-
Guinevere Apartments Building C Apartment Building
-
Guinevere Apartment Homes Real Estate Agency
-
Contract Library Services LLC Public Library
-
Weather Control Marketing & Advertising Advertising Agency
-
Foundry Law Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.53M
Blend (final)
Blend
$11.67M
Owner & transaction history
Guinevere LLC · 25 yrs held
Guinevere LLC
since 2001
7 recorded transactions
Zoning & alternative use
NC3-55 (M) · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.67M
Range $10.50M – $12.84M · ±10%
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
$131 / 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
$336,210
Tax year 2022
Assessed value
$40,432,000
Assessed 2022
Previous assessed
$40,432,000
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$11,551,700
Assessed improvement
$28,880,300
Land market value
$11,551,700
Improvement market value
$28,880,300
Total market value
$40,432,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
4
Units
139
Total area
89,238 SF
Lot
1.15 ac (50,225 SF)
Zoning code
NC3-55 (M)
APN
643150-0260
UPID
US90-3084504
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-55 (M) · Seattle, WA
Zoning NC3-55 (M) · permitted uses
NC3-55 (M) · 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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
4
Units
139
Lot
1.15 ac
Current owner
From public records · entity-resolved
Guinevere LLC
Entity
Mailing address
1140 PARKSIDE DR E, SEATTLE, WA 98112-3716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
—
Guinevere LLC
—
Deed
related
$21,000,000 · Principal Life Insurance Co
Sep 1, 2004
—
Guinevere LLC
—
Trustees Deed
related
$10,500,000 · Wachovia Multifamily Capital
Jun 27, 2001
—
Guinevere LLC
—
Trustees Deed
related
$12,262,500 · Pacific Northwest Bank
Jan 31, 2001
$2,800,000
Guinevere LLC
Villaggio Investment Partners
Grant Deed
—
Sep 1, 1999
$1,500,000
Vilaggio Investment Partners
Greer,james M
Grant Deed
$1,450,000 · Sterling Savings Bank
Dec 6, 1991
—
James M Greer
Greer,vernon A&s
Quit Claim Deed
related
—
—
—
Guinevere LLC
—
Deed Of Trust
related
$13,485,000 · Private Lender
—
—
Guinevere LLC
—
Deed Of Trust
related
$2,800,000 · Frontier Bank
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?”
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