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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Drive through restaurants
5300 15th NW Ave Seattle, WA 98107-3807
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US90-1243177
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1988
Construction
WOOD
Total area
649 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C1-75 (M)
APN
276830-0510
UPID
US90-1243177
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
-
shawarma prince Restaurant
-
Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Nwcc Investments INC · 27 yrs held
Nwcc Investments INC
since 1998
7 recorded transactions
Zoning & alternative use
C1-75 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to promote general commercial activities, to provide for an auto-oriented, primarily retail or service commercial area that serves surrounding neighborhoods and the larger community, citywide, or regional clientele. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Commercial Mandatory Housing Affordability
General category
COMMERCIAL
Zone area
336.11 ac
Source
Realmo
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
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
$370 / 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
$8,899
Tax year 2022
Assessed value
$1,001,000
Assessed 2022
Previous assessed
$1,001,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$1,000
Land market value
$1,000,000
Improvement market value
$1,000
Total market value
$1,001,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
649 SF
Lot
0.09 ac (4,000 SF)
Zoning code
C1-75 (M)
APN
276830-0510
UPID
US90-1243177
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1-75 (M) · Seattle, WAZoning C1-75 (M) · permitted uses
C1-75 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to promote general commercial activities, to provide for an auto-oriented, primarily retail or service commercial area that serves surrounding neighborhoods and the larger community, citywide, or regional clientele. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Commercial Mandatory Housing Affordability
General category
COMMERCIAL
Zone area
336.11 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Nwcc Investments INC
Entity
Mailing address
1402 E PIKE ST, SEATTLE, WA 98122-4148
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
—
Nwcc Investments INC
—
Deed
related
$2,800,000 · 1st Security Bank Of Washington
Jan 10, 2019
—
Nwcc Investments INC
—
Deed
related
$750,000 · First Fsla Of Port Angeles
Apr 14, 2017
—
Nwcc Investments INC
—
Deed
related
$1,225,000 · First Fed'l S&l Assoc/port Ang
Jul 16, 2003
—
Nwcc Investments LLC
—
Deed Of Trust
related
$8,500,000 · Wells Fargo Bank
Sep 27, 2002
—
Nwcc Investments III LLC
—
Deed Of Trust
related
$1,050,000 · Micahel A Nieder
Aug 21, 1998
$19,290
Nwcc Investments INC
Burley,richard S
Trustees Deed
—
Aug 21, 1998
—
Constance Palmerlee
Union Bank Of California Ttee
Quit Claim Deed
related
—
Aug 21, 1998
$38,570
Nwcc Investments INC
Lfm LLC
Trustees Deed
—
Feb 18, 1998
—
Mark S Mcdonald
Ballard Associates
Quit Claim Deed
related
$81,000 · Pacific Coast Investment Co
Mar 24, 1995
—
Barbara Gregory
Bargelt,rosamond
Quit Claim Deed
related
—
—
—
Nwcc Investments INC
—
Deed Of Trust
related
$300,000 · Brad Shain
—
—
Nwcc Investments INC
—
Deed Of Trust
related
$165,000 · Key Bank NA
—
—
Mark Mcdonald
—
Deed Of Trust
related
$165,000 · Key Bank NA
—
—
Nwcc Investments INC
—
Deed Of Trust
related
$1,225,000 · First Fed'l S&l Assoc/port Ang
—
—
Nwcc Investments INC
—
Deed Of Trust
related
$266,000 · Chesterfield Mortgage Investor
—
—
Mark S Mcdonald
—
Deed Of Trust
related
$50,000 · Asia Europe Americas 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.
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