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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
5329 Tallman NW Ave Seattle, WA 98107-3933
Entity Owned
13-yr Hold
Free & Clear
Property ID
US90-1199363
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Construction
WOOD FRAME
Total area
3,788 SF
Lot
0.11 ac (5,000 SF)
Zoning code
NC3P-95 (M)
APN
276770-3660
UPID
US90-1199363
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
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$416k
Blend (final)
Blend
$510k
Owner & transaction history
Eqr-tallman LLC · 13 yrs held
Eqr-tallman LLC
since 2013
7 recorded transactions
Zoning & alternative use
NC3P-95 (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
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$135 / 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
$17,046
Tax year 2022
Assessed value
$2,000,000
Assessed 2022
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$2,000,000
Land market value
$2,000,000
Total market value
$2,000,000
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
Off-Market
Year built
1959
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
WALL UNIT
Stories
3
Total area
3,788 SF
Lot
0.11 ac (5,000 SF)
Zoning code
NC3P-95 (M)
APN
276770-3660
UPID
US90-1199363
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3P-95 (M) · Seattle, WA
Zoning NC3P-95 (M) · permitted uses
NC3P-95 (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
1959
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Eqr-tallman LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 87407, CHICAGO, IL 60680-0407
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2013
$3,795,000
Eqr-tallman LLC
Bt Land Holding LLC
Grant Deed
—
Apr 1, 2013
$2,000,000
Bt Land Holding LLC
Greenfielding INC
Grant Deed
—
Sep 1, 2011
—
Greenfielding INC
Ken Gronvold Construction Co
Quit Claim Deed
related
—
Feb 28, 2002
$588,500
Gronvold Construction Co
Barthe Trust
Grant Deed
—
Oct 5, 1993
$435,000
Gilbert J Barthe
Sauerzopf,maria
Grant Deed
—
Feb 10, 1992
—
Maria C Sauerzopf
Hammond,benjamin
Quit Claim Deed
related
—
—
—
Greenfielding INC
—
Deed Of Trust
related
—
—
—
Ken Gronvold Construction Co
—
Deed Of Trust
related
$525,000 · Viking Community Bank
—
—
Ken Gronvold Construction Co
—
Deed Of Trust
related
$615,000 · Viking 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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