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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
535 Sunset Way, Issaquah, WA 98027-3438
Individually Owned
8-yr Hold
Property ID
US90-3248400
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Construction
WOOD
Total area
2,544 SF
Lot
0.18 ac (7,680 SF)
Zoning code
MF-H
APN
342406-9171
UPID
US90-3248400
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
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Shark Attack Limited Liability Comp · 8 yrs held
Shark Attack Limited Liability Comp
since 2017
7 recorded transactions
Zoning & alternative use
MF-H · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+4.5%
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 Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah 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%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,120,000
Current use
AUTO REPAIR, GARAGE
$1,170,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$1,005,000
Change: -10% · Conversion: Easy
RETAIL STORES
$1,000,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$281 / 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
$7,147
Tax year 2022
Assessed value
$940,400
Assessed 2022
Previous assessed
$940,400
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$614,400
Assessed improvement
$326,000
Land market value
$614,400
Improvement market value
$326,000
Total market value
$940,400
Applied tax rate
1,405.0000
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
FORCED AIR
Buildings
2
Stories
1
Bathrooms
2
Total area
2,544 SF
Lot
0.18 ac (7,680 SF)
Zoning code
MF-H
APN
342406-9171
UPID
US90-3248400
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MF-H · Issaquah, WA
Zoning MF-H · permitted uses
MF-H · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
FORCED AIR
Stories
1
Buildings
2
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Shark Attack Limited Liability Comp
Individual
Mailing address
535 E SUNSET WAY, ISSAQUAH, WA 98027-3438
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
Shark Attack LLC
—
Deed
related
$500,000 · Banner Bank
Sep 29, 2021
—
Shark Attack LLC
—
Deed
related
$998,805 · Banner Bank
Aug 11, 2017
$1,085,000
Shark Attack Limited Liability Comp
Healy Sunset LLC
Warranty Deed
$1,780,000 · Finwise Bank
Jan 17, 2008
—
Healy Sunset LLC
Duffy,mark W & Andrea B
Quit Claim Deed
related
—
May 18, 2007
$510,000
Mark W Duffy
Healey,joseph L
Warranty Deed
—
Jun 30, 1989
$125,000
Joseph Leo Healey
Collins,harold E
Grant Deed
$100,000 · Washington Mutual Fsb
—
—
Healy Sunset LLC
—
Deed Of Trust
related
$668,000 · Issaquah Community 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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