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Property profile & analytics
FOR SALE
Warehouses
5350 30Th Ave NW Seattle, WA 98107
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0696214
For Sale
$12,000,000
5350 30Th Ave NW, Seattle, WA 98107
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
STEEL FRAME
Total area
16,800 SF
Lot
4.33 ac (188,520 SF)
Zoning code
IG1 U/65
APN
046700-0784
UPID
US90-0696214
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
-
Pico Sound Recording Studio
-
Republic Parking 30-241 Jacobson Terminals Lot Parking Lot & Garage
-
Marine Lenders Services Engineering Consultant
-
Waypoint Marine (Bike/Boat/Book/etc) Store
-
Albertos Fiberglass Repair (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Alan R Jacobson · 13 yrs held
Alan R Jacobson
since 2012
7 recorded transactions
Zoning & alternative use
IG1 U/65 · 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%
$3,080,000
6.5%
$2,840,000
7%
$2,640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,965,000
Current use
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±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
$182 / 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
$67,674
Tax year 2022
Assessed value
$6,354,400
Assessed 2022
Previous assessed
$6,354,400
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$5,839,300
Assessed improvement
$515,100
Land market value
$5,839,300
Improvement market value
$515,100
Total market value
$6,354,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Buildings
4
Stories
1
Total area
16,800 SF
Lot
4.33 ac (188,520 SF)
Zoning code
IG1 U/65
APN
046700-0784
UPID
US90-0696214
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG1 U/65 · Seattle, WA
Zoning IG1 U/65 · permitted uses
IG1 U/65 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.0M
WAREHOUSE, STORAGE Current
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
1977
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
4
Lot
4.33 ac
Current owner
From public records · entity-resolved
Alan R Jacobson
Individual
Mailing address
5350 30TH AVE NW, SEATTLE, WA 98107-5813
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
A & B Jacobson LLC
—
Deed
related
$3,600,000 · Banner Bk
Dec 28, 2012
$3,370,320
Alan R Jacobson
Bryan K Jacobson
Bargain And Sale Deed
$3,600,000 · Americanwest Bank
Dec 28, 2012
—
A & B Jacobson LLC
Jacobson,alan R & Margie E
Quit Claim Deed
$3,600,000 · American West Bank
May 20, 2002
—
Alan R Jacobson
Jacobson,alan R
Quit Claim Deed
related
—
—
—
Bryan K Jacobson
—
Deed Of Trust
related
$150,000 · Viking Community Bank
—
—
Alan R Jacobson
—
Deed Of Trust
related
$400,000 · Viking Bank
—
—
Jacobson Marine Terminals INC
—
Deed Of Trust
related
$3,600,000 · American West Bk
—
—
A & B Jacobson LLC
—
Loan Modification
related
$3,600,000 · Banner Bk
—
—
Jacobson Marine Terminals INC
—
Loan Modification
related
$3,600,000 · Banner Bk
—
—
Jacobson Marine Terminals INC
—
Loan Modification
related
$3,983,668 · American West Bk
—
—
A & B Jacobson LLC
—
Loan Modification
related
$3,983,668 · American West Bk
—
—
Alan R Jacobson
—
Deed Of Trust
related
$600,000 · Viking Community Bank
—
—
Alan R Jacobson
—
Deed Of Trust
related
$750,000 · 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.
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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