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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Office Spaces
5500 180th SW Ave Rochester, WA 98579-7510
Individually Owned
18-yr Hold
Free & Clear
Property ID
US90-1747559
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Construction
WOOD FRAME
Total area
22,400 SF
Lot
62.68 ac (2,730,341 SF)
APN
7220-01-00000
UPID
US90-1747559
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
$2.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.15M
Owner & transaction history
Icicle Acquisition Subsidiary · 18 yrs held
Icicle Acquisition Subsidiary
since 2008
7 recorded transactions
Zoning & alternative use
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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester 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%
$3,060,000
6.5%
$2,825,000
7%
$2,620,000
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±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
$96 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$24,121
Tax year 2024
Assessed value
$2,827,400
Assessed 2023
Previous assessed
$3,670,200
-23.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$297,400
Assessed improvement
$2,530,000
Land market value
$297,400
Improvement market value
$2,530,000
Total market value
$2,827,400
Applied tax rate
490.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1978
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
5
Stories
2
Bathrooms
1
Total area
22,400 SF
Lot
62.68 ac (2,730,341 SF)
APN
7220-01-00000
UPID
US90-1747559
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
5
Bathrooms
1
Lot
62.68 ac
Current owner
From public records · entity-resolved
Icicle Acquisition Subsidiary
Individual
Free & Clear · 18 yrs held
Mailing address
PO BOX 991, CALAIS, ME 04619-0991
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2008
$1,190,250
Icicle Acquisition Subsidiary
American Gold Seafoods LLC
Warranty Deed
—
May 4, 2005
$1,081,650
American Gold Seafoods LLC
Pan Fish USA Ltd
Warranty Deed
—
Jun 2, 2000
—
Northwest Sea Farms LLC
—
Deed Of Trust
related
$7,000,000 · Christiana Bank Og Kreditkasse
Sep 7, 1999
—
Northwest Sea Farms LLC
—
Deed Of Trust
related
$6,900,000 · Ewos Canada Ltd
Jun 16, 1999
—
Northwest Sea Farm LLC
Global Aqua USA LLC
Grant Deed
related
—
Jan 6, 1988
$3,300,000
Global Aqua USA INC
Unknown
Grant Deed
—
—
—
Icicle Acquisition Subsidiary
—
Deed Of Trust
related
—
—
—
Icicle Acquisition Subsidiary
—
Loan Modification
related
—
—
—
Icicle Acquisition Subsidiary
—
Loan Modification
related
—
—
—
Cypress Island INC
—
Deed Of Trust
related
$2,900,000 · Den Norske Bank Asa
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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