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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
5503 Rainier S Ave, Seattle, WA 98118-2440
Individually Owned
5-yr Hold
Property ID
US90-1926005
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2019
Construction
WOOD
Total area
1,290 SF
Lot
0.01 ac (567 SF)
Zoning code
NC2-40
APN
333050-0442
UPID
US90-1926005
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
$480k
CAP Approach
CAP
$335k
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$520k
Owner & transaction history
Daniel Gotkin · 5 yrs held
Daniel Gotkin
since 2021
Last sale
$519,950
2 recorded transactions
Zoning & alternative use
NC2-40 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$530,000
+32.8%
Retail stores
$515,000
+29.4%
Office building
$455,000
+14.0%
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
$520,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
$365,000
6.5%
$335,000
7%
$310,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$400,000
Current use
AUTO REPAIR, GARAGE
$530,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$515,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$455,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$445,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$380,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $520k (Mar 25 2021)
Last sale anchor
$520k
Mar 25 2021
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
$403 / 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
$4,110
Tax year 2022
Assessed value
$477,300
Assessed 2022
Previous assessed
$477,300
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$73,700
Assessed improvement
$403,600
Land market value
$73,700
Improvement market value
$403,600
Total market value
$477,300
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
2019
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
3
Total area
1,290 SF
Lot
0.01 ac (567 SF)
Zoning code
NC2-40
APN
333050-0442
UPID
US90-1926005
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2-40 · Seattle, WA
Zoning NC2-40 · permitted uses
NC2-40 · 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
COMMERCIAL (GENERAL) Current
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$530,000
RETAIL STORES
Est. value
$515,000
OFFICE BUILDING
Est. value
$455,000
MEDICAL BUILDING
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$380,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2019
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
3
Lot
0.01 ac
Current owner
From public records · entity-resolved
Daniel Gotkin
Individual
Mailing address
5503 RAINIER AVE S, SEATTLE, WA 98118-2440
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
$519,950
Daniel Gotkin
Sage Homes Northwest LLC
Warranty Deed
$99,950 · Homebridge Financial Services INC
Feb 26, 2021
$515,000
Lauren Violette
Sage Homes Northwest LLC
Warranty Deed
$489,250 · Homestreet 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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