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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Commercial real estate
5600 Rainier S Ave, Seattle, WA 98118-2407
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-2075254
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,620 SF
Lot
0.11 ac (4,880 SF)
Zoning code
NC2P-55 (M)
APN
333050-0935
UPID
US90-2075254
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
-
Onda Origins Cafe & Roastery Cafe & Coffee Shop
-
RE-STORY THERAPY Medical Clinic
-
Pride Law Law Firm
-
Seattle Driving Academy Training Center Vocational School
-
Pride Law, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.07M
Owner & transaction history
Jta LLC · 13 yrs held
Jta LLC
since 2013
7 recorded transactions
Zoning & alternative use
NC2P-55 (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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$162 / 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
$11,820
Tax year 2022
Assessed value
$1,340,400
Assessed 2022
Previous assessed
$1,340,400
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$634,400
Assessed improvement
$706,000
Land market value
$634,400
Improvement market value
$706,000
Total market value
$1,340,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Total area
6,620 SF
Lot
0.11 ac (4,880 SF)
Zoning code
NC2P-55 (M)
APN
333050-0935
UPID
US90-2075254
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-55 (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
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jta LLC
Entity
Mailing address
4861 RAINIER AVE S, SEATTLE, WA 98118-1741
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2013
$550,000
Jta LLC
Juniper Loan Servicing Corp
Grant Deed
$200,000 · Juniper Ln Svcng Corp
Dec 21, 2012
—
Juniper Loan Servicing Corp
Olympic Coast Inv INC
Quit Claim Deed
related
—
May 27, 2010
—
Daniel Maynard
Riptide LLC
Deed In Lieu Of Foreclosure
related
—
May 25, 2010
—
Riptide LLC
Hoss,john R
Quit Claim Deed
related
—
Aug 27, 2008
$63,239
John R Hoss
Ordal Trustee Svcs INC
Trustees Deed
—
Aug 10, 2001
$83,050
William M Brown
Rbown,rodney R
Quit Claim Deed
related
$192,500 · Chesterfield Mortgage Investor
Mar 13, 1998
—
Brown,rodney R
Tran,annette
Trustees Deed
related
—
Oct 22, 1997
—
Annette Tran
Brown,rodney R
Grant Deed
related
—
Apr 4, 1991
—
Rodney R Brown
Brown,william M
Quit Claim Deed
related
—
—
—
Rodney R Brown
—
Deed Of Trust
related
$83,000 · Key Bank Of Washington
—
—
Rodney R Brown
—
Deed Of Trust
related
$2,500 · Cls Financial Services INC
—
—
Rodney R Brown
—
Deed Of Trust
related
$50,000 · Cls Financial Services INC
—
—
William M Brown
—
Deed Of Trust
related
$945,000 · Olympic Coast Investment INC
—
—
William M Brown
—
Deed Of Trust
related
$300,000 · Westar Funding Corp
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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