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Property profile & analytics
OFF-MARKET
Investment properties
5628 University NE Way Seattle, WA 98105-2620
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-0876637
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1908
Construction
WOOD
Total area
2,376 SF
Lot
0.09 ac (3,720 SF)
Zoning code
LR3
APN
522630-0090
UPID
US90-0876637
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
-
Birrieria Pepe El Toro Restaurant
-
Macho Burgers Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
5628 University Way LLC · 8 yrs held
5628 University Way LLC
since 2018
7 recorded transactions
Zoning & alternative use
LR3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,900
Tax year 2022
Assessed value
$1,869,800
Assessed 2022
Previous assessed
$1,869,800
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,041,600
Assessed improvement
$828,200
Land market value
$1,041,600
Improvement market value
$828,200
Total market value
$1,869,800
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
1908
Construction
WOOD
Heating
FORCED AIR
Buildings
2
Stories
3
Total area
2,376 SF
Lot
0.09 ac (3,720 SF)
Zoning code
LR3
APN
522630-0090
UPID
US90-0876637
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LR3 · Seattle, WA
Zoning LR3 · permitted uses
LR3 · 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
1908
Construction
WOOD
Heating
FORCED AIR
Stories
3
Buildings
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
5628 University Way LLC
Entity
Free & Clear · 8 yrs held
Mailing address
9510 20TH AVE NE, SEATTLE, WA 98115-2331
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Aug 24, 2022
—
5628 University Way LLC
—
Deed
related
$865,000 · Columbia State Bank
Apr 13, 2018
—
5628 University Way LLC
—
Deed
related
$900,000 · Peoples Bk & Tr Co/clinton
Apr 5, 2018
—
5628 University Way LLC
Futterman,alan & Sanja D
Grant Deed
—
Dec 18, 1998
$250,000
Alan Futterman
Yamashita,hitomi
Grant Deed
—
Dec 5, 1990
—
Yamashita,hitomi
Defer The Tax 10
Grant Deed
related
—
—
—
Alan Futterman
—
Deed Of Trust
related
$249,000 · Viking Bank
—
—
5628 University Way LLC
—
Deed Of Trust
related
$900,000 · Peoples Bk & Tr Co/clinton
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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