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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Retail space
575 Rainier N Ave Renton, WA 98057-5318
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1588281
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,049 SF
Lot
0.91 ac (39,822 SF)
Zoning code
CA
APN
956480-0175
UPID
US90-1588281
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
$3.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Society Of St Vincent De Paul Counc · 14 yrs held
Society Of St Vincent De Paul Counc
since 2011
7 recorded transactions
Zoning & alternative use
CA · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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%
$3,490,000
6.5%
$3,225,000
7%
$2,995,000
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±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
$194 / 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
$2,298
Tax year 2022
Assessed value
$2,776,200
Assessed 2022
Previous assessed
$2,776,200
+0.0% YoY
Effective rate
0.08%
On assessed value
Assessed land
$1,672,500
Assessed improvement
$1,103,700
Land market value
$1,672,500
Improvement market value
$1,103,700
Total market value
$2,776,200
Applied tax rate
2,100.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,049 SF
Lot
0.91 ac (39,822 SF)
Zoning code
CA
APN
956480-0175
UPID
US90-1588281
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Renton, WA
Zoning CA · permitted uses
CA · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Society Of St Vincent De Paul Counc
Individual
Mailing address
5950 4TH AVE S, SEATTLE, WA 98108-3208
Ownership since
2011
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
Oct 28, 2011
$1,595,000
Society Of St Vincent De Paul Counc
Blue Water Properties 13 LLC
Special Warranty Deed
$1,116,500 · Wells Fargo Bank NA
Sep 24, 2009
—
Blue Water Properties 13 LLC
Washington First Intl Bk
Quit Claim Deed
related
—
Aug 25, 2006
—
601 Rainier LLC
Jda Group LLC
Warranty Deed
—
Aug 25, 2006
$303,750
Jda Group LLC
L D Kline Corp
Quit Claim Deed
related
—
Aug 21, 2003
—
Jda Group LLC
—
Deed Of Trust
related
$1,900,000 · Evergreenbank
Feb 4, 2002
$1,350,000
Jda Group LLC
Meyer,dorothy
Grant Deed
$808,000 · Dorothy Meyer
—
—
601 Rainier LLC
—
Deed Of Trust
related
$500,000 · Washington First Int'l Bank
—
—
601 Rainier LLC
—
Deed Of Trust
related
$3,850,000 · Washington First Int'l Bank
—
—
601 Rainier LLC
—
Deed Of Trust
related
$249,000 · Evergreenbank
—
—
Jda Group LLC
—
Deed Of Trust
related
$390,000 · Id Kline 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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