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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Warehouses
596 Industry Dr, Tukwila, WA 98188-3432
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1567474
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,589 SF
Lot
3.72 ac (162,122 SF)
Zoning code
TUC-TOD
APN
022340-0010
UPID
US90-1567474
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
Seattle Smsa Limited Partnership · 4 yrs held
Seattle Smsa Limited Partnership
since 2022
7 recorded transactions
Zoning & alternative use
TUC-TOD · Tukwila, 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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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
$80 / 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
$176,705
Tax year 2022
Assessed value
$16,355,400
Assessed 2022
Previous assessed
$16,355,400
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$5,390,500
Assessed improvement
$10,964,900
Land market value
$5,390,500
Improvement market value
$10,964,900
Total market value
$16,355,400
Applied tax rate
2,426.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
4
Stories
2
Total area
19,589 SF
Lot
3.72 ac (162,122 SF)
Zoning code
TUC-TOD
APN
022340-0010
UPID
US90-1567474
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TUC-TOD · Tukwila, WA
Zoning TUC-TOD · permitted uses
TUC-TOD · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tukwila. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Buildings
4
Lot
3.72 ac
Current owner
From public records · entity-resolved
Seattle Smsa Limited Partnership
Entity
Free & Clear · 4 yrs held
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
—
Seattle Smsa Limited Partnership
Seaphx Tt LLC
Lease
—
Sep 1, 2021
$46,175,710
Seaphx Ll LLC
Bkm Andover 118 LLC
Bargain And Sale Deed
$192,750,000 · Canadian Imperial Bank Of Commerce
Jun 28, 2019
—
Bkm Andover 118 LLC
—
Deed
related
$22,400,000 · Bank Of America
Oct 25, 2016
$19,800,000
Bkm Andover 118 LLC
Ncwp-andover Executive Park Ll
Warranty Deed
$14,739,000 · Bank Of America
Oct 16, 2013
$8,698,000
Park Ll Ncwp-andover Executive
Blue Dog Properties Trust
Grant Deed
$38,000,000 · Lmrec III Holdings III INC
Jun 2, 1998
—
Sbp General Partnership
—
Deed Of Trust
related
$5,500,000 · Lincoln National Life Ins
Feb 18, 1993
—
Sbp General Partnership
Hallwood R E Inv
Grant Deed
related
—
—
—
Bkm Andover 118 LLC
—
Loan Modification
related
$22,400,000 · Bank Of America
—
—
Ncwp-andover Executive Park Ll
—
Deed Of Trust
related
$29,000,000 · Rait Ptshp
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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