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Property profile & analytics
OFF-MARKET
Estimated value
$3,630,000
Manufacturing properties
620 7th St, Renton, WA 98057-2701
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1550860
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,200 SF
Lot
1.23 ac (53,400 SF)
Zoning code
CD
APN
182305-9046
UPID
US90-1550860
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
$3.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$3.63M
Owner & transaction history
Wholesale Fish & Pet Supply LLC · 4 yrs held
Wholesale Fish & Pet Supply LLC
since 2021
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
CD · Renton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+85.8%
Commercial (general)
$5.7M
+79.1%
Auto repair, garage
$4.6M
+45.6%
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
$3,760,000
ML approach
$3,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,165,000
Current use
RESTAURANT
$5,875,000
Change: +86% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,665,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,610,000
Change: +46% · Conversion: Easy
RETAIL STORES
$4,490,000
Change: +42% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,970,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$3,850,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,310,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10% · vs last sale $3.49M (Sep 30 2021)
Last sale anchor
$3.49M
Sep 30 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
$324 / 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
$36,395
Tax year 2022
Assessed value
$3,477,100
Assessed 2022
Previous assessed
$3,477,100
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,216,100
Assessed improvement
$1,261,000
Land market value
$2,216,100
Improvement market value
$1,261,000
Total market value
$3,477,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
11,200 SF
Lot
1.23 ac (53,400 SF)
Zoning code
CD
APN
182305-9046
UPID
US90-1550860
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CD · Renton, WA
Zoning CD · permitted uses
CD · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.2M
RESTAURANT
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
RETAIL STORES
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.23 ac
Current owner
From public records · entity-resolved
Wholesale Fish & Pet Supply LLC
Entity
Mailing address
127 SW 153RD STB, BURIEN, WA 98166-2311
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$3,490,000
Wholesale Fish & Pet Supply LLC
Chaya Boon
Warranty Deed
$2,443,000 · Velocity Commercial Capital LLC
Jul 20, 2020
—
Chaya,boon & Chieko Trust
—
Deed
related
$350,000 · Homestreet Bk
Nov 4, 2016
—
Chaya,boon & Chieko Trust
—
Deed
related
—
Aug 11, 1992
—
Boon Chaya
Chayavichitslip
Quit Claim Deed
related
—
Apr 25, 1990
$825,000
Boon Etal Chaya
Alhadeff
Grant Deed
—
—
—
Chaya,boon & Chieko Trust
—
Loan Modification
related
$350,000 · Homestreet Bk
—
—
Chaya Boon & Chieko Trust
—
Deed Of Trust
related
$463,297 · Fortune Bank
—
—
Chaya,boon & Chieko Trust
—
Loan Modification
related
—
—
—
Chaya Trust
—
Deed Of Trust
related
$1,725,000 · Cnl Commercial Finance INC
—
—
Chaya Trust
—
Deed Of Trust
related
$1,350,000 · Pacific Northwest Bank
—
—
Chaya Trust
—
Deed Of Trust
related
$179,168 · Pacific Northwest 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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