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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Investment properties
6256 3rd NW Ave Seattle, WA 98107-2161
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1277917
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
500 SF
Lot
0.09 ac (4,050 SF)
Zoning code
LR2 RC (M)
APN
928780-1500
UPID
US90-1277917
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
-
Saltbox Designs Industrial Manufacturer Production Facility
-
Not Without Salt Shop (Bike/Boat/Book/etc) Store Photography Service
-
Stumbletown Ballard Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$479k
Blend (final)
Blend
$560k
Owner & transaction history
Triphin 365 LLC · 3 yrs held
Triphin 365 LLC
since 2022
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
LR2 RC (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
$520,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $640k (Dec 6 2022)
Last sale anchor
$640k
Dec 6 2022
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
$1,120 / 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
$7,365
Tax year 2022
Assessed value
$811,000
Assessed 2022
Previous assessed
$811,000
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$810,000
Assessed improvement
$1,000
Land market value
$810,000
Improvement market value
$1,000
Total market value
$811,000
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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Bathrooms
3
Total area
500 SF
Lot
0.09 ac (4,050 SF)
Zoning code
LR2 RC (M)
APN
928780-1500
UPID
US90-1277917
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LR2 RC (M) · Seattle, WA
Zoning LR2 RC (M) · permitted uses
LR2 RC (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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
2
Units
1
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Triphin 365 LLC
Entity
Mailing address
6256 3RD AVE NW, SEATTLE, WA 98107-2161
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
$640,000
Triphin 365 LLC
Eugene P Morgan
Warranty Deed
$390,000 · Angela Morgan Etal
Mar 17, 2005
$281,300
Angela Morgan
King Dutch Holding Co INC
Warranty Deed
$196,900 · Phoenix Savings Bank
Dec 12, 2003
—
King Dutch Holding Co LLC
Pulfer,ross A
Grant Deed
related
—
Nov 12, 2003
—
Ross Pulfer
Pulfer,emily S
Quit Claim Deed
related
—
Apr 11, 2003
$250,000
Ross Pulfer
Winters,robert H & Candace
Grant Deed
—
Jan 15, 1998
$169,000
Robert H Winters
Belanger,frances M
Grant Deed
$135,200 · Bos Funding Corp
—
—
Robert H Winters
—
Deed Of Trust
related
$141,450 · Bank Of America
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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