New search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Office buildings
6327 22nd NE Ave Seattle, WA 98115-6919
Entity Owned
8-yr Hold
Property ID
US90-1757476
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Construction
WOOD
Total area
2,550 SF
Lot
0.11 ac (4,750 SF)
Zoning code
NC2P-40
APN
882490-0115
UPID
US90-1757476
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
-
Mary Barrett Alternative Medicine Practice Spa & Massage Center
-
Dr. Katherine Short Alternative Medicine Practice
-
Dr. Alexandra Owen Alternative Medicine Practice
-
One Sky Family Medicine Physician
-
Dr. Tracy Mcdaniel Practitioner Service Location Midwife
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Ravenna Center For Healing LLC · 8 yrs held
Ravenna Center For Healing LLC
since 2018
7 recorded transactions
Zoning & alternative use
NC2P-40 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
MEDICAL BUILDING
$875,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$755,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$237 / 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
$10,418
Tax year 2022
Assessed value
$1,188,500
Assessed 2022
Previous assessed
$1,188,500
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$1,187,500
Assessed improvement
$1,000
Land market value
$1,187,500
Improvement market value
$1,000
Total market value
$1,188,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1919
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
2,550 SF
Lot
0.11 ac (4,750 SF)
Zoning code
NC2P-40
APN
882490-0115
UPID
US90-1757476
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-40 · Seattle, WA
Zoning NC2P-40 · permitted uses
NC2P-40 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$900,000
MEDICAL BUILDING
Est. value
$875,000
WAREHOUSE, STORAGE
Est. value
$755,000
OFFICE BUILDING Current
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
1919
Construction
WOOD
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Ravenna Center For Healing LLC
Entity
Mailing address
6327 22ND AVE NE, SEATTLE, WA 98115-6919
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2018
$1,250,000
Ravenna Center For Healing LLC
Ravenna Suites LLC
Warranty Deed
$1,160,000 · Bank Of West
Jul 28, 2017
—
Ravenna Suites LLC
—
Deed
related
$15,348 · Us Bank NA
Jun 6, 2017
—
Ravenna Suites LLC
—
Deed
related
$499,999 · Us Bank NA
Jun 26, 2007
—
Donna J Arnold
Mcculloch,james M
Quit Claim Deed
related
$500,000 · Us Bank NA
Jun 6, 2001
—
James M Mccullough
Arnold,donna J
Quit Claim Deed
related
$275,000 · North American Mortgage
May 18, 1992
$235,000
Donna J Arnold
Vanderwel
Grant Deed
$232,600 · Seller
Jun 15, 1990
$215,000
Arthur Vanderwel
Murphy
Grant Deed
$161,200 · First Mutual Savings Bank
—
—
Donna J Arnold
—
Deed Of Trust
related
$212,000 · Headlands Mortgage
—
—
Donna J Arnold
—
Deed Of Trust
related
$39,032 · Seller
—
—
Donna J Arnold
—
Deed Of Trust
related
$266,000 · Federal Mortgage Co INC
—
—
James M Mcculloch
—
Deed Of Trust
related
$322,500 · Federal Mortgage Co INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6327 22nd NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
