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Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Auto shops
6420 Lk Washington SE Blvd, Newcastle, WA 98056-1014
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1635615
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1967
Construction
STEEL FRAME
Total area
1,320 SF
Lot
1.03 ac (45,075 SF)
Zoning code
NB
APN
334330-0640
UPID
US90-1635615
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
$3.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.30M
Owner & transaction history
Bbc Oil LLC · 1 yrs held
Bbc Oil LLC
since 2024
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
NB · Newcastle, 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 Newcastle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newcastle 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
$3,300,000
ML approach
$3,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $3.30M (Jul 15 2024)
Last sale anchor
$3.30M
Jul 15 2024
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
$2,500 / 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
$14,340
Tax year 2022
Assessed value
$1,230,600
Assessed 2022
Previous assessed
$1,230,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$991,600
Assessed improvement
$239,000
Land market value
$991,600
Improvement market value
$239,000
Total market value
$1,230,600
Applied tax rate
1,865.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
1,320 SF
Lot
1.03 ac (45,075 SF)
Zoning code
NB
APN
334330-0640
UPID
US90-1635615
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Newcastle, WA
Zoning NB · permitted uses
NB · Newcastle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newcastle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Bbc Oil LLC
Entity
Mailing address
33080 NE LK JOY RD, CARNATION, WA 98014-6900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 27, 2025
—
Bbc Oil LLC
—
Deed
related
$2,889,300 · Gesa Cu
Dec 9, 2024
—
Bbc Oil LLC
—
Deed
related
$915,000 · Pacwest Energy LLC
Aug 29, 2024
—
Bbc Oil LLC
—
Deed
related
$2,092,715 · Eastside Funding LLC
Jul 15, 2024
$3,300,000
Bbc Oil LLC
Michael C Johnson
Warranty Deed
$2,000,000 · Michael Johnson
Jun 6, 2006
$1,295
City Of Newcastle
Johnson,michael C
Warranty Deed
related
—
Nov 20, 2001
—
Michael C Johnson
Johnson,sheila M
Quit Claim Deed
related
—
Dec 6, 1995
$150,000
Michael C Johnson
Jackson,george & Patricia S
Grant Deed
$58,170 · Key Bank Of Washington
—
—
Michael C Johnson
—
Deed Of Trust
related
$120,578 · Key Bank NA
—
—
Michael C Johnson
—
Deed Of Trust
related
$354,185 · Key Bank NA
—
—
Michael C Johnson
—
Deed Of Trust
related
$330,000 · Key Bank NA
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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