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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Distribution centers
6515 Marginal SW Way Seattle, WA 98106-1929
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-0605576
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1986
Construction
CONCRETE
Total area
17,442 SF
Lot
2.12 ac (92,347 SF)
Zoning code
IG2 U/85
APN
543930-0004
UPID
US90-0605576
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
-
Pacific Rim Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Krueger Sheet Metal Co Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.11M
Owner & transaction history
Brandt Marginal Way LLC · 20 yrs held
Brandt Marginal Way LLC
since 2006
4 recorded transactions
Zoning & alternative use
IG2 U/85 · Seattle, WA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$121 / 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
$31,137
Tax year 2022
Assessed value
$2,473,700
Assessed 2022
Previous assessed
$2,473,700
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$923,400
Assessed improvement
$1,550,300
Land market value
$923,400
Improvement market value
$1,550,300
Total market value
$2,473,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
SPACE
Stories
2
Total area
17,442 SF
Lot
2.12 ac (92,347 SF)
Zoning code
IG2 U/85
APN
543930-0004
UPID
US90-0605576
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/85 · Seattle, WAZoning IG2 U/85 · permitted uses
IG2 U/85 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
SPACE
Stories
2
Lot
2.12 ac
Current owner
From public records · entity-resolved
Brandt Marginal Way LLC
Entity
Mailing address
PO BOX 2963, SPOKANE, WA 99220-2963
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2006
$1,495,000
Brandt Marginal Way LLC
Bolser Family
Grant Deed
$1,121,250 · Washington Trust Bank
Nov 16, 2005
—
Bolser Family
Bolser Ents
Quit Claim Deed
—
—
—
Brandt Marginal Way LLC
—
Deed Of Trust
related
$929,412 · Ironstone Bank
—
—
Bolster Enterprises
—
Deed Of Trust
related
$400,000 · Washington First Int'l 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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