Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,005,000
Warehouses
6525 240th St Seb Woodinville, WA 98072-9761
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1626741
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
TYPE NOT SPECIFIED
Total area
85,086 SF
Lot
4.42 ac (192,535 SF)
Zoning code
LI
APN
27053400404800
UPID
US90-1626741
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
-
ABODA Property Management Company
-
3Sixty Housing Student Housing Center
-
ABODA by RESIDE Corporate Office
-
RESIDE Worldwide Consultant
-
Aboda Cleaning Services Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.01M
Owner & transaction history
Westview 522 LLC · 10 yrs held
Westview 522 LLC
since 2016
4 recorded transactions
Zoning & alternative use
LI · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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%
$17,930,000
6.5%
$16,550,000
7%
$15,370,000
Blend value · Realmo final
$12.01M
Range $10.80M – $13.21M · ±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
$141 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$149,575
Tax year 2023
Assessed value
$18,607,000
Assessed 2023
Previous assessed
$17,325,000
+7.4% YoY
Effective rate
0.80%
On assessed value
Assessed land
$5,239,300
Assessed improvement
$13,367,700
Land market value
$5,239,300
Improvement market value
$13,367,700
Total market value
$18,607,000
Applied tax rate
4,134.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
85,086 SF
Lot
4.42 ac (192,535 SF)
Zoning code
LI
APN
27053400404800
UPID
US90-1626741
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Woodinville, WA
Zoning LI · permitted uses
LI · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
4.42 ac
Current owner
From public records · entity-resolved
Westview 522 LLC
Entity
Mailing address
11980 NE 24TH ST STE #200, BELLEVUE, WA 98005-1516
Ownership since
2016
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
Apr 6, 2016
$32,200,000
Westview 522 LLC
Wellington Hills Opco LLC
Grant Deed
$20,000,000 · Miscellaneous Ins Co
Apr 11, 2014
—
Wellington Hills Opco LLC
Oibp Wellington Hills LLC
Special Warranty Deed
$12,600,000 · Fifth Third Bank
Nov 26, 2013
$10,850,000
Oibp Wellington Hills LLC
Wellington Hills Park LLC
Quit Claim Deed
related
—
Dec 1, 2010
—
Wellington Hills Park LLC
—
Deed Of Trust
related
$1,300,000 · Olympic Coast Investment 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 6525 240th St Seb?
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.
