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Property profile & analytics
OFF-MARKET
Estimated value
$9,710,000
Warehouses
6910 Roosevelt NE Way, Seattle, WA 98115-6635
Entity Owned
~
Est. High Equity
Property ID
US90-1429504
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1996
Construction
WOOD
Total area
38,959 SF
Lot
0.28 ac (12,240 SF)
Zoning code
NC2-75 (M1)
APN
365870-0555
UPID
US90-1429504
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
-
Roosevelt Self Storage Storage Facility
-
Northwest Labor Industries - Junk Removal Waste Management Facility Hazardous Waste Disposal
-
Tasmin Little Music Venue Theater & Performing Art Venue
-
Commlinq Technologies Telecommunications Service
-
AOR Management Inc. Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.63M
Comparable Approach
Comparable
$11.26M
Blend (final)
Blend
$9.71M
Owner & transaction history
Nwb Roosevelt LLC
Nwb Roosevelt LLC
since 2025
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
NC2-75 (M1) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.0M
+39.3%
Retail stores
$15.8M
+37.1%
Apartment house (5+ units)
$13.8M
+20.1%
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%
$7,180,000
6.5%
$6,625,000
7%
$6,150,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,510,000
Current use
AUTO REPAIR, GARAGE
$16,030,000
Change: +39% · Conversion: Easy
RETAIL STORES
$15,775,000
Change: +37% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$13,815,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$13,765,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$13,395,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$9.71M
Range $8.74M – $10.68M · ±10% · vs last sale $10.48M (Jun 8 2025)
Last sale anchor
$10.48M
Jun 8 2025
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
$249 / 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
$66,862
Tax year 2022
Assessed value
$7,949,300
Assessed 2022
Previous assessed
$7,949,300
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$5,140,800
Assessed improvement
$2,808,500
Land market value
$5,140,800
Improvement market value
$2,808,500
Total market value
$7,949,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
SPACE
Stories
4
Total area
38,959 SF
Lot
0.28 ac (12,240 SF)
Zoning code
NC2-75 (M1)
APN
365870-0555
UPID
US90-1429504
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2-75 (M1) · Seattle, WA
Zoning NC2-75 (M1) · permitted uses
NC2-75 (M1) · 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
WAREHOUSE, STORAGE Current
Est. value
$11.5M
AUTO REPAIR, GARAGE
Est. value
$16.0M
RETAIL STORES
Est. value
$15.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.8M
OFFICE BUILDING
Est. value
$13.8M
MEDICAL BUILDING
Est. value
$13.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
1996
Construction
WOOD
Heating
SPACE
Stories
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Nwb Roosevelt LLC
Entity
Mailing address
2100 196TH ST SW STE #120, LYNNWOOD, WA 98036-7081
Ownership since
2025
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
Sep 8, 2025
$10,475,000
Nwb Roosevelt LLC
Roosevelt Mini Storage Associates L
Bargain & Sale Deed
—
Jun 29, 2015
—
Hearl K Clay JR
Clay Sharon W
Quit Claim Deed
related
—
May 7, 2015
—
Roosevelt Mini-storage Assocs
Clay Hearl K JR
Quit Claim Deed
related
—
May 6, 2015
$1,376,233
Hearl K Clay JR.
Clay Diana L
Quit Claim Deed
related
—
Jan 29, 2015
—
Roosevelt Mini-storage Assocs
Clay,hearl K JR
Quit Claim Deed
related
—
Oct 6, 2009
—
Diana L Clay
Roosevelt Mini-storage Assocs
Quit Claim Deed
related
—
Apr 12, 1996
—
Roosevelt Mini-storage Assoc
Tessem,eric G & Jan
Grant Deed
related
—
Oct 12, 1995
$407,500
Tessem,eric G
Olsen,donald & Joan
Trustees Deed
$357,500 · Seller
Oct 12, 1995
—
Leonard R Olsen
Perkins,b L
Quit Claim Deed
related
—
—
—
Roosevelt Mini-storage Assocs
—
Deed Of Trust
related
$3,275,000 · Lasalle National Bank
—
—
Roosevelt Mini-storage Assocs
—
Deed Of Trust
related
$4,275,000 · Miscellaneous Ins Co
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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