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Property profile & analytics
OFF-MARKET
Showrooms
707 Lander St Seattle, WA 98134-2038
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US90-0206243
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1946
Construction
WOOD
Total area
840 SF
Lot
0.83 ac (36,000 SF)
Zoning code
IG2 U/85
APN
766620-3590
UPID
US90-0206243
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
-
Car's Cash For Junk Clunkers Discount Store Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John P Kambert · 25 yrs held
John P Kambert
since 2000
7 recorded transactions
Zoning & alternative use
IG2 U/85 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$65,094
Tax year 2022
Assessed value
$3,061,000
Assessed 2022
Previous assessed
$3,061,000
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$3,060,000
Assessed improvement
$1,000
Land market value
$3,060,000
Improvement market value
$1,000
Total market value
$3,061,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
4
Stories
1
Total area
840 SF
Lot
0.83 ac (36,000 SF)
Zoning code
IG2 U/85
APN
766620-3590
UPID
US90-0206243
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/85 · Seattle, WA
Zoning 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
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
4
Lot
0.83 ac
Current owner
From public records · entity-resolved
John P Kambert
Individual
Mailing address
700 S FRST ST, SEATTLE, WA 98134-2122
Ownership since
2000
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
Aug 22, 2022
—
John Patrick Lambert
—
Deed
related
$5,500,000 · 1st Security Bank Of Washington
Aug 9, 2022
—
John Patrick Lambert
—
Deed
related
$750,000 · 1st Security Bank Of Washington
Oct 26, 2018
—
John P Lambert
—
Deed
related
$6,000,000 · Seattle Bank
Oct 15, 2001
—
John P Lambert
—
Deed Of Trust
related
$2,414,000 · Key Bank NA
Dec 19, 2000
$740,000
John P Kambert
Lee,ming-yang & Kuo L
Grant Deed
$592,000 · Key Bank NA
Feb 10, 1999
$630,000
Ming-yang W Lee
Benz Partnership
Grant Deed
—
Aug 5, 1991
$1,136,000
Benz Partnership
Benz Spring Comp
Grant Deed
related
$1,101,900 · Seller
—
—
Lambert,john P
—
Loan Modification
related
$3,561,834 · Wells Fargo Bk
—
—
John P Lambnertlambert
—
Deed Of Trust
related
$3,375,000 · Wells Fargo Bank Northwest NA
—
—
John P Lambert
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank Northwest 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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