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Property profile & analytics
OFF-MARKET
Auto shops
720 1st NE Ave Issaquah, WA 98027-2516
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1148625
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,337 SF
Lot
0.44 ac (19,200 SF)
Zoning code
IC
APN
884350-0075
UPID
US90-1148625
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jockos Properties LLC · 1 yrs held
Jockos Properties LLC
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
IC · Issaquah, 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 Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah 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
$5,848
Tax year 2022
Assessed value
$769,000
Assessed 2022
Previous assessed
$769,000
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$768,000
Assessed improvement
$1,000
Land market value
$768,000
Improvement market value
$1,000
Total market value
$769,000
Applied tax rate
1,405.0000
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
4,337 SF
Lot
0.44 ac (19,200 SF)
Zoning code
IC
APN
884350-0075
UPID
US90-1148625
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IC · Issaquah, WA
Zoning IC · permitted uses
IC · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Jockos Properties LLC
Entity
Mailing address
820 FAWN RD NE, CLE ELUM, WA 98922-8991
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$3,000,000
Jockos Properties LLC
Homewood INC
Warranty Deed
$2,350,000 · Homewood INC
Jun 11, 2019
—
Homewood INC
Facility Engineering Services INC
Quit Claim Deed
related
$510,000 · Wheatland Bank
Oct 2, 1995
$221,500
Facility Engineering Svcs INC
South Cove Ventures
Grant Deed
$134,443 · Key Bank Of Washington
Aug 1, 1990
$165,000
South Cove Ventures
Roberts Properti
Grant Deed
—
—
—
Facility Engineering Svcs INC
—
Deed Of Trust
related
$409,192 · Key Bank Of Washington
—
—
Facility Engineering Svcs INC
—
Deed Of Trust
related
$160,000 · Issaquah Bank
—
—
Facility Engineering Svcs INC
—
Deed Of Trust
related
$450,000 · Bank Of Washington
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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