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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Medical Office Space
7200 180th St Tukwila, WA 98188-5548
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0540221
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,000 SF
Lot
0.69 ac (30,003 SF)
Zoning code
C/LI
APN
362304-9013
UPID
US90-0540221
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.25M
Owner & transaction history
Tukwila Medical Building LLC · 4 yrs held
Tukwila Medical Building LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C/LI · Tukwila, 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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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
$1,295,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.20M (Nov 17 2021)
Last sale anchor
$1.20M
Nov 17 2021
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
$156 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$21,134
Tax year 2024
Assessed value
$1,528,600
Assessed 2023
Previous assessed
$1,528,600
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$510,000
Assessed improvement
$1,018,600
Land market value
$510,000
Improvement market value
$1,018,600
Total market value
$1,528,600
Applied tax rate
2,426.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
8,000 SF
Lot
0.69 ac (30,003 SF)
Zoning code
C/LI
APN
362304-9013
UPID
US90-0540221
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C/LI · Tukwila, WAZoning C/LI · permitted uses
C/LI · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Tukwila Medical Building LLC
Entity
Mailing address
7200 S 180TH ST STE #101, TUKWILA, WA 98188-5548
Ownership since
2021
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
Sep 22, 2022
—
Tukwila Medical Building LLC
—
Deed
related
$673,000 · Columbia State Bank
Sep 21, 2022
—
Tukwila Medical Building LLC
—
Deed
related
$673,000 · Columbia State Bank
Nov 18, 2021
—
Tukwila Medical Building LLC
Khk Investment LLC
Re-recorded Document
related
$2,207,000 · Columbia State Bank
Nov 17, 2021
—
Tukwila Medical Building LLC
Khk Investment LLC
Quit Claim Deed
related
—
Feb 7, 2011
$1,200,000
Khk Investment LLC
Nick Riley LLC
Warranty Deed
$637,095 · Columbia State Bank
Apr 29, 2010
$900,000
Herbrand Company
Institute Of Community Leadership
Warranty Deed
—
Jan 11, 1999
$800,000
Nick Riley LLC
Shellan,gerard M
Grant Deed
$720,000 · Seller
—
—
Khk Investment LLC
—
Deed Of Trust
related
$527,000 · Ameritrust Cdc
—
—
Nick Riley LLC
—
Deed Of Trust
related
$48,000 · Savren Service Corp
—
—
Nick Riley LLC
—
Deed Of Trust
related
$720,000 · First Savings Bank Renton
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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