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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Day care centers
7344 35th SW Ave, Seattle, WA 98126-3226
Individually Owned
~
Est. High Equity
Property ID
US90-1857648
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1939
Construction
WOOD
Total area
2,260 SF
Lot
0.11 ac (4,800 SF)
Zoning code
NC2P-55 (M)
APN
812210-0020
UPID
US90-1857648
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
-
Northwest Montessori School High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$558k
Blend (final)
Blend
$565k
Owner & transaction history
Dylan Hayes
Dylan Hayes
since 2025
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$930,000
+10.4%
Retail stores
$905,000
+7.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$845,000
Current use
AUTO REPAIR, GARAGE
$930,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $565k (Jul 6 2025)
Last sale anchor
$565k
Jul 6 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
$250 / 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
$586
Tax year 2022
Assessed value
$520,200
Assessed 2022
Previous assessed
$520,200
+0.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$456,000
Assessed improvement
$64,200
Land market value
$456,000
Improvement market value
$64,200
Total market value
$520,200
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Bathrooms
1
Total area
2,260 SF
Lot
0.11 ac (4,800 SF)
Zoning code
NC2P-55 (M)
APN
812210-0020
UPID
US90-1857648
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-55 (M) · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$930,000
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING
Est. value
$800,000
MEDICAL BUILDING
Est. value
$775,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1939
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Dylan Hayes
Individual
Mailing address
18510 28TH AVE NE, LAKE FOREST PARK, WA 98155-4135
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$565,000
Dylan Hayes
Timothy J Ocoyne
Warranty Deed
$491,550 · Mechanics Bank
Jun 12, 2007
$505,000
Timothy J Ocoyne
Joseph M Vasquez
Warranty Deed
$378,750 · Abn Amro Mortgage Group INC
Jun 19, 2006
—
Joseph M Vasquez
—
Trustees Deed
related
$60,000 · Jeff Boutel
Sep 9, 2005
—
Joseph M Vasquez
—
Trustees Deed
related
$50,000 · Jeff Boutel
Jun 27, 2005
—
Joseph M Vasquez
—
Trustees Deed
related
$50,000 · Jeff Boutel
Oct 14, 2003
$195,000
Joseph M Vasquez
Rizk,aziz
Grant Deed
$190,000 · Jeff Boutel
Jun 2, 1997
—
Hazan,herzel
Hauck Trust
Trustees Deed
$74,500 · Seller
Jun 2, 1997
$87,500
Hazan,herzel
Hauck,charles O
Trustees Deed
—
—
—
Joseph M Vasquez
—
Deed Of Trust
related
$200,000 · Countrywide Home Loans 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.
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