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Property profile & analytics
OFF-MARKET
Investment properties
7358 15th NW Ave Seattle, WA 98117-5451
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1658652
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1921
Construction
WOOD
Total area
2,240 SF
Lot
0.05 ac (2,337 SF)
Zoning code
NC2P-55 (M)
APN
046100-2825
UPID
US90-1658652
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
-
Smiling Art Massage | Asian Massage Seattle WA Alternative Medicine Practice Spa & Massage Center
-
Massage city Seattle｜asian spa | Smiling Art Massage Alternative Medicine Practice Spa & Massage Center
-
QingQing spa Alternative Medicine Practice Spa & Massage Center
-
Massage Therapy Alternative Medicine Practice Spa & Massage Center
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
Maria Mung Tran · 2 yrs held
Maria Mung Tran
since 2023
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
NC2P-55 (M) · 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
$6,522
Tax year 2022
Assessed value
$746,800
Assessed 2022
Previous assessed
$746,800
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$525,800
Assessed improvement
$221,000
Land market value
$525,800
Improvement market value
$221,000
Total market value
$746,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
2,240 SF
Lot
0.05 ac (2,337 SF)
Zoning code
NC2P-55 (M)
APN
046100-2825
UPID
US90-1658652
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.
Building & site characteristics
From public records
Year built
1921
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Maria Mung Tran
Individual
Mailing address
509 NE 170TH LN, SHORELINE, WA 98155-5000
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Maria Mung Tran
Maria M Tran
Transfer On Death Deed
related
—
Sep 25, 2023
—
Maria M Tran
David V Tran
Intrafamily Transfer
related
—
May 1, 2000
$325,000
Maria M Tran
M Rose Construction & Dev INC
Grant Deed
$243,750 · Executive House INC
Mar 15, 2000
—
M Rose Construction
—
Grant Deed
related
$235,000 · Frontier Bank
Jun 1, 1998
$325,000
M Rose Construction
Segall Trust
Grant Deed
$532,500 · Frontier Bank
Nov 26, 1996
$243,000
Segall Trust
Hoskins,c M & Joanne D
Grant Deed
$193,000 · Individual
—
—
Maria M Tran
—
Deed Of Trust
related
$515,000 · Sterling Savings Bank
—
—
Robert W Strohm
—
Deed Of Trust
related
$130,000 · Scott & Cheri Kneeland
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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