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Property profile & analytics
FOR LEASE
Office Spaces
79 Horton St Seattle, WA 98134
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3342782
No photos on file
For Lease
$5,674/Mo
79 Horton St, Seattle, WA 98134
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1917
Construction
WOOD
Total area
19,252 SF
Lot
0.42 ac (18,300 SF)
Zoning code
IG1 U/85
APN
132730-0020
UPID
US90-3342782
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
-
American Intermodal Services, LLC Freight Service Logistics Company
-
Four Seasons Trucking LLC Transportation Infrastructure
-
Exposed Skin Care Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.02M
Owner & transaction history
Fireworks Real Estate LLC · 1 yrs held
Fireworks Real Estate LLC
since 2025
5 recorded transactions
Zoning & alternative use
IG1 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,235,000
6.5%
$3,910,000
7%
$3,630,000
Blend value · Realmo final
$3.02M
Range $2.72M – $3.32M · ±10%
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
$157 / 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
$31,503
Tax year 2022
Assessed value
$3,453,600
Assessed 2022
Previous assessed
$3,453,600
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,281,000
Assessed improvement
$2,172,600
Land market value
$1,281,000
Improvement market value
$2,172,600
Total market value
$3,453,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1917
Construction
WOOD
Heating
HEAT PUMP
Cooling
OTHER
Stories
2
Total area
19,252 SF
Lot
0.42 ac (18,300 SF)
Zoning code
IG1 U/85
APN
132730-0020
UPID
US90-3342782
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG1 U/85 · Seattle, WA
Zoning IG1 U/85 · permitted uses
IG1 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
1917
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Fireworks Real Estate LLC
Entity
Mailing address
17600 TALBOT RD, EDMONDS, WA 98026-5324
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$4,105,400
Fireworks Real Estate LLC
Sailors Rest LLC
Warranty Deed
$2,200,000 · Bank Of America NA
Oct 3, 2005
$2,950,000
Sailors Rest LLC
Rykyty Pirates Cove LLC
Warranty Deed
$1,476,073 · Boeing Employees Cu
May 3, 2004
$1,350,000
Rykyty Pirate Cove LLC
Markey Machinery Co INC
Grant Deed
$425,000 · Homestreet Bank
Nov 24, 1999
—
Markey Machinery Co INC
—
Deed Of Trust
related
$1,066,422 · Individual
—
—
Rykyty Pirates Cove LLC
—
Deed Of Trust
related
$530,000 · Homestreet Bank
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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