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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
801 150th St Burien, WA 98166-1855
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0158509
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,124 SF
Lot
0.36 ac (15,599 SF)
Zoning code
DC
APN
189940-0290
UPID
US90-0158509
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
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$795k
Blend (final)
Blend
$740k
Owner & transaction history
City Of Burien · 3 yrs held
City Of Burien
since 2022
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
DC · Burien, 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 Burien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burien 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
$725,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $750k (Nov 3 2022)
Last sale anchor
$750k
Nov 3 2022
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
$61 / 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
$21,568
Tax year 2022
Assessed value
$1,925,100
Assessed 2022
Previous assessed
$1,925,100
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$418,800
Assessed improvement
$1,506,300
Land market value
$418,800
Improvement market value
$1,506,300
Total market value
$1,925,100
Applied tax rate
937.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Total area
12,124 SF
Lot
0.36 ac (15,599 SF)
Zoning code
DC
APN
189940-0290
UPID
US90-0158509
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Burien, WA
Zoning DC · permitted uses
DC · Burien, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burien. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
City Of Burien
Entity
Mailing address
400 SW 152ND ST STE #300, BURIEN, WA 98166-1917
Ownership since
2022
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
Nov 3, 2022
—
City Of Burien
Desc Burien Lllp
Quit Claim Deed
related
—
Feb 15, 2022
—
Desc Burien Lllp
Buren Medical Office LLC
Re-recorded Document
related
$1,650,000 · Enterprise Community Loan Fund INC
Feb 14, 2022
$1,900,000
Desc Burien Lllp
Burien Medical Office LLC
Warranty Deed
related
$1,650,000 · Enterprise Community Loan Fund INC
Jan 26, 2022
—
Burien Medical Office LLC
Kweon Kim Su
Re-recorded Document
related
—
May 5, 2010
$750,000
Burien Medical Office LLC
Kim,su K
Warranty Deed
$675,000 · Watermark Cu
May 13, 2002
$770,000
Su K Kim
Chan,chui S
Grant Deed
$500,000 · Wilshire State Bank
Aug 20, 1991
—
Chui Sim Tam Chan
Chan,kim For
Quit Claim Deed
related
—
Feb 28, 1990
$610,000
Chan Kim For
Farwest
Grant Deed
—
—
—
Su K Kim
—
Deed Of Trust
related
$486,000 · Banner Bank
—
—
Su K Kim
—
Deed Of Trust
related
$187,939 · First Heritage 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.
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