Entity Owned Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1988
Construction
FRAME
Total area
4,478 SF
Lot
0.55 ac (24,000 SF)
Zoning code
NC3-75 (M1)
APN
713230-0215
UPID
US90-1506429
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atm
-
Gas Station
-
Roofing Company General Contractor
-
Grocery & Convenience Store
-
Car Wash
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$870k
Owner & transaction history
since 2009
2 recorded transactions
Zoning & alternative use
NC3-75 (M1) · Seattle, WA
Zoning description
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
General category
COMMERCIAL
Top alternative use upside
Auto repair, garage
$705,000
+155.3%
Retail stores
$560,000
+103.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$870k
Value range
$783k – $957k
±10% around blend
Estimated value / SF
$194 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
$783k
blend $870k
$957k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,478 SF
Lot area
0.55 ac
Year built
1988
Stories
1
APN
713230-0215
Zoning
NC3-75 (M1)
Assessed value
$5,517,300
Annual tax
$55,142
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.16M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.26M
@ 6.5% CAP return
$1.16M
@ 7% CAP return
$1.08M
4
Sales comparison
Partial preview
Sales approach indication
$2.30M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.1 mi away · 4,448 SF
18.9 mi away · 3,560 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$870k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+155%
vs current-use indication
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.52M
Move the market yield to see immediate price impact.
Value / SF
$1,232
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$348k
$6.95M
$4.97M
$3.86M
$386k
$7.72M
$5.52M
$4.29M
$425k
$8.50M
$6.07M
$4.72M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.95M
2.1 mi · Jan 2026 · $433/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$55,142
Tax year 2024
Assessed value
$5,517,300
Assessed 2023
Previous assessed
$5,517,300
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$4,800,000
Assessed improvement
$717,300
Land market value
$4,800,000
Improvement market value
$717,300
Total market value
$5,517,300
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
GAS
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
4,478 SF
Lot
0.55 ac (24,000 SF)
Zoning code
NC3-75 (M1)
APN
713230-0215
UPID
US90-1506429
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-75 (M1) · Seattle, WAZoning NC3-75 (M1) · permitted uses
NC3-75 (M1) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
GAS
Cooling
Yes
Stories
1
Buildings
2
Lot
0.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
NC3-75(M1)
COMMERCIAL
Jurisdiction
Seattle, WA
Recorded code
NC3-75 (M1)
Official district
NC3-75(M1)
Official district profile
What the municipal code says about NC3-75(M1)
Zoning description
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC3-75(M1) in Seattle, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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