New search
Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Hotels
8801 Aurora N Ave, Seattle, WA 98103-3977
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1281900
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1953
Construction
WOOD
Total area
7,935 SF
Lot
0.32 ac (13,770 SF)
Zoning code
NC3P-65 (M1)
APN
926670-0955
UPID
US90-1281900
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
-
Georgian Motel Hotel & Motel
-
Georgian Properties Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Georgian Properties LLC · 8 yrs held
Georgian Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
NC3P-65 (M1) · 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%
$995,000
6.5%
$920,000
7%
$855,000
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$100 / 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
$16,492
Tax year 2022
Assessed value
$1,709,800
Assessed 2022
Previous assessed
$1,709,800
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,583,500
Assessed improvement
$126,300
Land market value
$1,583,500
Improvement market value
$126,300
Total market value
$1,709,800
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Total area
7,935 SF
Lot
0.32 ac (13,770 SF)
Zoning code
NC3P-65 (M1)
APN
926670-0955
UPID
US90-1281900
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3P-65 (M1) · Seattle, WA
Zoning NC3P-65 (M1) · permitted uses
NC3P-65 (M1) · 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
1953
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Georgian Properties LLC
Entity
Mailing address
3127 232ND ST SW, BRIER, WA 98036-8234
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
—
Georgian Properties LLC
—
Deed
related
$2,750,000 · Ukrainian FCU
Nov 7, 2018
—
Georgian Properties LLC
—
Deed
related
$2,000,000 · Ukrainian Cu
Oct 31, 2018
—
Georgian Properties LLC
—
Deed
related
$20,000 · Ukrainian FCU
Feb 13, 2018
$1,450,000
Georgian Properties LLC
Dbsn INC
Warranty Deed
$1,275,000 · Ukrainian FCU
Jul 17, 2003
$600,000
Dbsn INC
Han,dami
Grant Deed
$404,065 · Pacific International Bank
Jul 31, 1998
$720,000
Dami Han
Rhee,chang K & Chong S
Grant Deed
related
$378,000 · Commerce Loan Co
Apr 28, 1992
$700,000
Chang K Rhee
Kim,du H&chun C
Grant Deed
$539,000 · Seller
Apr 15, 1988
$550,000
Du H Kim
Williams
Grant Deed
$368,500 · Seller
—
—
Georgian Properties LLC
—
Loan Modification
related
$2,000,000 · Ukrainian Cu
—
—
Dbsn INC
—
Deed Of Trust
related
$400,000 · Centerbank
—
—
Dami Han
—
Deed Of Trust
related
$230,000 · Nw Business Development Assn
—
—
Dbsn INC
—
Deed Of Trust
related
$385,000 · Bbu Bank
—
—
Georgian Properties LLC
—
Loan Modification
related
$2,750,000 · Ukrainian FCU
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8801 Aurora N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
