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Property profile & analytics
FOR SALE
Retail space
9001 Delridge Way SW Seattle, WA 98106
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0358019
For Sale
1 / 3
$2,200,000
9001 Delridge Way SW, Seattle, WA 98106
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
FRAME
Total area
2,460 SF
Lot
0.19 ac (8,396 SF)
Zoning code
NC3-55 (M)
APN
436570-0320
UPID
US90-0358019
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
-
CIGARETTE DEPOT (Bike/Boat/Book/etc) Store
-
Gas & Smoke Depot Gas Station
-
USAgain Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Synergy Petroleum Enterprises INC · 3 yrs held
Synergy Petroleum Enterprises INC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
NC3-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+26.2%
Auto repair, garage
$1.0M
+2.6%
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
$1,195,000
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$985,000
Current use
COMMERCIAL (GENERAL)
$1,245,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,010,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$870,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$845,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.10M (Mar 7 2023)
Last sale anchor
$1.10M
Mar 7 2023
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
$463 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,504
Tax year 2024
Assessed value
$1,128,000
Assessed 2023
Previous assessed
$1,128,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$671,600
Assessed improvement
$456,400
Land market value
$671,600
Improvement market value
$456,400
Total market value
$1,128,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1993
Construction
FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
2,460 SF
Lot
0.19 ac (8,396 SF)
Zoning code
NC3-55 (M)
APN
436570-0320
UPID
US90-0358019
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3-55 (M) · Seattle, WA
Zoning NC3-55 (M) · permitted uses
NC3-55 (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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$870,000
MEDICAL BUILDING
Est. value
$845,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Synergy Petroleum Enterprises INC
Entity
Mailing address
9001 DELRIDGE WAY SW, SEATTLE, WA 98106-2335
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
$1,100,000
Synergy Petroleum Enterprises INC
Byung Chan Lee
Warranty Deed
$675,000 · Byung Chan Lee Etux
Oct 20, 2004
$532,000
Byung C Lee
Golden Lion Motor Inn INC
Warranty Deed
$571,983 · City Bank
Nov 19, 2001
$521,310
Golden Lion Motor Inn INC
City Bank
Grant Deed
$522,019 · City Bank
Nov 14, 2000
$391,079
City Bank
Park,choon S & Jean C
Trustees Deed
related
—
—
—
Choon S Park
—
Deed Of Trust
related
$390,000 · City Bank
—
—
Choon S Park
—
Deed Of Trust
related
$310,000 · City Bank
—
—
Byung C Lee
—
Deed Of Trust
related
$534,307 · North County Bank
—
—
Golden Lion Motor Inn INC
—
Deed Of Trust
related
$189,469 · City Bank
—
—
Golden Lion Motor Inn INC
—
Deed Of Trust
related
$250,000 · City Bank
—
—
Northstar Development Corp
—
Deed Of Trust
related
$100,000 · Kyu W Lee
—
—
Delridge Shell INC
—
Deed Of Trust
related
$134,000 · Northwind Petroleum Group LLC
—
—
Choon S Park
—
Deed Of Trust
related
$365,020 · City 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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