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Property profile & analytics
OFF-MARKET
Estimated value
$18,400,000
Commercial land
901 Hinds St, Seattle, WA 98134-2127
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2082697
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.64 ac (28,075 SF)
Zoning code
IG2 U/85
APN
567950-0480
UPID
US90-2082697
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.40M
Owner & transaction history
Prologis Exchange Wa 2004 LLC · 4 yrs held
Prologis Exchange Wa 2004 LLC
since 2021
Last sale
$18.4M
7 recorded transactions
Zoning & alternative use
IG2 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
$18,355,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.40M
Range $16.56M – $20.24M · ±10% · vs last sale $18.43M (Oct 15 2021)
Last sale anchor
$18.43M
Oct 15 2021
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
—
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
$19,328
Tax year 2022
Assessed value
$1,965,200
Assessed 2022
Previous assessed
$1,965,200
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,965,200
Land market value
$1,965,200
Total market value
$1,965,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.64 ac (28,075 SF)
Zoning code
IG2 U/85
APN
567950-0480
UPID
US90-2082697
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/85 · Seattle, WA
Zoning IG2 U/85 · permitted uses
IG2 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
Heating
NONE
Lot
0.64 ac
Current owner
From public records · entity-resolved
Prologis Exchange Wa 2004 LLC
Entity
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$18,425,000
Prologis Exchange Wa 2004 LLC
Nmac Real Estate Management Company
Bargain And Sale Deed
—
May 29, 2020
—
Nmac R & E Mgmt Co LLC
Sbh LLC
Deed In Lieu Of Foreclosure
related
—
Jul 10, 2019
—
Sbh LLC
—
Loan Modification
related
$15,617,000 · Other Institutional Lenders
Jul 19, 2018
—
Sbh LLC
—
Deed
related
$600,000 · Private Individual
Apr 4, 2018
—
Sbh LLC
—
Grant Deed
related
$15,002,000 · Cascade Land Hm Financing
Jun 2, 2016
$1,100,000
Sbh LLC
L Group LLC
Warranty Deed
$1,100,000 · Nissan Motor Acceptance Corporation
Jun 7, 2006
$800,000
L Group LLC
Barnett,kendrick J
Warranty Deed
$720,000 · Kendrick J Barnett
—
—
Sbh LLC
—
Deed Of Trust
related
$600,000 · Private Individual
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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