Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Investment properties
9041 Greenwood N Ave Seattle, WA 98103-3617
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0822109
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,250 SF
Lot
0.26 ac (11,129 SF)
Zoning code
NC2-55 (M)
APN
362603-9058
UPID
US90-0822109
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$590k
Owner & transaction history
Greenwood Avenue Investors LLC · 10 yrs held
Greenwood Avenue Investors LLC
since 2016
7 recorded transactions
Zoning & alternative use
NC2-55 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including convenience and specialty goods, to the surrounding neighborhoods, and that accommodates other uses that are compatible with the retail cha…
Zone name
Neighborhood Commercial Mandatory Housing Affordability
General category
COMMERCIAL
Zone area
341.92 ac
Source
Realmo
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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$182 / 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
$17,135
Tax year 2022
Assessed value
$1,891,900
Assessed 2022
Previous assessed
$1,891,900
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,891,900
Land market value
$1,891,900
Total market value
$1,891,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
3,250 SF
Lot
0.26 ac (11,129 SF)
Zoning code
NC2-55 (M)
APN
362603-9058
UPID
US90-0822109
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2-55 (M) · Seattle, WAZoning NC2-55 (M) · permitted uses
NC2-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including convenience and specialty goods, to the surrounding neighborhoods, and that accommodates other uses that are compatible with the retail character of the area such as housing or offices. M is the mandatory housing affordability suffix applied to this zone.
Zone name
Neighborhood Commercial Mandatory Housing Affordability
General category
COMMERCIAL
Zone area
341.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Greenwood Avenue Investors LLC
Entity
Mailing address
6622 WOLLOCHET DR, GIG HARBOR, WA 98335-8325
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Dec 11, 2019
—
Greenwood Avenue Investors LLC
—
Deed
related
$21,185,000 · Wells Fargo Bank NA
Jul 31, 2017
—
Greenwood Avenue Investors LLC
—
Deed
related
$18,600,000 · Banner Bank
Aug 1, 2016
—
Greenwood Avenue Investors LLC
—
Deed
related
$4,000,000 · Matthew J & Jennifer L Smith
Jun 15, 2016
$2,700,000
Greenwood Avenue Investors LLC
Voa Wstn Washington Props Corp
Warranty Deed
—
Apr 30, 2015
—
Voa Wstn Washington Props Corp
Volunteers Of America Wstn Washin
Quit Claim Deed
related
—
Jan 16, 2015
—
Voa Wstn Washington Props Corp
Volunteers Of America Wstn Washin
Quit Claim Deed
related
—
Oct 26, 2012
—
Volunteers Of America Wstn Washin
—
Deed Of Trust
related
$2,050,000 · Whidbey Island Bank
Dec 29, 2009
$2,200,000
Volunteers Of America Western Wa
Douma,dean & Gail
Warranty Deed
$1,825 · Dean & Gail Douma
Jan 4, 2000
$750,000
Dean Douma
Vanmersbergen,sherwin & Carolyn
Grant Deed
$675,000 · Seller
—
—
Volunteers Of America Wstn Washin
—
Deed Of Trust
related
$700,000 · Whidbey Island Bank
—
—
Greenwood Avenue Investors LLC
—
Deed Of Trust
related
$4,000,000 · Matthew J & Jennifer L Smith
—
—
Dean H Douma
—
Deed Of Trust
related
$530,000 · Bank Of America
—
—
Volunteers Of America Wstn Washin
—
Loan Modification
related
—
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 9041 Greenwood 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.
