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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Office buildings
914 D NE St Auburn, WA 98002-4163
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1446770
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,888 SF
Lot
0.59 ac (25,642 SF)
Zoning code
C1
APN
745992-0030
UPID
US90-1446770
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
-
Sunny Teriyaki Restaurant
-
CORRECTIVE CHIROPRACTIC Alternative Medicine Practice
-
Northwest Neurology & Electrodiagnostic Center- ASHISH TRIVEDI, MD Medical Clinic
-
Dr. Ashish M. Trivedi, MD Physician
-
Joshua Bailey Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$1.90M
Owner & transaction history
Jeong M Kim · 6 yrs held
Jeong M Kim
since 2020
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C1 · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.1M
+72.9%
Apartment house (5+ units)
$2.7M
+51.8%
Auto repair, garage
$2.7M
+50.6%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$1,860,000
ML approach
$2,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,800,000
Current use
MEDICAL BUILDING
$3,115,000
Change: +73% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,735,000
Change: +52% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,715,000
Change: +51% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,165,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.85M (Jan 30 2020)
Last sale anchor
$1.85M
Jan 30 2020
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
$241 / 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
$23,941
Tax year 2022
Assessed value
$2,043,000
Assessed 2022
Previous assessed
$2,043,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$384,600
Assessed improvement
$1,658,400
Land market value
$384,600
Improvement market value
$1,658,400
Total market value
$2,043,000
Applied tax rate
133.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
7,888 SF
Lot
0.59 ac (25,642 SF)
Zoning code
C1
APN
745992-0030
UPID
US90-1446770
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Auburn, WA
Zoning C1 · permitted uses
C1 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.2M
OFFICE BUILDING Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Jeong M Kim
Individual
Mailing address
11068 SE 54TH LN, BELLEVUE, WA 98006-2602
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2020
$1,850,000
Jeong M Kim
J & M Holdings LLC
Warranty Deed
$1,350,000 · J & M Holdings LLC
Sep 22, 2010
—
J & M Holdings LLC
Proteam Marketing
Quit Claim Deed
related
—
Dec 10, 2001
—
J & M Holdings LLC
Pro-team Marketing INC
Quit Claim Deed
related
$750,000 · Pacifica Bank
May 23, 2001
—
J & M Holding INC
Proteam Marketing
Quit Claim Deed
related
—
Sep 19, 2000
—
Auburn City (wa)
Pro-team Marketing INC
Grant Deed
related
—
Mar 22, 1988
$190,000
Pro-team Marketing INC
Rpm
Grant Deed
$95,000 · Seller
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$950,000 · Washington Mutual Fsb
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$700,000 · Calvin F
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$738,927 · Valley Bank
—
—
J & M Holdings LLC
—
Deed Of Trust
related
$917,000 · Issaquah Bank
—
—
Pro-team Marketing INC
—
Deed Of Trust
related
$700,000 · 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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