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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Outlet malls
920 Leary Way Seattle, WA 98107-4646
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1360964
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,196 SF
Lot
0.24 ac (10,542 SF)
Zoning code
IB U/45
APN
276830-2281
UPID
US90-1360964
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
-
Sutter Home & Hearth Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Barbara Fiorito · 2 yrs held
Barbara Fiorito
since 2023
7 recorded transactions
Zoning & alternative use
IB U/45 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$150 / 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
$15,277
Tax year 2022
Assessed value
$1,635,000
Assessed 2022
Previous assessed
$1,635,000
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,634,000
Assessed improvement
$1,000
Land market value
$1,634,000
Improvement market value
$1,000
Total market value
$1,635,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
6,196 SF
Lot
0.24 ac (10,542 SF)
Zoning code
IB U/45
APN
276830-2281
UPID
US90-1360964
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IB U/45 · Seattle, WA
Zoning IB U/45 · permitted uses
IB U/45 · 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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Barbara Fiorito
Individual
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
—
Barbara Fiorito
J Dan Fiorito JR
Intrafamily Transfer
related
—
Apr 8, 2002
—
Fiorito J D
—
Deed Of Trust
related
$1,450,000 · Bank Of America
Mar 21, 2002
$950,310
Fiorito J D
Joseph A Fiorito Estate
Quit Claim Deed
related
—
Feb 20, 2002
—
Fiorio J D
Building Account LLC
Quit Claim Deed
related
—
Dec 31, 2001
—
Building Account LLC
Fiorito,j D & Barbara
Quit Claim Deed
related
—
Aug 26, 1999
$108,666
Fiorito J D
Randy Fiorito LLC
Quit Claim Deed
related
—
Jan 11, 1999
—
Randy Fiorito LLC
Fiorito,randy A
Quit Claim Deed
related
—
Dec 29, 1988
—
Randy A Fiorito
F A R Corporatio
Quit Claim Deed
related
—
—
—
J Dan Fiorito JR.
—
Deed Of Trust
related
$750,000 · Banner Bank
—
—
Building Account LLC
—
Deed Of Trust
related
$925,000 · Bank Of America
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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