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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Industrial properties
933 49th St Seattle, WA 98107-3654
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0153635
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,738 SF
Lot
0.11 ac (5,000 SF)
Zoning code
IG2 U/65
APN
276830-2240
UPID
US90-0153635
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
-
DataPro International Inc Industrial Manufacturer
-
Aiello Architecture + Design Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
James Sherman · 8 yrs held
James Sherman
since 2018
7 recorded transactions
Zoning & alternative use
IG2 U/65 · 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
$98 / 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
$15,611
Tax year 2022
Assessed value
$1,804,600
Assessed 2022
Previous assessed
$1,804,600
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$775,000
Assessed improvement
$1,029,600
Land market value
$775,000
Improvement market value
$1,029,600
Total market value
$1,804,600
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
1
Bathrooms
1
Total area
11,738 SF
Lot
0.11 ac (5,000 SF)
Zoning code
IG2 U/65
APN
276830-2240
UPID
US90-0153635
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/65 · Seattle, WA
Zoning IG2 U/65 · permitted uses
IG2 U/65 · 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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
James Sherman
Individual
Mailing address
933 NW 49TH ST, SEATTLE, WA 98107-3654
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Sherman Brothers Nevada LLC
—
Deed
related
$1,500,000 · Citizens Bank & Trust Co
Jan 4, 2018
—
James Sherman
Sherman Brothers Props LLC
Quit Claim Deed
related
—
Dec 20, 2016
—
Sherman Brothers Props LLC
—
Deed
related
$2,000,000 · Banner Bk
Oct 15, 2012
$1,200,000
Sherman Brothers Props LLC
Marcoe,david B & Lori L
Warranty Deed
$1,000,000 · Foundation Bank
Mar 23, 2001
—
David B Marcoe
Marcoe INC
Quit Claim Deed
related
—
Mar 15, 2001
$250,000
Marcoe INC
Dixon Trust
Grant Deed
—
Sep 25, 1991
—
Dixon,alfred L&mabel L Tte
Dixon,alfred L&m
Grant Deed
related
—
—
—
David B Marcoe
—
Deed Of Trust
related
$175,000 · Golf Savings Bank
—
—
Sherman Brothers Props LLC
—
Loan Modification
related
$2,000,000 · Banner Bk
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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