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Property profile & analytics
OFF-MARKET
Estimated value
$11,435,000
Parking lots & garages
Seattle, WA 98115
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2138845
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1963
Construction
WOOD FRAME
Total area
1,200 SF
Lot
0.29 ac (12,776 SF)
Zoning code
C1-55 (M)
APN
864150-0390
UPID
US90-2138845
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
$8.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.44M
Owner & transaction history
Greenlake Emerald City LLC · 2 yrs held
Greenlake Emerald City LLC
since 2023
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
C1-55 (M) · 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
$12,325,000
ML approach
$8,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.44M
Range $10.29M – $12.58M · ±10% · vs last sale $12.32M (Dec 14 2023)
Last sale anchor
$12.32M
Dec 14 2023
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
$9,529 / 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
$19,538
Tax year 2022
Assessed value
$2,108,000
Assessed 2022
Previous assessed
$2,108,000
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$2,108,000
Land market value
$2,108,000
Total market value
$2,108,000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
RADIANT
Stories
1
Total area
1,200 SF
Lot
0.29 ac (12,776 SF)
Zoning code
C1-55 (M)
APN
864150-0390
UPID
US90-2138845
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C1-55 (M) · Seattle, WA
Zoning C1-55 (M) · permitted uses
C1-55 (M) · 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
WOOD FRAME
Heating
RADIANT
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Greenlake Emerald City LLC
Entity
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
$12,318,648
Greenlake Emerald City LLC
Csh Maple Leaf LLC
Special Warranty Deed
$9,000,000 · First Interstate Bank
Nov 22, 2021
—
Mf1 Capital LLC
—
Deed
related
—
Aug 23, 2021
—
Csh Maple Leaf LLC
—
Deed
related
$9,875,000 · Mf1 Capital LLC
Nov 6, 2015
$8,707,724
Csh Maple Leaf LLC
Stratford At Maple Leaf LLC
Grant Deed
$19,084,000 · Healthcare Financial Solutions LLC
Nov 6, 2015
$17,275,275
Csh Maple Leaf LLC
Webb,george
Grant Deed
—
Nov 6, 2015
—
George Webb
Stratford At Maple Leaf LLC
Quit Claim Deed
—
Aug 31, 2010
—
Stratford At Maple Leaf LLC
—
Deed Of Trust
related
$10,790,000 · Intervest Mortgage Co LLC
Jun 14, 2004
—
Stratford At Mapleleaf LLC
Webb,george S & Anastasia V
Quit Claim Deed
related
—
Nov 5, 1999
—
M L Grahan Company
Kessenich,maille A
Quit Claim Deed
related
—
—
—
Stratford At Maple Leaf LLC
—
Deed Of Trust
related
$1,500,000 · Hicks Brian W Trust (rt)
—
—
M L Graham Co
—
Deed Of Trust
related
$330,000 · Enterprise Bank Of Bellevue
—
—
Stratford At Maple Leaf LLC
—
Deed Of Trust
related
$11,661,000 · First Fed'l S&l Assoc/port Ang
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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