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Property profile & analytics
OFF-MARKET
Estimated value
$11,740,000
Warehouses
Sunset NE Blvd, Renton, WA 98056
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2634185
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Lot
0.03 ac (1,300 SF)
Zoning code
RM-F
APN
082305-9143
UPID
US90-2634185
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
$7.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.74M
Owner & transaction history
1105 Sunset LLC · 4 yrs held
1105 Sunset LLC
since 2022
Last sale
$12.2M
7 recorded transactions
Zoning & alternative use
RM-F · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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
$10,850,000
ML approach
$7,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.74M
Range $10.57M – $12.91M · ±10% · vs last sale $12.18M (Jan 24 2022)
Last sale anchor
$12.18M
Jan 24 2022
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
—
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
$198
Tax year 2022
Assessed value
$19,500
Assessed 2022
Previous assessed
$19,500
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$19,500
Land market value
$19,500
Total market value
$19,500
Applied tax rate
2,100.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
0.03 ac (1,300 SF)
Zoning code
RM-F
APN
082305-9143
UPID
US90-2634185
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RM-F · Renton, WA
Zoning RM-F · permitted uses
RM-F · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.03 ac
Current owner
From public records · entity-resolved
1105 Sunset LLC
Entity
Mailing address
PO BOX 2034, SANTA MONICA, CA 90406-2034
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
1105 Sunset Sp LLC
—
Deed
related
$15,250,000 · Barclays Capital Real Estate INC
Jan 24, 2022
$16,300,000
1105 Sunset LLC
1105 Sunset LLC
Warranty Deed
related
$9,400,000 · Key Bank NA
Jan 19, 2022
—
B P R Renton LLC
Urban Renton LLC
Quit Claim Deed
related
—
Sep 30, 2020
$12,183,000
1105 Sunset LLC
Spencer Renton LLC
Warranty Deed
$7,500,000 · Columbia State Bank
Jul 1, 2004
$4,617,500
Spencer Renton LLC
Storage Venture Partners LLC
Grant Deed
$2,990,000 · Cascade Bank
Apr 15, 1999
—
Storage Venture Partners LLC
—
Grant Deed
related
$3,465,000 · Us Bank
Oct 9, 1998
$98,466
Storage Venture Partners Lc
Potoshik,emery & Peggy
Grant Deed
—
—
—
Spencer Renton LLC
—
Deed Of Trust
related
$6,225,000 · 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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