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Downtown Office Building Opportunity
For Sale
$985,000

10107 Woodinville Dr, Bothell, WA 98011

Two-story office building totals 2,584 RSF with 8 parking stalls in downtown Bothell.

Property Size2,584 SF
Price / SF$381.19
Days on Market164

Property Features for 10107 Woodinville Dr

General Information

Standard status Active
Size 2,584 SF
Class B
Total Parking Spaces 8
Property subtype Office

Building Details

Building Size 2,584 SF
Year Built 1983
Stories 2
Listing Agency: Leibsohn & Company
Listed By: Royce Cottle · License #WA 73374
Source: Leibsohn
Added: May 17 Changed: Sep 4 Last Checked: Oct 26 at 1:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leibsohn & Company

Rey
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Investment Insights

Based on property information with market context.

This owner/user office building is offered for sale with two floors totaling 2,584 RSF. The property includes 8 parking stalls, supporting convenient on-site parking for staff and visitors.

Located in downtown Bothell, the building provides an in-town setting for an owner-occupied office or a buyer looking for an office asset within the area.

With its two-floor layout and dedicated parking count, the property is positioned as a straightforward office purchase for an organization seeking a compact, downtown footprint.

Key Highlights

  • Owner/user office building in downtown Bothell, WA
  • Two floors totaling 2,584 RSF
  • Includes 8 parking stalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,489
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,780 $1.1M
Cap Rate 7%
$778,414 $778.4K
Cap Rate 9%
$605,433 $605.4K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$93.0K $36.00/SF
− Vacancy
−$20.4K −$7.88/SF
EGI
$72.7K $28.12/SF
− OpEx
−$18.2K −$7.03/SF
NOI
$54.5K $21.09/SF
Area
King County, WA
Vacancy
21.90%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,780
Cap Rate 7%
$778,414
Cap Rate 9%
$605,433

Alternative Uses

Best Use
Office B
$778.4K
$681.1K – $908.2K (±1% cap)
NOI $54,489 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$905.6K – $1.21M (±1% cap)
NOI $72,447 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Thorn Ford Dental ... Dental Office

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Restaurant Auto Repair Shop Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby

Demographics for 98011, WA

27,897
Population
12,424
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
3,929
Density / Sq Mi
$127,445
Median Household Income
$77,467
Median Earnings
$2,223
Median Rent
$888,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building totals 2,584 RSF with 8 parking stalls in downtown Bothell.
Where is this office building located?
The property is located at 10107 Woodinville Dr Bothell, WA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Owner/user office building in downtown Bothell, WA; Two floors totaling 2,584 RSF; Includes 8 parking stalls
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