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    8020-8058 161St Ave NE Redmond, WA 98052

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    For Lease
    Contact for pricing

    New retail space in high-profile mixed-use project near Downtown Park.

    Property size:
    946 SF
    Lot size:
    0.96 Acres

    Property Features for 8020-8058 161St Ave NE

    General Information

    Size
    946 SF
    Lot size
    0.96 Acres

    Source: CBRE Agent Lourdes Valdesuso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redmond Way Retail Space

    This is a newly constructed retail space located in a high-profile residential mixed-use project with a pedestrian focus, fronting Redmond Way. The property is conveniently located across from the new iconic signature 2.2-acre Downtown Redmond Park, which serves as a gathering place for the community. The available space is 946 square feet. This location is ideal for food uses not requiring a Type I hood.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.124997
    Latitude
    47.675479

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    FAQs

    What type of property is this?
    Retail space - New retail space in high-profile mixed-use project near Downtown Park.
    Where is this retail space located?
    The property is located at 8020-8058 161St Ave NE Redmond, WA.
    What are key features of this property?
    This property features: - Newly constructed high profile residential mixed-use project.; - Pedestrian-focused design fronting Redmond Way.; - Conveniently located across from the new 2.2 acre Downtown Redmond Park.
    (206) 618-7003
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    8020-8058 161St Ave NE Redmond, WA 98052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8020-8058 161St Ave NE Redmond, WA 98052
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