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Office Building with Onsite Parking
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16455 NE 85th St, Redmond, WA 98052

Office building offering ample onsite parking and redevelopment potential under existing EH zoning.

Property Size7,095 SF
Days on Market255

Property Features for 16455 NE 85th St

General Information

Standard status Active
Size 7,095 SF
Property subtype OFFICE
Zoning EH Zoning
Listing Agency: RE/MAX Metro Realty, Inc.
Listed By: Jenny Liu · License #22024760
Source: Moodyscre
Added: Jan 1 Changed: Aug 15 Last Checked: Sep 12 at 7:00AM

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 RE/MAX Metro Realty, Inc.

Investment Insights

Based on property information with market context.

This office building includes generous onsite parking for tenants and clients. The property is currently under EH zoning, with redevelopment and investment potential noted in the provided information, including reference to an upcoming Downtown Redmond edge zoning update.

The location is described as minutes from downtown Redmond, with proximity to an upcoming East Link Light Rail station and the Redmond Transit Center. The area is also characterized by high foot traffic and easy transit access, with major employers such as Microsoft in the surrounding area.

The offering is presented as a long-term investment in a high-demand area supported by nearby retail, dining, grocery options, parks, and essential services.

Key Highlights

  • Office building with ample onsite parking for tenants and clients.
  • Located near downtown Redmond with easy transit access and high foot traffic.
  • Proximity to the upcoming East Link Light Rail station and the Redmond Transit Center.

Property Analytics

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Current Use

Redmond Art of Dentistry Dental Office Merchant Nadeem DDS Dental Office Higgason Construction Construction Company Bienstock Law, PLLC Law Firm Dr. Daniel Bickel Dental Office

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Mobile Phone Store Restaurant

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

3,409
Businesses Nearby

Demographics for 98052, WA

77,176
Population
34,946
Households
2.2
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
20.3 sq mi
ZIP Area
3,802
Density / Sq Mi
$164,848
Median Household Income
$106,078
Median Earnings
$2,339
Median Rent
$1,107,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building offering ample onsite parking and redevelopment potential under existing EH zoning.
Where is this office building located?
The property is located at 16455 NE 85th St Redmond, WA.
What are key features of this property?
This property features: Office building with ample onsite parking for tenants and clients.; Located near downtown Redmond with easy transit access and high foot traffic.; Proximity to the upcoming East Link Light Rail station and the Redmond Transit Center.
(425) 230-7538 Call to check price and availability
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