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    18398 Redmond-Fall City Rd Redmond, WA 98052

    Sponsored
    For Lease
    $22 SF/Yr

    Redmond flex space, 5 buildings, 59,317 sqft.

    Lot size:
    59,317 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Redmond, WA business park offers a prime opportunity for businesses seeking flexible industrial or office space. Located at 18398 Redmond-Fall City Rd NE, 98052, this property boasts five single-story buildings totaling 59,317 square feet. The park features quality concrete tilt-up construction with impressive 14'-16' clear ceiling heights, ideal for various industrial and office uses. Currently, one flex space of 2,197 square feet is available. The park enjoys convenient access to SR-520 and is close to downtown Redmond amenities, providing excellent accessibility and a strategic location. The property is multi-tenant. Note that water, sewer, and trash are not included in the lease. This is an exceptional opportunity to establish your business in a well-maintained and conveniently located business park.

    Property Features for 18398 Redmond-Fall City Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,317 SF
    Total Rate
    109736.45

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    18394
    Size
    2,197 SF
    Rate per SF
    $22

    HighLights

    • Professional business park setting.
    • Excellent access to SR 520, Union Hill, and Downtown Redmond.
    • Abundant nearby amenities including major retailers.
    • Minutes from future light rail stations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.09516504
    Latitude
    47.66238902

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    FAQs

    What type of property is this?
    Distribution property - Redmond flex space, 5 buildings, 59,317 sqft.
    Where is this distribution property located?
    The property is located at 18398 Redmond-Fall City Rd Redmond, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Professional business park setting.; Excellent access to SR 520, Union Hill, and Downtown Redmond.; Abundant nearby amenities including major retailers.
    Request Owner's contact information
    18398 Redmond-Fall City Rd 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
    18398 Redmond-Fall City Rd Redmond, WA 98052
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