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Property profile

120 196Th Ave Redmond, WA 98053

OFF-MARKET
Mixed-use properties
1.63 ac lot
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Property summary

AI-generated overview

This 1.63-acre property in Redmond, WA (APN 2926069072), located at 120 XX 196th Ave NE, 98053, presents a unique opportunity. Situated in the desirable Avondale community, this level lot (71,002 sq ft) is zoned RA5 and offers potential for residential development or continued recreational use. Currently utilized for gardening and recreational purposes, the property requires some work to become a buildable site. Conveniently located within 10 minutes of downtown Redmond and 25 minutes from Bellevue, offering easy access to shopping, dining, and entertainment. Utilities at the street include power

Property profile

Verified
Property type Mixed-use properties
Lot 1.63 ac (71,003 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 196Th Ave Redmond, WA 98053
Redmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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