Financial
Distress signals
Property profile

14401 Issaquah Hobart Rd Issaquah, WA 98027

FOR LEASE
Office buildings
Property ID
US90-0764241
13,052 SF 1.58 ac lot Built 1971
Last sale Jul 2006 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office suite totaling 847 square feet is located within a newer construction building. The suite is a corner configuration with abundant windows, and it includes higher-quality interior finishes. Tenants have access to an on-site building conference room. The property provides plentiful on-site parking, and the suite is set up as an office space for general office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$57k
Tax billed · 2022
Assessed value$2.73M
Assessed land$894k
Assessed improvement$1.84M
Effective rate2.10%

Value estimate

· Sep 2026
$775k
$698k – $853k
AI approach$710k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$7k
Operating expenses−$6k
NOI · 66,151.85% cap applied$18k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$439/SF
Submarket average, outlier-cleaned · 142 recorded sales of this use type
Observed band · Q1–Q3$337 – $598
Qualifying comparables6

Cap rate analysis

How does the asset earn?
66,151.85%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NB
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant10.8
Dental Office10.8
Realty agency10.8

Location

14401 Issaquah Hobart Rd Issaquah, WA 98027
County assessor Recorded deeds · 11 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
975 5th NW, Issaquah, WA 98027-2419 $5,150,000 Feb 2026 11,595 SF
195 Gilman, Issaquah, WA 98027-2940 $3,950,000 Oct 2024 8,376 SF
710 5th NW, Issaquah, WA 98027-2840 $1,699,191 Jul 2024 11,709 SF
1530 11th NW, Issaquah, WA 98027-5317 $6,400,000 Aug 2020 15,114 SF
22510 64th, Issaquah, WA 98027-5390 $5,325,000 Mar 2020 8,430 SF
640 Gilman, Issaquah, WA 98027-2476 $3,710,000 Aug 2019 12,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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