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Financial
Distress signals
Property profile

17455 68Th Ave NE Kenmore, WA 98028

FOR LEASE
Office buildings
Property ID
US90-1677815
10,518 SF 0.43 ac lot Built 1963
Last sale Nov 2014 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
17455 68Th Ave NE, Kenmore, WA 98028 For Lease
Contact for pricing 630 SF available
17455 68Th Ave NE, Kenmore, WA 98028
View Listing

Property summary

AI-generated overview

The Morrison Building offers a single, spacious executive office suite for lease in the desirable CBA Woodinville/Bothell/Kenmore submarket of King County. This exceptional property boasts a total of 1,735 square feet, currently featuring one available suite encompassing 1,014 square feet of well-appointed space, perfect for a variety of business needs. The building's single-suite configuration provides a unique opportunity for a company seeking a private and exclusive office environment. …

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.

Debts

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?
$20k
Tax billed · 2022
Assessed value$1.67M
Assessed land$652k
Assessed improvement$1.02M
Effective rate1.18%

Value estimate

· Oct 2026
$2.14M
$1.92M – $2.35M
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 885.67% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$604/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$273 – $1,016

Cap rate analysis

How does the asset earn?
885.67%
$13k 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?
RB
The purpose of the regional business zone (RB) is to provide for the broadest mix of retail sales, office, wholesale, and service uses , ...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.0
Law Firm20.2
Wholesale Shop18.5

Location

17455 68Th Ave NE Kenmore, WA 98028
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6270 Bothell, Kenmore, WA 98028-8931 $845,000 Nov 2023 1,457 SF
6443 181st, Kenmore, WA 98028-4831 $600,000 May 2021 1,976 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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