Financial
Distress signals
Property profile

11730 118th NE Ave Kirkland, WA 98034

OFF-MARKET
Office buildings
Property ID
US90-1282195
38,760 SF 1.7 ac lot Built 1998
Last sale Mar 2014 · $9,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Park 118 is an industrial/flex property designed for leasing, providing up to 32,563 square feet of combined flex, industrial, and office space on a 2.71-acre lot. The first floor is laid out for flex or industrial use and is configured as a full motion picture studio. The property is located in the Totem Lake business district of Kirkland, with access to I-405 nearby.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$97k
Tax billed · 2022
Assessed value$12.47M
Assessed land$2.08M
Assessed improvement$10.39M
Effective rate0.78%

Value estimate

· Sep 2026
$9.97M
$8.97M – $10.96M
AI approach$9.74M
CAP approach$13.42M

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

Recently sold

What actually traded nearby?
$551/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$311 – $742
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TL 10B
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.8
Wholesale Shop16.3
Nail Salon16.2

Location

11730 118th NE Ave Kirkland, WA 98034-7125
County assessor Recorded deeds · 9 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12707 120th NE, Kirkland, WA 98034-7500 $12,415,500 Apr 2022 16,928 SF
12025 115th NE, Kirkland, WA 98034-6942 $9,425,000 Dec 2021 22,944 SF
11415 128th, Kirkland, WA 98034-6314 $195,000 May 2021 16,400 SF
11335 122nd, Kirkland, WA 98034-6933 $15,744,400 Jun 2019 53,488 SF
11332 122nd, Kirkland, WA 98034-6949 $35,748,500 Feb 2019 66,909 SF
11410 122nd, Kirkland, WA 98034-6945 $35,748,500 Feb 2019 66,909 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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