Financial
Distress signals
Property profile

1003 7Th Ave Kirkland, WA 98033

FOR LEASE
Office buildings
Property ID
US90-2972193
5,950 SF 0.3 ac lot Built 1981
Last sale Mar 2024 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story office building totaling approximately 6,000 square feet is situated on a 13,200 square foot lot. The interior spaces have been updated and feature extensive window lines providing natural light on both levels. The building configuration includes separate private entrances, supporting either a multi-tenant arrangement or occupancy of the full building. The property includes 17 surface parking stalls for employee and client access. The site is located within Kirkland’s Urban Flex

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 · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value · 2023$1.10M
Assessed land$462k
Assessed improvement$639k
Effective rate1.20%

Value estimate

· Sep 2026
$2.60M
$2.34M – $2.86M
AI approach$2.60M
CAP approach$2.06M
Sales comparison$1.85M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$556/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$311 – $742
Qualifying comparables11

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?
LIT
ones. 35.20 Permitted Uses. 35.30 Density/Dimensions. 35.40 Development Standards. 40 Industrial Zones 40.05 User Guide. 40.05.010 Applic...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.0
Laundromat8.5
Pawn Shop8.3

Location

1003 7Th Ave Kirkland, WA 98033
County assessor Recorded deeds · 3 transfers 11 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
406 Market, Kirkland, WA 98033-6135 $3,350,000 Jul 2025 4,987 SF
10422 37th, Kirkland, WA 98033-7960 $4,500,000 Jul 2024 6,064 SF
10519 38th, Kirkland, WA 98033-7926 $2,800,000 Apr 2024 3,888 SF
11417 124th NE, Kirkland, WA 98033-4677 $3,000,000 Nov 2023 5,825 SF
3724 Lk Washington NE, Kirkland, WA 98033-7802 $5,000,000 Nov 2021 6,004 SF
720 8th, Kirkland, WA 98033-5649 $3,000,000 May 2021 4,448 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?”
More about this property
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