Financial
Distress signals
Property profile

9680 153Rd Ave NE Redmond, WA 98052

FOR LEASE
Manufacturing properties
View Listing
Property ID
US90-1234505
21,352 SF 1.25 ac lot Built 2006
Last sale Nov 2019 · $6,540,800
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

Standalone industrial facility totaling approximately 21,352 RSF, consisting of an approximately 15,412 RSF warehouse and an approximately 5,940 RSF office component. The warehouse features approximately 22–24 feet clear ceiling heights, ground-level loading (GL), and insulated warehouse walls. Improvements include a gated, paved, and lit yard with exterior vehicle charging and provisions supporting on-site vehicle operations. The property is located at 9680 153rd Ave NE in Redmond, Washington, and is designated under MP zoning.

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?
$34k
Tax billed · 2022
Assessed value$4.64M
Assessed land$2.73M
Assessed improvement$1.91M
Effective rate0.73%

Value estimate

· Sep 2026
$1.50M
$1.35M – $1.64M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$192 – $604
Qualifying comparables3

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?
MP
The purpose of the Manufacturing Park (MP) zone is to provide locations for existing and future manufacturing and industrial uses, partic...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store13.4
Garden Center12.4
Hotel & Motel11.5

Location

9680 153Rd Ave NE Redmond, WA 98052
County assessor Recorded deeds · 7 transfers 3 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

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9660 153rd NE Ave, Redmond, WA 98052-2546 $9,300,000 Jan 2025 No data
9320 151st NE, Redmond, WA 98052-3515 $10,475,000 Nov 2024 23,472 SF
18005 68th St, Redmond, WA 98052-6716 $55,000,000 Jan 2024 No data
12341 134th NE, Redmond, WA 98052-2433 $20,000,000 May 2021 20,818 SF
12208 134th NE, Redmond, WA 98052-2429 $4,900,000 Nov 2020 20,250 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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