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Financial
Distress signals
Property profile

8412 164Th Ave NE Redmond, WA 98052

FOR SALE
Commercial land
Property ID
US90-1554687
1,370 SF 0.33 ac lot Built 1916
Last sale Dec 2020 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a development site with entitlements under the City of Redmond Downtown Core (DTC) zoning designation. The zoning allows a Floor Area Ratio (FAR) of up to 6.5, providing an estimated maximum buildable area of approximately 93,600 square feet, and is being presented as a 14,400-square-foot redevelopment site. The site is located within walking distance of the Downtown Redmond Light Rail Station and falls within a zone that permits a mix of multifamily residential, office, retail,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$17k
Tax billed · 2022
Assessed value$2.30M
Assessed land$2.30M
Effective rate0.73%

Value estimate

· Oct 2026
$2.05M
$1.84M – $2.25M
AI approach$2.25M
Submarket $/SF estimate$1.70M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$777/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$233 – $1,244
Qualifying comparables15

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?
TSQ
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 Store8.8
Shoe Repair8.6
Florist8.3

Location

8412 164Th Ave NE Redmond, WA 98052
County assessor Recorded deeds · 5 transfers 15 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16524 Cleveland, Redmond, WA 98052-4408 $3,050,000 Apr 2023 No data
80th, Redmond, WA 98052 $3,005,000 Nov 2022 No data
Redmond, WA 98052 $47,503,200 Feb 2022 No data
Redmond, WA 98052 $9,000,000 Jan 2022 12,230 SF
Redmond, WA 98052 $215,000 Oct 2021 1,580 SF
17445 70th, Redmond, WA 98052-4914 $2,100,000 Mar 2021 20,000 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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