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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Assisted living facilities
1002 Lk S St Kirkland, WA 98033-7070
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0456836
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
97,520 SF
Lot
0.24 ac (10,500 SF)
Zoning code
BN
APN
935490-0220
UPID
US90-0456836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
L'Experience Paris - Kirkland Bakery Specialty Food Shop
-
Pūr Skin Clinic Spa & Massage Center Alternative Medicine Practice
-
Aegis Living Kirkland Waterfront Nursing Home Retirement Community
-
Queen Bee Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
City Of Kirkland · 7 yrs held
City Of Kirkland
since 2019
7 recorded transactions
Zoning & alternative use
BN · Kirkland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$201,731
Tax year 2022
Assessed value
$27,168,600
Assessed 2022
Previous assessed
$27,168,600
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,627,500
Assessed improvement
$25,541,100
Land market value
$1,627,500
Improvement market value
$25,541,100
Total market value
$27,168,600
Applied tax rate
1,701.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
3
Units
106
Total area
97,520 SF
Lot
0.24 ac (10,500 SF)
Zoning code
BN
APN
935490-0220
UPID
US90-0456836
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BN · Kirkland, WA
Zoning BN · permitted uses
BN · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
3
Units
106
Lot
0.24 ac
Current owner
From public records · entity-resolved
City Of Kirkland
Entity
Mailing address
415 118TH AVE SE, BELLEVUE, WA 98005-3518
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Asc Kirkland LLC
—
Deed
related
$58,950,000 · Pnc Bank NA
Jul 19, 2019
—
Asc Kirkland LLC
—
Deed
related
$56,570,000 · Pnc Bank NA
Apr 25, 2019
—
City Of Kirkland
Asc Kirkland LLC
Warranty Deed
—
Aug 15, 2017
$10,100,000
Asc Kirkland LLC
Potala Village Kirkland LLC
Grant Deed
$8,000,000 · Washington Tr Bk
Jan 14, 2011
$4,000,000
Potala Village Kirkland LLC
Myaskovsky Emma Trust
Warranty Deed
$4,200,000 · Lake Street Multifamily LLC
Aug 4, 2006
$1,725,000
Myaskovsky Testamentary Trust
Lambert Living Trust
Warranty Deed
—
Dec 16, 1999
—
Lambert Trust
Lambert,grogory M & Mary K
Quit Claim Deed
related
—
—
—
David Myaskovsky
—
Deed Of Trust
related
$1,850,000 · Golf Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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