Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
1018 Market St Kirkland, WA 98033-5424
Entity Owned
Property ID
US90-3344919
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1922
Construction
WOOD
Total area
2,200 SF
Lot
0.12 ac (5,222 SF)
Zoning code
MSC 1
APN
388580-4670
UPID
US90-3344919
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
-
OneAccord Business Management Consultant
-
Ariana Designs & Architecture Interior Design Home Decor Store
-
Jor Mac Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Naakef 1018 LLC
Naakef 1018 LLC
since 2025
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
MSC 1 · 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
—
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
$7,269
Tax year 2022
Assessed value
$946,000
Assessed 2022
Previous assessed
$946,000
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$652,700
Assessed improvement
$293,300
Land market value
$652,700
Improvement market value
$293,300
Total market value
$946,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
2,200 SF
Lot
0.12 ac (5,222 SF)
Zoning code
MSC 1
APN
388580-4670
UPID
US90-3344919
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MSC 1 · Kirkland, WA
Zoning MSC 1 · permitted uses
MSC 1 · 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
1922
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Naakef 1018 LLC
Entity
Mailing address
1018 MARKET ST, KIRKLAND, WA 98033-5424
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
$1,900,000
Naakef 1018 LLC
Doingood LLC
Warranty Deed
$1,955,000 · Savibank
Jun 6, 2012
$533,000
Doingood LLC
Springer Development LLC
Bargain And Sale Deed
$520,000 · Us Bank NA
Apr 11, 2012
$550,000
Springer Dev LLC
Shea Elizabeth H
Trustees Deed
related
—
Jun 10, 2004
$888,000
Mcandrews Northwest LLC
Pezeshk,mohammad
Grant Deed
$505,000 · Banner Bank
Jan 18, 1996
$212,500
Mohammad Pezeshk
Storaasli,peter T & Daryl D
Grant Deed
$170,000 · Western States Mortgage Corp
May 8, 1992
$143,500
Peter T Storaasli
Hickam,eula
Grant Deed
$97,600 · Security Pacific National Bank
—
—
Mohammad Pezeshk
—
Deed Of Trust
related
$75,000 · Key Bank NA
—
—
Mohammad Pezeshk
—
Deed Of Trust
related
$253,000 · Key Bank NA
—
—
Mohammad Pezeshk
—
Deed Of Trust
related
$100,000 · Key Bank NA
—
—
Mohammad Pezeshk
—
Deed Of Trust
related
$275,000 · Key Bank NA
—
—
Mohammad R Pezeshk
—
Deed Of Trust
related
$340,000 · Us Bank NA
—
—
Eula Hickam
—
Deed Of Trust
related
$112,500 · Hamilton Savings Bank
—
—
Mohammad R Pezeshk
—
Deed Of Trust
related
—
—
—
Mcandrews Northwest LLC
—
Deed Of Trust
related
$701,250 · Banner 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1018 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
