Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Office buildings
10420 37th Cir Kirkland, WA 98033-7924
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3249907
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,520 SF
Lot
0.09 ac (4,027 SF)
Zoning code
YBD 3
APN
431500-0050
UPID
US90-3249907
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$2.66M
Owner & transaction history
Eastside Preparatory School · 1 yrs held
Eastside Preparatory School
since 2025
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
YBD 3 · 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
Method
Estimation
Statistic approach
$2,725,000
ML approach
$2,665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,955,000
Current use
COMMERCIAL (GENERAL)
$1,795,000
Change: -8% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,615,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $2.65M (Jan 16 2025)
Last sale anchor
$2.65M
Jan 16 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$756 / 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
$14,320
Tax year 2022
Assessed value
$1,672,000
Assessed 2022
Previous assessed
$1,672,000
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$483,200
Assessed improvement
$1,188,800
Land market value
$483,200
Improvement market value
$1,188,800
Total market value
$1,672,000
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
3,520 SF
Lot
0.09 ac (4,027 SF)
Zoning code
YBD 3
APN
431500-0050
UPID
US90-3249907
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
YBD 3 · Kirkland, WA
Zoning YBD 3 · permitted uses
YBD 3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Eastside Preparatory School
Individual
Mailing address
218 MAIN ST #340, KIRKLAND, WA 98033-6108
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
$2,650,000
Eastside Preparatory School
Kirkland Linbrook LLC
Warranty Deed
—
Feb 25, 2022
—
Kirkland Linbrook LLC
—
Deed
related
$850,000 · Homestreet Bank
Jan 29, 2016
$1,600,000
Kirkland Linbrook LLC
Bittitan INC
Warranty Deed
—
Dec 21, 2012
$1,450,000
Bittitan INC
S1s2 LLC
Warranty Deed
—
Jun 15, 2006
$1,230,528
Miranda LLC
Hines Linbrook Associates
Grant Deed
—
Jun 15, 2006
$2,581,812
Linbrook Buildings LLC
Hines Linbrook Associates
Grant Deed
—
Sep 14, 2005
$1,205,000
S1s2 LLC
Hines Lindbrook Assocs
Grant Deed
$665,000 · General Electric Capital Corp
Mar 15, 2005
$20,500
Hines Linbrook Associates
Yett Family Ptshp
Grant Deed
$17,000,000 · Fremont Investment & Loan
Mar 15, 2005
—
Linbrook Owners Assn
Yett Family Ptshp
Grant Deed
—
Feb 16, 2005
—
Yett Family Ptshp
Yett Family Ptshp
Quit Claim Deed
—
Jun 2, 1997
$12,675,000
Yett Family Partnership LP
Linbrook Office Park I LP
Grant Deed
$8,711,000 · Seafirst Bank
Jan 17, 1990
$810,000
Linbrook Office Park III
Pacific First Fe
Grant Deed
—
—
—
S1s2 LLC
—
Deed Of Trust
related
$550,000 · Rural Housing & Community Dev
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 10420 37th Cir?
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.
