Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

11251 120Th Ave Northeast Kirkland, WA 98033

FOR LEASE
Manufacturing properties
Property ID
US90-0735026
40,000 SF 2.48 ac lot Built 1966
Last sale Apr 2000 · $4,150,700
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
11251 120Th Ave Northeast, Kirkland, WA 98033 For Lease
Contact for pricing 9,871 SF available
11251 120Th Ave Northeast, Kirkland, WA 98033
View Listing

Property summary

AI-generated overview

A 9,871-square-foot gym space configured for flexible tenant use, including the ability to be divided into 5,666-square-foot and 4,205-square-foot areas. The space includes a roll-up door, an office, and a restroom, and it has a gym floor with matted flooring. Ceiling height is approximately 24 feet clear. The layout and finishes are suited for activities such as dance, gymnastics, cheer, or similar instruction-based or training uses.

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?
$76k
Tax billed · 2022
Assessed value$8.93M
Assessed land$2.81M
Assessed improvement$6.11M
Effective rate0.85%

Value estimate

· Oct 2026
$3.05M
$2.75M – $3.36M
Submarket $/SF estimate$2.36M

Realmo valuation models over county records and 5 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 comparables5

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?
TL 10E
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.0
Wholesale Shop18.5
Nail Salon15.6

Location

11251 120Th Ave Northeast Kirkland, WA 98033
County assessor Recorded deeds · 14 transfers 5 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 · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
815 8th, Kirkland, WA 98033-5624 $1,750,000 Sep 2022 10,092 SF
10809 120th NE, Kirkland, WA 98033-5024 $40,000,000 Mar 2022 61,714 SF
10801 120th NE, Kirkland, WA 98033-5024 $40,000,000 Mar 2022 51,584 SF
915 6th, Kirkland, WA 98033 $4,400,000 Apr 2019 12,847 SF
506 5th S, Kirkland, WA 98033-6935 $2,950,000 Apr 2019 33,390 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again