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Property profile & analytics
OFF-MARKET
Estimated value
$14,880,000
Office buildings
11410 122nd Way Kirkland, WA 98034-6945
Entity Owned
Free & Clear
Property ID
US90-0380053
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
CONCRETE
Total area
66,909 SF
Lot
2.63 ac (114,380 SF)
Zoning code
TL 10A
APN
389060-0010
UPID
US90-0380053
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
-
Sono Bello Corporate Physician Medical Clinic
-
DTS Washington LLC Telecommunications Service Data Center
-
Connections Health Solutions Kirkland Crisis Center Medical Clinic
-
Citywide Home Loans Loan Service
-
Lowe's Technology Hub Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.88M
Owner & transaction history
King County
King County
since 2026
7 recorded transactions
Zoning & alternative use
TL 10A · 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
$222 / 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
$132,900
Tax year 2022
Assessed value
$16,575,400
Assessed 2022
Previous assessed
$16,575,400
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$3,431,400
Assessed improvement
$13,144,000
Land market value
$3,431,400
Improvement market value
$13,144,000
Total market value
$16,575,400
Applied tax rate
1,806.0000
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
1990
Construction
CONCRETE
Heating
CENTRAL
Buildings
2
Stories
3
Total area
66,909 SF
Lot
2.63 ac (114,380 SF)
Zoning code
TL 10A
APN
389060-0010
UPID
US90-0380053
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TL 10A · Kirkland, WA
Zoning TL 10A · permitted uses
TL 10A · 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
1990
Construction
CONCRETE
Heating
CENTRAL
Stories
3
Buildings
2
Lot
2.63 ac
Current owner
From public records · entity-resolved
King County
Entity
Free & Clear · 0 yrs held
Mailing address
2390 COMEBACK RD #400, PHOENIX, AZ 85016
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2026
$32,630,000
King County
Rox II K405 Owner LLC
Special Warranty Deed
—
Jun 8, 2023
—
Connections Wa LLC
—
Deed
related
$9,950,000 · Department Of Commerce
May 16, 2023
—
Connectionswa LLC
—
Deed
related
$5,820,000 · Department Of Commerce
Mar 30, 2023
—
Connectionswa LLC
Rox II K405 Owner LLC
Lease
—
Feb 20, 2019
$35,748,500
Rox II K405 Owner LLC
Lt Kirkland 405 LLC
Trustees Deed
$28,995,000 · Gi Cre Aggregator Grand Ave Pt
Sep 8, 2011
$12,171,792
Lt Kirkland 405 LLC
Crp-3 Kirkland LLC
Grant Deed
—
Jul 20, 2010
$9,250,000
Crp-3 Kirkland LLC
Mept Kirkland Office I LLC
Grant Deed
—
Oct 30, 2008
—
Mept Kirkland Office I LLC
Newtower Trust Co
Quit Claim Deed
related
—
Dec 7, 1990
$7,000,000
Riggs National Bank Of Wa D
Kirkland #5 Ltd
Grant Deed
related
—
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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