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Property profile & analytics
FOR SALE
Office buildings
11415 128Th St Kirkland, WA 98034
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0735040
No photos on file
For Sale
$6,250,000
11415 128Th St, Kirkland, WA 98034
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
16,400 SF
Lot
1.38 ac (60,044 SF)
Zoning code
PR 3.6
APN
292605-9032
UPID
US90-0735040
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
-
Tatyana Shepel, Psy.D., Clinical Psychologist Physician Medical Clinic
-
Psychiatry For Women Physician
-
bibeault clinical & forensic psychiatry Medical Clinic
-
Condit Hallie Foster Care Service Social Service Agency
-
Mona Ebrahimi Physician Medical Clinic
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
Cimworks Building Partnership LLC · 5 yrs held
Cimworks Building Partnership LLC
since 2021
Last sale
$195,000
7 recorded transactions
Zoning & alternative use
PR 3.6 · 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
$30,153
Tax year 2022
Assessed value
$3,692,300
Assessed 2022
Previous assessed
$3,692,300
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,801,300
Assessed improvement
$1,891,000
Land market value
$1,801,300
Improvement market value
$1,891,000
Total market value
$3,692,300
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
For Sale
Year built
1980
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
16,400 SF
Lot
1.38 ac (60,044 SF)
Zoning code
PR 3.6
APN
292605-9032
UPID
US90-0735040
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PR 3.6 · Kirkland, WA
Zoning PR 3.6 · permitted uses
PR 3.6 · 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
1980
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Cimworks Building Partnership LLC
Entity
Mailing address
646 32ND AVE E, SEATTLE, WA 98112-4219
Ownership since
2021
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
May 27, 2021
—
Cimworks Building Partnership LLC
Cimworks Building Partnership
Quit Claim Deed
related
—
Sep 26, 2005
$195,000
Chukwunwike J Onianwa
Kirkland Springs LLC
Warranty Deed
—
Jan 30, 2002
—
Cim Works Building Partnership
Gamache,james P & Laura A
Quit Claim Deed
related
—
Jul 25, 1996
$1,271,450
Gamache,james P & Laura A
Radovich,john C & Carol D
Trustees Deed
$631,148 · Us Bank Of Washington
Aug 15, 1995
—
John C Radovich
—
Deed Of Trust
related
$1,000,000 · Enterprise Bank Of Bellevue
—
—
Cimworks Building Partnership
—
Deed Of Trust
related
$200,000 · Us Bank NA
—
—
John C Radovich
—
Deed Of Trust
related
$600,000 · Enterprise Bank Of Bellevue
—
—
John C Radovich
—
Deed Of Trust
related
$600,000 · Enterprise Bank Of Bellevue
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?”
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