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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
11416 Slater NE Ave Kirkland, WA 98033-8827
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US90-0481898
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD
Total area
6,420 SF
Lot
0.49 ac (21,238 SF)
Zoning code
NRH 3
APN
332605-9109
UPID
US90-0481898
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
-
Stefan Music Counselor
-
The Kinetic Sense, LLC Alternative Medicine Practice Spa & Massage Center
-
ASHLEY WRIGHT Counselor
-
Mark A. Koenen, M.D. Physician
-
Anne Cahanin 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
$1.40M
Owner & transaction history
Richard C Goodman · 29 yrs held
Richard C Goodman
since 1996
6 recorded transactions
Zoning & alternative use
NRH 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$217 / 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
$15,321
Tax year 2022
Assessed value
$1,848,000
Assessed 2022
Previous assessed
$1,848,000
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$637,100
Assessed improvement
$1,210,900
Land market value
$637,100
Improvement market value
$1,210,900
Total market value
$1,848,000
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
1987
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
6,420 SF
Lot
0.49 ac (21,238 SF)
Zoning code
NRH 3
APN
332605-9109
UPID
US90-0481898
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NRH 3 · Kirkland, WA
Zoning NRH 3 · permitted uses
NRH 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.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Richard C Goodman
Individual
Mailing address
11416 SLATER AVE NE STE #201, KIRKLAND, WA 98033-4600
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 1996
$88,500
Richard C Goodman
Lehman,ernest G & Carolyn G
Grant Deed
—
May 4, 1995
$26,000
Totem Square Associates
Kametomi,john & Connie
Grant Deed
—
Dec 10, 1991
$47,488
Ronald L Hoyer
Hermans,david A
Grant Deed
—
May 2, 1989
$12,320
Ernest Lehman
Dinwiddie
Grant Deed
—
Jun 2, 1988
$17,920
Ernest G Lehman
Dinwiddie
Grant Deed
—
—
—
Totem Square Associates LLC
—
Deed Of Trust
related
$415,000 · Interwest 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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