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Property profile & analytics
OFF-MARKET
Turn key restaurants
11451 98th NE Ave Kirkland, WA 98033-4325
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0519524
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,050 SF
Lot
1.8 ac (78,287 SF)
Zoning code
JBD 4
APN
179150-0315
UPID
US90-0519524
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
-
Kathakali, An Indian Eatery Restaurant
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
Dl Management LLC · 10 yrs held
Dl Management LLC
since 2016
7 recorded transactions
Zoning & alternative use
JBD 4 · 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
$14,379
Tax year 2022
Assessed value
$1,331,800
Assessed 2022
Previous assessed
$1,331,800
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,330,800
Assessed improvement
$1,000
Land market value
$1,330,800
Improvement market value
$1,000
Total market value
$1,331,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
2,050 SF
Lot
1.8 ac (78,287 SF)
Zoning code
JBD 4
APN
179150-0315
UPID
US90-0519524
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
JBD 4 · Kirkland, WA
Zoning JBD 4 · permitted uses
JBD 4 · 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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Dl Management LLC
Entity
Mailing address
PO BOX 19345, SEATTLE, WA 98109-1345
Ownership since
2016
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
Jun 16, 2016
$1,180,000
Dl Management LLC
Yang,xiaowei
Warranty Deed
—
May 6, 2011
$850,000
Xiaowei Yang
Renoc INC
Warranty Deed
—
Jun 3, 2005
$1,300,000
Renoc INC
William K Buckley
Warranty Deed
$909,000 · Pacific International Bank
Jan 28, 2002
$1,125,000
William K Buckley
Ge Capital Franchise Finance
Grant Deed
$844,000 · Homestreet Bank
—
—
Renoc INC
—
Deed Of Trust
related
$45,717 · Tiffany Family Trust Corp
—
—
Renoc INC
—
Deed Of Trust
related
$903,406 · Unibank
—
—
Xiaowei|wang Runxiang Yang
—
Deed Of Trust
related
$235,000 · Craig Cooley
—
—
Xiaowei|wang Runxiang Yang
—
Deed Of Trust
related
$1,000,000 · Mk Fin
—
—
Renoc INC
—
Deed Of Trust
related
$185,000 · Unibank
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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