Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11620 97th NE Ln Kirkland, WA 98034-4269

    • Retail space
    • 12,069 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $2,170,000
    Last Sale
    Mar 16, 2022
    $2,528,786
    Location Intelligence
    Property ID
    US90-1591385
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATI Physical Therapy / Physical Therapy Clinic / Rehabilitation Center
    • Hand and Stone Massage and Facial Spa / Massage Therapist / Day Spa

    Property Details for 11620 97th NE Ln

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.86 lot acres
    Property size
    12,069 SF
    Zone code
    JBD 1
    Property type
    Retail space
    APN
    375790-0055
    APU
    3757900055

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,280,000
      6.5%
      $2,725,000
      7%
      $2,335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,220,000
      Geo Method
      $2,660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,405,000
      Retail
      $2,605,000
      Mixed-Use
      $2,505,000
      Hospitality
      $2,380,000
      Educational
      $2,230,000
      Residential Income
      $2,600,000
      Energy
      $2,460,000
      Income-Based Land
      $2,380,000
      Food Service
      $2,360,000

    Location Insight

    • Map
    • Local Demand
    City
    Kirkland
    County
    King
    State
    Washington
    Longitude
    -122.211
    Latitude
    47.7054
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $44,882
    $2,331,900
    $3,250,400
    $5,582,300
    -
    $2,331,900
    $3,250,400
    $5,582,300

    Comparable in this City

    • Value Estimation by Request
      12,336 SF

      12421 Totem Lk NE Blvd

      RETAIL STORES (PERSONAL SERVICES) • 12,336 SF
      12421 Totem Lk NE Blvd, Kirkland, WA 98034-7504
      View Details
    • Value Estimation by Request
      12,432 SF

      12510 120th NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,432 SF
      12510 120th NE Ave, Kirkland, WA 98034-7501
      View Details
    • Value Estimation by Request
      5,700 SF

      13718 100th NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,700 SF
      13718 100th NE Ave, Kirkland, WA 98034-5216
      View Details
    • Value Estimation
      $425,000
      2,688 SF

      11852 98th NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,688 SF
      11852 98th NE Ave, Kirkland, WA 98034-4214
      View Details
    • Value Estimation
      $355,000
      986 SF

      9805 116th St

      RETAIL STORES (PERSONAL SERVICES) • 986 SF
      9805 116th St, Kirkland, WA 98034-4248
      View Details
    • Value Estimation by Request
      8,625 SF

      Kirkland, WA 98034

      RETAIL STORES (PERSONAL SERVICES) • 8,625 SF
      Kirkland, WA 98034
      View Details

    Similar Nearby for Sale

    • $3,995,000

      Kirkland Turn-Key Sports Bar

      Fully operational sports bar with high ceilings and extensive infrastructure.
      14417 124Th Ave, Kirkland, WA 98034
      View Details
    • Contact for pricing
      12,336 SF

      Retail Property in Kirkland, WA

      Retail property with 12,336 square feet of space.
      12421 Totem Lake Blvd NE, Kirkland, WA 98034
      View Details
    • $899,990
      1,600 SF

      Luxury Townhomes Near Totem Lake

      Elegant 3-bedroom townhomes with upscale finishes and modern amenities.
      12705 NE 144Th St, Kirkland, WA 98034
      View Details
    • $350,000

      Kirkland Development-Ready Land Opportunity

      Four lots suitable for DADUs, cottage housing, or single-family residences.
      13119 NE 134Th Pl, Kirkland, WA 98034
      View Details
    • $350,000

      Development-Ready Lots in Kirkland

      Four lots ideal for DADUs, cottage housing, or SFRs.
      13111 NE 134Th Pl, Kirkland, WA 98034
      View Details
    • $2,100,000

      Kirkland Commercial Land For Sale

      Commercial land with cell tower lease and I-405 visibility.
      11636 120Th Ave NE, Kirkland, WA 98034
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,476 SF

      The Bower: Kirkland Retail Space

      Prime Kirkland storefront, 1,476 sq ft.
      11811 128Th St, Kirkland, WA 98034
      View Details
    • Contact for pricing
      3,739 SF

      Kirkland Retail Space For Lease

      Ground-floor retail space near Downtown Kirkland, up to 3,739 SF.
      11718 97Th Ln NE, Kirkland, WA 98034
      View Details
    • Contact for pricing
      1,500 SF

      Kirkland Retail Space Available

      Retail space available for rent in Kirkland, Washington.
      14130 Juanita Dr NE, Kirkland, WA 98034
      View Details
    • Contact for pricing
      6,624 SF

      Kirkland Retail Space Available

      Retail spaces available in Kirkland, WA, ranging from 6,624-15,547 SF.
      12430 NE 120Th St, Kirkland, WA 98034
      View Details
    • $40 SF/Yr
      4,591 SF

      Retail Space in Totem Lake

      Ground-floor retail space in high-traffic Totem Lake location.
      12333-12337 120Th Ave NE, Kirkland, WA 98034
      View Details
    • $35 SF/Yr
      1,322 SF

      Retail Space in Kirkland Center

      Retail space available in a busy Kirkland shopping center.
      12400 116Th Ave NE, Kirkland, WA 98034
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.3k
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11620 97th NE Ln
    Kirkland, WA 98034-4269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.