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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Automotive properties
11800 124th NE Ave Kirkland, WA 98034-8109
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-0881728
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1980
Construction
WOOD
Total area
6,160 SF
Lot
4.61 ac (200,949 SF)
Zoning code
TL 6A
APN
282605-9060
UPID
US90-0881728
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
-
Ford of Kirkland Service Auto Repair Shop
-
Best Chance Auto Loan Car Dealership
-
Ford of Kirkland Parts Department Auto Parts Store
-
Hyundai of Kirkland Car Dealership
-
Ford of Kirkland Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
City Of Kirkland · 4 yrs held
City Of Kirkland
since 2022
3 recorded transactions
Zoning & alternative use
TL 6A · 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
$97 / 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
$95,466
Tax year 2022
Assessed value
$10,476,600
Assessed 2022
Previous assessed
$10,476,600
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$7,094,100
Assessed improvement
$3,382,500
Land market value
$7,094,100
Improvement market value
$3,382,500
Total market value
$10,476,600
Applied tax rate
1,743.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
6,160 SF
Lot
4.61 ac (200,949 SF)
Zoning code
TL 6A
APN
282605-9060
UPID
US90-0881728
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TL 6A · Kirkland, WA
Zoning TL 6A · permitted uses
TL 6A · 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
1
Buildings
3
Lot
4.61 ac
Current owner
From public records · entity-resolved
City Of Kirkland
Entity
Free & Clear · 4 yrs held
Mailing address
123 5TH AVE, KIRKLAND, WA 98033-6121
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
—
City Of Kirkland
Kirkland Totem Real Estate Partners
Warranty Deed
—
Sep 17, 2018
—
Kirkland-totem R & E Ptrs LLC
—
Grant Deed
related
$17,333,189 · Comerica Bk
Mar 13, 2015
$8,400,000
Kirkland Totem Real Estate Partners
Curry Commercial Land Company INC
Warranty Deed
$6,680,000 · Comerica 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.
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