Financial
Distress signals
Property profile

11812 North Creek Pkwy N Bothell, WA 98011

FOR LEASE
Office buildings
Property ID
US90-1693440
25,703 SF 5.82 ac lot Built 1986
Last sale Feb 2013 · $25,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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11812 North Creek Pkwy N, Bothell, WA 98011 For Lease
Contact for pricing 5,067 SF available
11812 North Creek Pkwy N, Bothell, WA 98011
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Property summary

AI-generated overview

The property comprises approximately 3,644 square feet and is configured to combine office and warehouse space. It includes existing laboratory-oriented improvements, including a shower, a fume hood, and a clean room. The layout is suitable for commercial real estate uses that can accommodate both office operations and light laboratory or related support functions.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$124k
Tax billed · 2022
Assessed value$12.78M
Assessed land$6.34M
Assessed improvement$6.44M
Effective rate0.97%

Value estimate

· Sep 2026
$4.38M
$3.94M – $4.81M
Submarket $/SF estimate$3.59M
NOI build-up
Gross scheduled income$139k
Vacancy & credit loss−$18k
Operating expenses−$30k
NOI · 347,115.38% cap applied$90k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$604/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$273 – $1,016

Cap rate analysis

How does the asset earn?
347,115.38%
$90k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-AC, OP, CB, LI
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon15.8
Nail Salon13.5
Restaurant13.2

Location

11812 North Creek Pkwy N Bothell, WA 98011
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18704 Bothell NE, Bothell, WA 98011-1976 $5,239,752 Dec 2025 12,970 SF
11804 Crk S, Bothell, WA 98011-8801 $62,100,000 Jan 2021 25,440 SF
18804 Crk, Bothell, WA 98011-8024 $62,100,000 Jan 2021 23,654 SF
18706 Crk, Bothell, WA 98011-8020 $62,100,000 Jan 2021 19,326 SF
18916 Crk, Bothell, WA 98011-8017 $62,100,000 Jan 2021 16,596 SF
19807 Crk, Bothell, WA 98011-8214 $17,382,058 Apr 2019 54,353 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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