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Property profile & analytics
OFF-MARKET
Hotels
12010 120th NE Pl, Kirkland, WA 98034-8220
Trust Owned
~
Est. High Equity
Property ID
US90-0442104
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1988
Construction
FRAME
Total area
12,201 SF
Lot
1.86 ac (80,860 SF)
Zoning code
TL 4A
APN
282605-9078
UPID
US90-0442104
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
-
Motel 6 Kirkland, WA - North Kirkland Hotel & Motel
-
Kaiser permanent 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
by Request
Owner & transaction history
The Miller Living Trust
The Miller Living Trust
since 2025
Last sale
$15.1M
7 recorded transactions
Zoning & alternative use
TL 4A · 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 2024Property tax & assessments
Tax year 2024
Tax billed
$106,326
Tax year 2024
Assessed value
$11,027,700
Assessed 2023
Previous assessed
$11,027,700
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$2,830,100
Assessed improvement
$8,197,600
Land market value
$2,830,100
Improvement market value
$8,197,600
Total market value
$11,027,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
3
Stories
3
Total area
12,201 SF
Lot
1.86 ac (80,860 SF)
Zoning code
TL 4A
APN
282605-9078
UPID
US90-0442104
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TL 4A · Kirkland, WA
Zoning TL 4A · permitted uses
TL 4A · 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
1988
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
3
Buildings
3
Lot
1.86 ac
Current owner
From public records · entity-resolved
The Miller Living Trust
Trust
Mailing address
15015 MAIN ST STE #203, BELLEVUE, WA 98007-5229
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Miller Living Trust
—
Deed
related
$15,500,000 · Juniper Capital Corporation
Apr 7, 2026
—
Miller Living Trust
—
Deed
related
$5,400,000
Oct 21, 2025
$598,458
The Miller Living Trust
Kirkland 123 LLC
Quitclaim Deed
related
—
Sep 23, 2025
$1,190,000
Kirkland 123 LLC
Kirkland 123 LLC
Quitclaim Deed
related
—
Sep 12, 2025
$1,190,000
Kirkland 123 LLC
Kirkland 123 LLC
Quitclaim Deed
related
$9,625,000 · Guimont Capital LLC
Sep 2, 2025
$15,074,039
Kirkland 123 LLC
Old West 12010 LLC
Bargain & Sale Deed
$9,000,000 · Old West 12010 LLC
Nov 20, 2020
$6,332,052
Old West 12010 LLC
G6 Hospitality Property LLC
Warranty Deed
—
Sep 21, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 17, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Feb 4, 2015
—
G6 Hospitality Property LLC
—
Grant Deed
related
$1,800,000,000 · Jp Morgan Chase Bk
Oct 24, 2012
$8,670,904
G6 Hospitality Property LLC
First Berkshire Properties LLC
Grant Deed
—
Aug 30, 1999
$9,880,000
First Bershire Properties LLC
Motel 6 Operating LP
Grant Deed
related
—
Nov 6, 1989
—
6 Operating L P Motel
State Of Washing
Quit Claim Deed
related
—
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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