Financial
Distress signals
Property profile

12301 120th NE Ave Kirkland, WA 98034

OFF-MARKET
Other commercial real estate
Property ID
US90-1469678
20,081 SF 3.16 ac lot Built 1990
Last sale Apr 2015 · $8,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Totem Hill Plaza is a retail shopping center in Kirkland, Washington, anchored by Fred Meyer. The center is situated near Juanita Bay Park and the Lake Washington waterfront, with access to Interstate 405, and it is within reach of Eastside park and ride transportation hubs. The property is configured to provide off-street parking and offers opportunities for storefront signage along its exterior. The specific available retail space is 910 square feet.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$72k
Tax billed · 2022
Assessed value$8.31M
Assessed land$4.13M
Assessed improvement$4.18M
Effective rate0.86%

Value estimate

· Sep 2026
$4.75M
$4.28M – $5.23M
CAP approach$5.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$510/SF
County average, outlier-cleaned · 433 recorded sales of this use type
Observed band · Q1–Q3$200 – $973

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TL 4B
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.5
Wholesale Shop16.3
Nail Salon16.2

Location

12301 120th NE Ave Kirkland, WA 98034-6909
County assessor Recorded deeds · 7 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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