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Property profile & analytics
OFF-MARKET
Estimated value
$4,635,000
Manufacturing properties
12413 Willows NE Rd, Kirkland, WA 98034-8766
Entity Owned
13-yr Hold
Free & Clear
Property ID
US90-0450312
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Construction
CONCRETE
Total area
61,077 SF
Lot
2.4 ac (104,523 SF)
Zoning code
TL 7B
APN
272605-9025
UPID
US90-0450312
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
-
Seattle Aero Industrial Manufacturer Production Facility
-
Nabtesco Aerospace Inc Logistics Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.81M
Blend (final)
Blend
$4.64M
Owner & transaction history
Nabtesco Aerospace INC · 13 yrs held
Nabtesco Aerospace INC
since 2012
7 recorded transactions
Zoning & alternative use
TL 7B · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.64M
Range $4.17M – $5.10M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / 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
$114,474
Tax year 2022
Assessed value
$14,429,400
Assessed 2022
Previous assessed
$14,429,400
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$2,926,600
Assessed improvement
$11,502,800
Land market value
$2,926,600
Improvement market value
$11,502,800
Total market value
$14,429,400
Applied tax rate
1,702.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
HEAT PUMP
Stories
3
Total area
61,077 SF
Lot
2.4 ac (104,523 SF)
Zoning code
TL 7B
APN
272605-9025
UPID
US90-0450312
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TL 7B · Kirkland, WA
Zoning TL 7B · permitted uses
TL 7B · 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
1996
Construction
CONCRETE
Heating
HEAT PUMP
Stories
3
Lot
2.4 ac
Current owner
From public records · entity-resolved
Nabtesco Aerospace INC
Entity
Free & Clear · 13 yrs held
Mailing address
12413 WILLOWS RD NE, KIRKLAND, WA 98034-8766
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2012
—
Nabtesco Aerospace INC
Epc Holdings 795 LLC
Warranty Deed
—
Jun 22, 2012
$7,320,000
Epc Holdings 795 LLC
Marymoor Warehouse Assocs LLC
Warranty Deed
—
Mar 25, 2011
$10,250,000
Marymoor Warehouse Assocs LLC
12413-12421 Willows Road Ne Ho
Grant Deed
—
Aug 23, 2010
$11,192,524
Willows Rd Ne Hold 12413-12421
Regional Te Svcs Corp
Trustees Deed
related
—
Aug 1, 2005
$12,375,000
Hjpm Chen Family LLC
Mastro Willows 2 LLC
Grant Deed
$10,375,000 · Mastro Willows 2 LLC
Jun 8, 2004
—
Mastro Willows 2 LLC
—
Deed Of Trust
related
$5,000,000 · Frontier Bank
May 28, 2004
—
Mastro Willows 2 LLC
Willows 124 99 LLC
Quit Claim Deed
related
—
Apr 16, 1997
$5,315,000
Bentall Enterprises LLC
Willows 124 Associates LP
Grant Deed
—
—
—
Marymoor Warehouse Associates
—
Deed Of Trust
related
$4,500,000 · East West 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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