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    Property profile & analytics

    12425 116th NE Ave Kirkland, WA 98034-4309

    • Drive through restaurants
    • 3,104 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 15, 2020
    Location Intelligence
    Property ID
    US90-1600070
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Starbucks / Coffee Store / Espresso Bar

    Property Details for 12425 116th NE Ave

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.79 lot acres
    Property size
    3,104 SF
    Zone code
    TL 6B
    Property type
    Drive through restaurants
    APN
    292605-9031
    APU
    2926059031

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kirkland
    County
    King
    State
    Washington
    Longitude
    -122.187
    Latitude
    47.7119
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,327
    $1,202,500
    $724,500
    $1,927,000
    -
    $1,202,500
    $724,500
    $1,927,000

    Comparable in this City

    • Value Estimation by Request
      2,050 SF

      11747 124th NE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,050 SF
      11747 124th NE Ave, Kirkland, WA 98034-8108
      View Details
    • Value Estimation
      $675,000
      0.11 Acres

      Kirkland, WA 98034

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.11 Acres
      Kirkland, WA 98034
      View Details
    • Value Estimation by Request
      2,304 SF

      11624 124th NE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,304 SF
      11624 124th NE Ave, Kirkland, WA 98034-8104
      View Details
    • Value Estimation by Request
      4,526 SF

      12026 124th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,526 SF
      12026 124th St, Kirkland, WA 98034-8280
      View Details
    • Value Estimation by Request
      3,202 SF

      11525 124th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,202 SF
      11525 124th St, Kirkland, WA 98034-4308
      View Details
    • Value Estimation by Request
      4,586 SF

      12514 116th NE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,586 SF
      12514 116th NE Ave, Kirkland, WA 98034-4313
      View Details

    Similar Nearby for Sale

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      Kirkland Turn-Key Sports Bar

      Fully operational sports bar with high ceilings and extensive infrastructure.
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      Four lots ideal for DADUs, cottage housing, or SFRs.
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    Similar Nearby for Lease

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      40,000 SF

      Kirkland Parking/Storage Area Available

      40,000 SF paved and lighted parking/storage area for lease.
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      3,739 SF

      Kirkland Retail Space For Lease

      Ground-floor retail space near Downtown Kirkland, up to 3,739 SF.
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    • $0.50 SF/Yr
      57,146 SF

      Kirkland Secured Storage Yard

      Secured, paved, and lit storage yard for lease in Kirkland.
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      4,800 SF

      Kirkland Retail Space Available

      Retail space available for rent in Kirkland, Washington.
      12217 NE 116Th St, Kirkland, WA 98034
      View Details
    • $1.15 SF/Yr
      1,400 SF

      Kirkland Retail Space Available

      1,400 SF retail space with open layout and parking.
      11961 124Th Ave NE, Kirkland, WA 98034
      View Details

    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      4.8k
    • Avg Time on site
      8 min
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    12425 116th NE Ave
    Kirkland, WA 98034-4309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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