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Property profile & analytics
OFF-MARKET
Warehouses
12509 130th NE Ln, Kirkland, WA 98034-7713
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0931283
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,114 SF
Lot
1.31 ac (56,860 SF)
Zoning code
TL 9A
APN
866335-0070
UPID
US90-0931283
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
-
Best Contractors Insurance & Bonds Insurance Agency
-
Ideal Diet Kirkland Physician
-
seattle contractors insurance Insurance Agency
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
Nwb Totem Valley LLC · 4 yrs held
Nwb Totem Valley LLC
since 2022
Last sale
$40.0M
5 recorded transactions
Zoning & alternative use
TL 9A · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$39,981
Tax year 2022
Assessed value
$4,650,800
Assessed 2022
Previous assessed
$4,650,800
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$1,478,300
Assessed improvement
$3,172,500
Land market value
$1,478,300
Improvement market value
$3,172,500
Total market value
$4,650,800
Applied tax rate
1,743.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
19,114 SF
Lot
1.31 ac (56,860 SF)
Zoning code
TL 9A
APN
866335-0070
UPID
US90-0931283
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TL 9A · Kirkland, WA
Zoning TL 9A · permitted uses
TL 9A · 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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Nwb Totem Valley LLC
Entity
Mailing address
10230 NE PTS DR STE #410, KIRKLAND, WA 98033-7897
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
—
Nwb Totem Valley LLC
—
Deed
related
$27,000,000 · Nationwide Life And Annuity Insurance Co
Apr 26, 2022
$40,000,000
Nwb Totem Valley LLC
Totem Valley Center LLC
Warranty Deed
—
Jan 31, 2003
—
Totem Valley LLC
Auburn Glen Associates LLC
Quit Claim Deed
related
—
Jul 15, 1999
$7,500,220
Glenborough Properties LP
Prudential-bache/equitec Real
Quit Claim Deed
related
—
—
—
Totem Valley LLC
—
Deed Of Trust
related
$7,800,000 · Ubs Real Estate Securities INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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