Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    13005 70th Pl Kirkland, WA 98033-8630

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13005 70th Pl Kirkland, WA 98033-8630

    View on Map
    • Grocery and convenience stores
    • 2,584 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Feb 5, 2025
    $2,000,000
    Property ID
    US90-1141027
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pagliacci Pizza / Restaurant

    Property Details for 13005 70th Pl

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    2,584 SF
    Zone code
    BCX
    Property type
    Grocery and convenience stores
    APN
    124150-0277
    APU
    1241500277

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kirkland
    County
    King
    State
    Washington
    Longitude
    -122.166
    Latitude
    47.6671
    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
    2024
    $9,640
    $362,500
    $579,700
    $942,200
    -
    $362,500
    $579,700
    $942,200

    Comparable in this City

    • Value Estimation by Request
      1,480 SF

      10801 68th St

      CONVENIENCE STORE • 1,480 SF
      10801 68th St, Kirkland, WA 98033-7100
      View Details
    • Value Estimation
      $595,000
      3,138 SF

      6402 Lk Washington NE Blvd

      CONVENIENCE STORE • 3,138 SF
      6402 Lk Washington NE Blvd, Kirkland, WA 98033-6818
      View Details
    • Value Estimation by Request
      17,530 SF

      10702 68th St

      GROCERY, SUPERMARKET • 17,530 SF
      10702 68th St, Kirkland, WA 98033-7030
      View Details
    • Value Estimation by Request
      875 SF

      11848 85th St

      CONVENIENCE STORE • 875 SF
      11848 85th St, Kirkland, WA 98033-8041
      View Details
    • Value Estimation
      $740,000
      2,911 SF

      12607 85th St

      CONVENIENCE STORE • 2,911 SF
      12607 85th St, Kirkland, WA 98033-8046
      View Details
    • Value Estimation
      $7,225,000
      56,391 SF

      10605 68th St

      GROCERY, SUPERMARKET • 56,391 SF
      10605 68th St, Kirkland, WA 98033-7060
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,145 SF

      Turn-Key Sports Bar Opportunity

      Fully operational sports bar in Kirkland's busy commercial corridor.
      14417 124Th Ave NE, Kirkland, WA 98033
      View Details
    • $11,000,000

      Office Building with Prominent Signage

      Office building with high visibility and ample parking.
      11109 Slater Ave NE, Kirkland, WA 98033
      View Details
    • Contact for pricing
      6,000 SF

      Kirkland Development Opportunity For Sale

      Rare Kirkland development opportunity near transit with flexible zoning.
      1003 7Th Ave, Kirkland, WA 98033
      View Details
    • $7,500,000

      Kirkland Retail Building with Renovation

      Downtown Kirkland retail building featuring recent renovations and historic charm.
      116 Central Way, Kirkland, WA 98033
      View Details
    • $2,100,000
      3,700 SF

      Medical Commercial Condominium Opportunity

      Medical commercial condominium for sale, suitable for owner/user or investment.
      11415 Slater Ave NE, Kirkland, WA 98033
      View Details
    • $4,250,000

      Kirkland Multifamily Property Near Marsh Park

      Six-unit property near downtown Kirkland with lake and mountain views.
      10150 64Th St, Kirkland, WA 98033
      View Details

    Similar Nearby for Lease

    • $55 SF/Yr
      4,090 SF

      Kirkland Retail Space For Rent

      Newly renovated retail space near Kirkland amenities and transit.
      123 Lake St S, Kirkland, WA 98033
      View Details
    • Contact for pricing
      1,658 SF

      Retail Space in Kirkland, WA

      Retail space available in upcoming residential project in Kirkland.
      13033 NE 70Th Pl, Kirkland, WA 98033
      View Details
    • Contact for pricing
      1,618 SF

      Downtown Kirkland Retail Space Available

      Retail space for lease in downtown Kirkland's mixed-use property.
      111-117 Lake St South, Kirkland, WA 98033
      View Details
    • Contact for pricing
      3,200 SF

      Kirkland Retail with Drive-Thru

      Retail space with drive-thru and high traffic visibility.
      12801 NE 85Th St, Kirkland, WA 98033
      View Details
    • $55 SF/Yr
      1,830 SF

      Kirkland Retail Space Available

      Retail space available for lease in Kirkland, Washington.
      140 Lake St S, Kirkland, WA 98033
      View Details
    • Contact for pricing
      2,995 SF

      Retail Space for Lease

      Retail spaces suitable for bakery, coffee shop, or restaurant.
      177 Central Way, Kirkland, WA 98033
      View Details

    Property Visit Statistics

    • Visits by month
      6.5k
    • Visitors by month
      3.7k
    • Avg Time on site
      30 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13005 70th Pl
    Kirkland, WA 98033-8630
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    13005 70th Pl, Kirkland, WA, 98033

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!