Entity Owned
No photos on file
For Lease
$5,803/Mo
13033 70Th Pl, Kirkland, WA 98033
View Listing →
Property summary
AI-generated overview
The property is retail space located within Modera Bridle Trails, a 391-unit residential development in Kirkland, Washington. It is positioned approximately 10 miles east of Downtown Seattle, between the areas of downtown Kirkland, Redmond, Bellevue, and Overlake. The retail space footprint is 2,211 square feet and is part of a mixed-use building planned for opening in summer 2026.
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,926 SF
Lot
2.91 ac (126,640 SF)
Zoning code
BCX
APN
124150-0285
UPID
US90-1552402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub
-
Gym & Fitness Center
-
Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$26.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.25M
Owner & transaction history
since 2024
Last sale
$26.3M
5 recorded transactions
Zoning & alternative use
BCX · Kirkland, WA
Zoning description
(BN, BNA, FHNC, BC 1, BC 2, BCX, HENC 1, HENC 3) Search Within This This chapter is included in your selections. Sections: 35.05 User Guide. 35.05.010 Applicable Zones. 35.05.020 Common Code References. 35.10 General Reg…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$26.25M
Value range
$23.63M – $28.88M
±10% around blend
Estimated value / SF
$731 / SF
Confidence
Property data
88
Comparable evidence
60
Income certainty
100
$23.63M
blend $26.25M
$28.88M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
35,926 SF
Lot area
2.91 ac
Year built
1957
Stories
1
APN
124150-0285
Assessed value
$5,088,400
Annual tax
$60,086
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$60,086
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$26.25M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$368k
Move the market yield to see immediate price impact.
Value / SF
$10
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$23k
$464k
$331k
$258k
$26k
$515k
$368k
$286k
$28k
$567k
$405k
$315k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$60,086
Tax year 2024
Assessed value
$5,088,400
Assessed 2023
Previous assessed
$5,088,400
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$4,052,400
Assessed improvement
$1,036,000
Land market value
$4,052,400
Improvement market value
$1,036,000
Total market value
$5,088,400
Applied tax rate
1,701.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bowling alleys
Use group
BOWLING ALLEY
Status
For Lease
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
35,926 SF
Lot
2.91 ac (126,640 SF)
Zoning code
BCX
APN
124150-0285
UPID
US90-1552402
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BCX · Kirkland, WAZoning BCX · permitted uses
BCX · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
(BN, BNA, FHNC, BC 1, BC 2, BCX, HENC 1, HENC 3) Search Within This This chapter is included in your selections. Sections: 35.05 User Guide. 35.05.010 Applicable Zones. 35.05.020 Common Code References. 35.10 General Reg…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
2.91 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BCX
COMMERCIAL
Jurisdiction
Kirkland, WA
Recorded code
BCX
Official district
BCX
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BCX in Kirkland, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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