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Property profile & analytics
FOR LEASE
Industrial properties
13209 NE 126Th Pl, Kirkland, WA 98034
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-0206003
For Lease
1 / 2
$24 SF/Yr
13209 NE 126Th Pl, Kirkland, WA 98034
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,866 SF
Lot
2.07 ac (90,037 SF)
Zoning code
TL 7B
APN
272605-9072
UPID
US90-0206003
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
-
4 wheel specialty cars llc Car Dealership
-
Vintage Motorworks Auto Repair Shop
-
Eurotech Bodywerkes Auto Repair Shop
-
mShop Auto Repair Shop
-
Imperial Auto Salon Interior Design Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$608k
Blend (final)
Blend
$760k
Owner & transaction history
Ron Danz Davenport LLC · 8 yrs held
Ron Danz Davenport LLC
since 2018
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
$760k
Range $684k – $836k · ±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
$97 / 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
$68,041
Tax year 2022
Assessed value
$8,183,000
Assessed 2022
Previous assessed
$8,183,000
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$2,430,900
Assessed improvement
$5,752,100
Land market value
$2,430,900
Improvement market value
$5,752,100
Total market value
$8,183,000
Applied tax rate
1,703.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
4
Stories
1
Total area
7,866 SF
Lot
2.07 ac (90,037 SF)
Zoning code
TL 7B
APN
272605-9072
UPID
US90-0206003
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
4
Lot
2.07 ac
Current owner
From public records · entity-resolved
Ron Danz Davenport LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2940 FAIRVIEW AVE E, SEATTLE, WA 98102-3016
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
—
Rd Totem Auto 2018 LLC
—
Deed
related
$6,400,000 · Boeing Employees Cu
Apr 23, 2018
—
Ron Danz Davenport LLC
Fre 633 LLC
Warranty Deed
—
Mar 15, 2018
$7,500,000
Rd Totem Auto 2018 LLC
Layman Joseph S Trust
Warranty Deed
$5,250,000 · Heritage Bk-madison St Clarksv
Jan 2, 2018
—
Layman,joseph S Family Trust
Totem Place LLC
Quit Claim Deed
related
—
Feb 26, 1999
$1,985,000
Totem Place LLC
Waterside Corp
Grant Deed
$1,600,000 · Sterling Savings Bank
Apr 28, 1989
$1,465,000
Waterside Corporation
Benchmark INC
Grant Deed
$102,500 · Seattle-first National Bank
—
—
Totem Place LLC
—
Deed Of Trust
related
$1,800,000 · Riversource Life Insurance
—
—
Totem Place LLC
—
Deed Of Trust
related
$2,000,000 · Archon Financial LP
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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