Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,445,000
Warehouses
14124 186th St Woodinville, WA 98072-6841
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1770401
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
21,250 SF
Lot
1.23 ac (53,775 SF)
Zoning code
I
APN
956075-0080
UPID
US90-1770401
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
-
Venetian Stone Works - Manufacturing Facility Building Supply Hardware & Home Improvement
-
Venetian Woodcraft Hardware & Home Improvement Furniture & Home Goods
-
Venetian Stone Works Kitchen & Bath Showroom Hardware & Home Improvement
-
Venetian Woodcraft - Manufacturing Facility Hardware & Home Improvement Furniture & Home Goods
-
Denali Slab Studio Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Nrj Business Park LLC · 10 yrs held
Nrj Business Park LLC
since 2016
7 recorded transactions
Zoning & alternative use
I · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$115 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$42,041
Tax year 2024
Assessed value
$2,579,000
Assessed 2023
Previous assessed
$2,579,000
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$914,100
Assessed improvement
$1,664,900
Land market value
$914,100
Improvement market value
$1,664,900
Total market value
$2,579,000
Applied tax rate
2,505.0000
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
1998
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
21,250 SF
Lot
1.23 ac (53,775 SF)
Zoning code
I
APN
956075-0080
UPID
US90-1770401
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I · Woodinville, WA
Zoning I · permitted uses
I · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Nrj Business Park LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 569, REDMOND, WA 98073-0569
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2016
—
Nrj Business Park LLC
Kennedy,craig B & Karen L
Quit Claim Deed
related
—
May 1, 1998
$2,105,846
Craig B Kennedy
Red Bell Development INC
Grant Deed
—
Dec 17, 1996
$525,000
Red Bell Partners
Fox & Associates INC
Grant Deed
$385,000 · First International Bank
Nov 16, 1992
$503,188
Fox & Associates INC
Gibbon,karen L
Grant Deed
—
Sep 11, 1989
$530,930
O Boyle Thomas
Fox
Grant Deed
$467,200 · Seller
—
—
Red Bell Partners
—
Deed Of Trust
related
$2,000,000 · Seattle Mortgage Co
—
—
Craig B Kennedy
—
Deed Of Trust
related
$1,800,000 · Business Men's Assurance Co
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?”
You own 14124 186th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
