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Property profile & analytics
FOR LEASE
Office buildings
14401 Issaquah Hobart Rd, Issaquah, WA 98027
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0764241
No photos on file
For Lease
$1,906/Mo
14401 Issaquah Hobart Rd, Issaquah, WA 98027
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
13,052 SF
Lot
1.58 ac (68,782 SF)
Zoning code
NB
APN
222306-9128
UPID
US90-0764241
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Emmas Plat LLC · 3 yrs held
Emmas Plat LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
NB · Issaquah, 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 Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah 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
$775,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $800k (Aug 15 2022)
Last sale anchor
$800k
Aug 15 2022
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
$59 / 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
$57,460
Tax year 2022
Assessed value
$2,733,700
Assessed 2022
Previous assessed
$2,733,700
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$894,100
Assessed improvement
$1,839,600
Land market value
$894,100
Improvement market value
$1,839,600
Total market value
$2,733,700
Applied tax rate
6,981.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1971
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Total area
13,052 SF
Lot
1.58 ac (68,782 SF)
Zoning code
NB
APN
222306-9128
UPID
US90-0764241
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Issaquah, WA
Zoning NB · permitted uses
NB · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
HEAT PUMP
Stories
3
Lot
1.58 ac
Current owner
From public records · entity-resolved
Emmas Plat LLC
Entity
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
—
Emmas Plat LLC
Cgr Phase Two LLC
Quit Claim Deed
related
$1,155,000 · Bismark Mortgage Company LLC
Jun 28, 2022
—
Cgr Phase Two LLC
—
Deed
related
$620,000 · Beach Lane Capital LLC
Feb 18, 2020
—
Emmas Plat LLC
—
Deed
related
$1,850,000 · Harborstone Cu
Feb 7, 2019
—
Emmas Plat LLC
Cgr Phase Two LLC
Quit Claim Deed
related
—
Mar 8, 2017
—
Emmas Plat LLC
—
Deed
related
$75,000 · Northwest Bk
Sep 7, 2016
—
Emmas Plat LLC
—
Deed
related
$1,640,935 · Northwest Bank
Mar 5, 2008
—
Emmas Plat LLC
—
Trustees Deed
related
$100,000 · Pacific Continental Bank
Jul 31, 2006
$800,000
Emmas Plat LLC
Guay,c Paul & Marcella R
Warranty Deed
$650,000 · C Paul & Marcella R Guay
—
—
Emmas Plat LLC
—
Deed Of Trust
related
$1,850,000 · Harborstone Cu
—
—
Emmas Plat LLC
—
Deed Of Trust
related
$75,000 · Northwest Bk
—
—
Emmas Plat LLC
—
Deed Of Trust
related
$1,400,000 · Marine Heights LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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