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Property profile & analytics
OFF-MARKET
Office buildings
14500 87th St Redmond, WA 98052-3431
Individually Owned
Free & Clear
Property ID
US90-3304067
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
CONCRETE
Total area
64,751 SF
Lot
3.05 ac (132,928 SF)
Zoning code
MP
APN
928690-0110
UPID
US90-3304067
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
-
WTC Work Telecommunications Service
-
AT&T LTE Redmond Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bbk West Willows Tech Center Owner
Bbk West Willows Tech Center Owner
since 2025
Last sale
$40.0M
7 recorded transactions
Zoning & alternative use
MP · Redmond, 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 Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond 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
—
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
$150,796
Tax year 2022
Assessed value
$20,542,300
Assessed 2022
Previous assessed
$20,542,300
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$6,646,400
Assessed improvement
$13,895,900
Land market value
$6,646,400
Improvement market value
$13,895,900
Total market value
$20,542,300
Applied tax rate
2,025.0000
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
Off-Market
Year built
1995
Construction
CONCRETE
Heating
OTHER
Buildings
2
Stories
2
Total area
64,751 SF
Lot
3.05 ac (132,928 SF)
Zoning code
MP
APN
928690-0110
UPID
US90-3304067
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MP · Redmond, WA
Zoning MP · permitted uses
MP · Redmond, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
CONCRETE
Heating
OTHER
Stories
2
Buildings
2
Lot
3.05 ac
Current owner
From public records · entity-resolved
Bbk West Willows Tech Center Owner
Individual
Free & Clear · 0 yrs held
Mailing address
18818 TELLER AVE STE #277, IRVINE, CA 92612-1612
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Nov 5, 2025
—
Bbk West Willows Tech Center Owner
The Gc Net Lease Redmond Investors
Deed
related
—
Oct 1, 2025
$40,000,000
Bbk West Willows Tech Center Owner
The Gc Net Lease Redmond Investors
Special Warranty Deed
—
May 24, 2017
—
Gc Net Lease Whippany Invtrs
—
Deed
related
$105,600,000 · Miscellaneous Ins Co
Nov 8, 2012
—
Gc Net Lease Redmond Invtrs
—
Deed Of Trust
related
$200,000,000 · Key Bank & Trust
Jan 31, 2012
$40,000,000
Gc Net Lease Redmond Investors
Arden Realty LP
Deed Of Trust
$150,000,000 · Key Bank NA
Aug 21, 2007
$49,000,000
Arden Realty
Carramerica West Willows LLC
Grant Deed
—
Aug 16, 2006
—
Carr Np Properties LLC
—
Deed Of Trust
related
—
Aug 22, 2005
$34,050,000
Carramerica West Willows LLC
Med Willows Associates
Warranty Deed
—
Sep 1, 1995
—
Med Willows Associates
Martin,john M & Tana H
Quit Claim Deed
related
—
—
—
Gc Net Lease Redmond Invtrs
—
Deed Of Trust
related
$105,600,000 · Midland National Life Ins
—
—
Gc Net Lease Whippany Invtrs
—
Loan Modification
related
$105,600,000 · Miscellaneous Ins 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.
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