Financial
Distress signals
Property profile

1480 Gilman Blvd Issaquah, WA 98027

FOR LEASE
Other commercial real estate
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Property ID
US90-1293260
12,375 SF 1.12 ac lot Built 1984
Last sale Jul 1990 · $15,118
Entity Owned Owner of record is a legal entity (LLC / corporation). 36-yr Hold Held for 36 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space totaling 485 square feet located in Issaquah, Washington. It is configured and suitable for retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$40k
Tax billed · 2024
Assessed value · 2023$4.65M
Assessed land$2.20M
Assessed improvement$2.45M
Effective rate0.86%

Value estimate

· Sep 2026
$2.96M
$2.66M – $3.26M
CAP approach$3.65M
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 460.05% cap applied$10k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$510/SF
County average, outlier-cleaned · 433 recorded sales of this use type
Observed band · Q1–Q3$200 – $973
Qualifying comparables4

Cap rate analysis

How does the asset earn?
460.05%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
UC
Urban Core - UC. 1. This zone intends to provide a dense, vibrant, pedestrian-friendly urban environment. Uses are mixed residential, com...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop8.8
Plumbing Service8.6
Shoe Repair8.6

Location

1480 Gilman Blvd Issaquah, WA 98027
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
240 Gilman, Issaquah, WA 98027-2418 $8,500,000 Oct 2024 18,312 SF
99 Frnt N, Issaquah, WA 98027-3237 $1,749,600 Apr 2021 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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