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Property profile & analytics
FOR LEASE
Office buildings
1495 Northwest Gilman Blvd Issaquah, WA 98027
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1083078
For Lease
$3,760,000
1495 Northwest Gilman Blvd, Issaquah, WA 98027
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
12,800 SF
Lot
2.59 ac (112,820 SF)
Zoning code
UV-R
APN
202406-9100
UPID
US90-1083078
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
by Request
CAP Approach
CAP
$4.58M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$3.76M
Owner & transaction history
Rowley Properties INC · 7 yrs held
Rowley Properties INC
since 2019
4 recorded transactions
Zoning & alternative use
UV-R · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+4.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,965,000
6.5%
$4,580,000
7%
$4,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,625,000
Current use
AUTO REPAIR, GARAGE
$5,875,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$5,055,000
Change: -10% · Conversion: Easy
RETAIL STORES
$5,020,000
Change: -11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,880,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.76M
Range $3.38M – $4.14M · ±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
$294 / 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
$46,641
Tax year 2022
Assessed value
$6,150,200
Assessed 2022
Previous assessed
$6,150,200
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$5,076,900
Assessed improvement
$1,073,300
Land market value
$5,076,900
Improvement market value
$1,073,300
Total market value
$6,150,200
Applied tax rate
1,405.0000
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
1979
Construction
WOOD
Heating
OTHER
Buildings
2
Stories
1
Total area
12,800 SF
Lot
2.59 ac (112,820 SF)
Zoning code
UV-R
APN
202406-9100
UPID
US90-1083078
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UV-R · Issaquah, WA
Zoning UV-R · permitted uses
UV-R · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
2
Lot
2.59 ac
Current owner
From public records · entity-resolved
Rowley Properties INC
Entity
Mailing address
1595 NW GILMAN BLVD, ISSAQUAH, WA 98027-5396
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2019
—
Rowley Properties INC
—
Grant Deed
related
$3,941,000 · Wells Fargo Bk
May 29, 2002
—
Rowley Enterprises INC
—
Deed Of Trust
related
$3,500,000 · Pacific National Bank
Sep 21, 1999
—
Rowley Enterprises Incorporate
—
Deed Of Trust
related
$5,540,000 · Bank Of America
—
—
Rowley Properties INC
—
Deed Of Trust
related
$5,000,000 · Wells Fargo Bk
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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