Property profile

1505 Newport NW Way Issaquah, WA 98027

OFF-MARKET
Auto shops
Property ID
US90-1364634
33,680 SF 4 ac lot Built 1981
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 33,680 SF
Lot 4 ac (174,240 SF)
Zoning code UC
APN 292406-9002
UPID US90-1364634

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1505 Newport NW Way Issaquah, WA 98027-8907
Issaquah metro Census 32103 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.46M
Blend (final) Blend
$13.35M

Owner & transaction history

since 2023
Last sale
$14.0M
6 recorded transactions
2025
Price N/A
2023
$14.0M
2023
Price N/A
2023
Price N/A
2020
Price N/A
1994
$41,114

Zoning & alternative use

UC · Issaquah, WA
Zoning description

Urban Core - UC. 1. This zone intends to provide a dense, vibrant, pedestrian-friendly urban environment. Uses are mixed residential, commercial, and office with active first floors that provide pedestrian interest. 2. I…

General category COMMERCIAL
Top alternative use upside
Restaurant $17.9M +15.6%
Commercial (general) $17.2M +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1505 Newport NW Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message