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Property profile & analytics
OFF-MARKET
Estimated value
$6,220,000
Industrial properties
15203 95th St, Redmond, WA 98052-2562
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1107587
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,616 SF
Lot
1.49 ac (64,927 SF)
Zoning code
MP
APN
943050-0152
UPID
US90-1107587
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
-
Larry Haight's Residential Roofing Company, Inc. Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.07M
Blend (final)
Blend
$6.22M
Owner & transaction history
Willows Park Holding LLC · 4 yrs held
Willows Park Holding LLC
since 2021
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
MP · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.5M
+20.4%
Medical building
$8.1M
+3.6%
Retail stores
$8.1M
+2.9%
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
Method
Estimation
Statistic approach
$6,570,000
ML approach
$6,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,860,000
Current use
AUTO REPAIR, GARAGE
$9,465,000
Change: +20% · Conversion: Easy
MEDICAL BUILDING
$8,145,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$8,085,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$7,145,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$6.22M
Range $5.60M – $6.84M · ±10% · vs last sale $6.10M (Nov 22 2021)
Last sale anchor
$6.10M
Nov 22 2021
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
$302 / 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
$31,207
Tax year 2022
Assessed value
$4,249,200
Assessed 2022
Previous assessed
$4,249,200
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,246,300
Assessed improvement
$1,002,900
Land market value
$3,246,300
Improvement market value
$1,002,900
Total market value
$4,249,200
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
20,616 SF
Lot
1.49 ac (64,927 SF)
Zoning code
MP
APN
943050-0152
UPID
US90-1107587
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$9.5M
MEDICAL BUILDING
Est. value
$8.1M
RETAIL STORES
Est. value
$8.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Willows Park Holding LLC
Entity
Mailing address
PO BOX 5003, BELLEVUE, WA 98009-5003
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Willows Park Holding LLC
—
Deed
related
$9,350,000 · Riversource Life Insurance Co
Nov 22, 2021
—
Willows Park Holding LLC
D&h Investments
Quit Claim Deed
related
$9,350,000 · Riversource Life Insurance Co
May 30, 2017
—
1000 First Avenue South Ptshp
—
Grant Deed
related
$3,000,000 · Miscellaneous Ins Co
Dec 22, 2011
—
1000 First Avenue South Ptshp
—
Deed Of Trust
related
$6,500,000 · Sun Life Assurance Co
May 17, 2006
—
Albert B Lebenzon
Albert B Lebenzon Md INC Ps
Quit Claim Deed
related
—
Oct 31, 1996
$6,100,000
D Investments
Sierra Capital Corporate Advis
Grant Deed
—
—
—
1000 First Avenue South Ptshp
—
Deed Of Trust
related
$3,500 · Sun Life Assurance Co Canada
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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