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Financial
Distress signals
Property profile

16440 85th St Redmond, WA 98052

OFF-MARKET
Office buildings
Property ID
US90-0841328
2,200 SF 0.5 ac lot Built 1948
Last sale Aug 1996 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 16440 NE 85th Street in Redmond consists of 21,750 square feet of land and includes a medical office of approximately 2,200 square feet along with two storage buildings totaling approximately 1,800 square feet, supported by ample on-site parking. The site is zoned Downtown Edge (DE), which allows a mix of commercial and residential uses, with a base maximum height of 45 feet prior to any incentive-based increases. It is located approximately 0.2 miles from the Redmond Transit…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$25k
Tax billed · 2022
Assessed value$3.37M
Assessed land$3.37M
Assessed improvement$1k
Effective rate0.73%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$285k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$964/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$321 – $1,506

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
EH
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.5
Pet Grooming Service9.3
Florist9.0

Location

16440 85th St Redmond, WA 98052-3613
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7730 Leary NE, Redmond, WA 98052-4339 $1,975,000 Nov 2023 5,264 SF
8015 165th NE, Redmond, WA 98052-3936 $1,150,000 Jan 2022 2,080 SF
9150 Willows NE, Redmond, WA 98052-6590 $6,300,000 Dec 2021 1,008 SF
17595 70th, Redmond, WA 98052-4916 $2,200,000 Sep 2021 5,600 SF
15935 Redmond, Redmond, WA 98052-3836 $90,500 May 2021 1,720 SF
16979 Redmond, Redmond, WA 98052-4448 $1,750,000 Mar 2021 3,080 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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