16455 NE 85Th St, Redmond, WA 98052
- Medical Office Space
- 7,095 SF
- 0.50 lot acres
Current Use by Public Records
- Redmond Art of Dentistry / Dental Office
- Merchant Nadeem DDS / Dental Office
- Higgason Construction / Construction Company
- Bienstock Law, PLLC / Law Firm / Child Welfare Organization
- Dr. Daniel Bickel / Dental Office
Property Details for 16455 NE 85Th St
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Zone code
- EH
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 671970-0160
- APU
- 6719700160
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 28, 2023 | — | Rainier Dragon Property LLC | Bin Huang Shih | Quit Claim Deed · related | — |
| Jul 9, 2018 | $3,500,000 | Shih-bin Huang | Wt Properties LLC | Grant Deed | $1.5M · Wt Properties LLC |
| Jul 9, 2018 | — | Chiung Y Huang | Huang,chung Y | Quit Claim Deed · related | — |
| May 18, 2006 | $2,325,000 | Wt Properties LLC | Maple Building II LLC | Warranty Deed | — |
| — | — | Maple Building II LLC | — | Deed Of Trust · related | $496k · Evergreen Community Dev Assn |
Description
This exceptional office space, located at 16455 NE 85th St in Redmond, WA 98052, offers 7,095 square feet across two stories in a Class D building constructed in 1982. Currently, 376 square feet are vacant, presenting an immediate opportunity for lease. The building is categorized as Executive Office, Medical Office, and Traditional Office space, making it suitable for a variety of businesses. The property sits on a half-acre lot and provides ample parking with 26 spaces. Its prime location near downtown Redmond offers high foot traffic and convenient access to public transportation, including proximity to the upcoming East Link Light Rail station and the Redmond Transit Center. The area boasts strong economic appeal, further enhanced by the presence of major employers like Microsoft in close proximity. This presents a compelling investment opportunity in a high-demand area primed for future growth. The building's multiple tenancy structure allows for flexibility in lease terms and space configurations.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,335,000
- ML approach
- $3,425,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,040,000
Market price range: $1.61M - $4.04M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,805,000 Current use
- COMMERCIAL (GENERAL)
- $5,510,000 Change: +97% Conversion: Easy
- RESTAURANT
- $3,765,000 Change: +34% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,255,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $2,785,000 Change: -1% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $2,705,000 Change: -3% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,460,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- King
- State
- Washington
- Longitude
- -122.121
- Latitude
- 47.6781
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
