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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Retail space
16507 140th NE Pl Woodinville, WA 98072-9050
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0789120
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD
Total area
1,806 SF
Lot
5 ac (217,800 SF)
Zoning code
A10
APN
152605-9028
UPID
US90-0789120
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
-
Lyly Nana, Brierwood Realty Real Estate Agency
-
... Real Estate Agency
-
Fair Auto Repair Auto Repair Shop
-
At the Vineyard Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.51M
Owner & transaction history
Vincent Wong · 3 yrs held
Vincent Wong
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
A10 · Woodinville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$920,000
+30.0%
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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$1,630,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$920,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.50M (Jan 10 2023)
Last sale anchor
$1.50M
Jan 10 2023
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
$833 / 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
$31,169
Tax year 2022
Assessed value
$1,707,900
Assessed 2022
Previous assessed
$1,707,900
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,415,700
Assessed improvement
$292,200
Land market value
$1,415,700
Improvement market value
$292,200
Total market value
$1,707,900
Applied tax rate
7,570.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
1,806 SF
Lot
5 ac (217,800 SF)
Zoning code
A10
APN
152605-9028
UPID
US90-0789120
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
A10 · Woodinville, WA
Zoning A10 · permitted uses
A10 · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$920,000
COMMERCIAL (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
1930
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
3
Lot
5 ac
Current owner
From public records · entity-resolved
Vincent Wong
Individual
Mailing address
925 PARK RD, BEAUX ARTS, WA 98004-4016
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
$1,499,900
Vincent Wong
Capital Financial LLC
Quit Claim Deed
related
—
Jan 22, 2021
—
New Properties LLC
Icarus Holding LLC
Quit Claim Deed
related
—
Aug 24, 2018
—
Icarus Holding LLC
—
Deed
related
$400,000 · Curtis Albert L (es)
Jun 21, 2016
$1,500,000
Icarus Holding LLC
Belarde Holdings LLC
Grant Deed
—
Aug 8, 2012
—
Belardeholdings LLC
Belarde,john J
Quit Claim Deed
related
—
Dec 10, 2009
$1,200,000
John J Belarde
Chekoan Investments LLC
Warranty Deed
$850,000 · Chekoan Investments LLC
Dec 10, 2009
—
John J Belarde
Belarde,rosemary
Quit Claim Deed
related
—
May 25, 2006
—
Adriana J Hanssen
Hanssen,herman H
Quit Claim Deed
related
—
Aug 18, 2005
—
Chekoan Investments LLC
Kirshner
Quit Claim Deed
related
—
Dec 29, 1993
—
LP Kirshner
Kirshner,michael
Quit Claim Deed
related
—
Feb 22, 1989
$550,000
Michael Kirshner
Elliot,james W&j
Grant Deed
—
—
—
Michael A Kirshner
—
Deed Of Trust
related
$150,000 · Towne Bank
—
—
Mike Kirshner
—
Deed Of Trust
related
$150,000 · Towne Bk
—
—
Icarus Holding LLC
—
Deed Of Trust
related
$400,000 · Curtis Albert L (es)
—
—
Chekoan Investments LLC
—
Deed Of Trust
related
—
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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