New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,935,000
Distribution centers
17622 67th Ct, Redmond, WA 98052-4944
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1745627
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
68,565 SF
Lot
3.61 ac (157,351 SF)
Zoning code
MDD4
APN
519550-0100
UPID
US90-1745627
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
-
Marymoor building Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.94M
Owner & transaction history
Nwb Marymoor Building LLC · 10 yrs held
Nwb Marymoor Building LLC
since 2016
7 recorded transactions
Zoning & alternative use
MDD4 · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$101 / 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
$76,205
Tax year 2022
Assessed value
$10,379,700
Assessed 2022
Previous assessed
$10,379,700
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$7,552,800
Assessed improvement
$2,826,900
Land market value
$7,552,800
Improvement market value
$2,826,900
Total market value
$10,379,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
68,565 SF
Lot
3.61 ac (157,351 SF)
Zoning code
MDD4
APN
519550-0100
UPID
US90-1745627
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MDD4 · Redmond, WA
Zoning MDD4 · permitted uses
MDD4 · 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.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
3.61 ac
Current owner
From public records · entity-resolved
Nwb Marymoor Building LLC
Entity
Free & Clear · 10 yrs held
Mailing address
10230 NE PTS DR STE #410, KIRKLAND, WA 98033-7897
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2016
$9,505,000
Nwb Marymoor Building LLC
Realty Associates Fund Ix LP
Grant Deed
—
Dec 22, 2010
—
Realty Associates Fund Ix LP
Marymoor Warehouse Assocs LLC
Grant Deed
related
—
Dec 1, 2010
$5,225,000
Realty Associates Fund Ix LP
Marymoor Warehouse Assocs LLC
Warranty Deed
—
Jan 7, 2003
—
Ross,tr
Russell,r Est
Quit Claim Deed
related
—
Dec 26, 2002
—
Marymoor Warehouse Assoc LLC
H & A Investments
Quit Claim Deed
related
—
Oct 16, 2002
$52,990
Rosen,tr
Hill,tr
Quit Claim Deed
related
—
Aug 24, 2001
—
Open Thought LLC
Hopkins,sylvia
Quit Claim Deed
related
—
Nov 7, 1994
$3,403,420
Marymoor Warehouse Associates
Bre Properties INC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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