Financial
Distress signals
Property profile

18023 62nd NE Ave Kenmore, WA 98028

OFF-MARKET
Office buildings
Property ID
US90-3123563
1,010 SF 0.18 ac lot Built 1945
Last sale May 2003 · $229,500
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years.
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Property summary

AI-generated overview

This two-story commercial property comprises 1,504 square feet total, including 807 square feet on the entry level and 697 square feet in a daylight basement. The most recent use was as a residential home office. The building is situated on a 7,750 square foot lot and has views of Lake Washington. The property is zoned Commercial Business - West (CB), which allows uses including residential, office, personal services, mixed-use development, family child-care and day care, retail sales, and food

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value$418k
Assessed land$310k
Assessed improvement$108k
Effective rate0.97%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$604/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$273 – $1,016

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?
CB
The purpose of the community business zone (CB) is to provide retail and personal services for local service areas which exceed the daily...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.8
Hair Salon15.3
Auto Parts Store12.1

Location

18023 62nd NE Ave Kenmore, WA 98028-8933
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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