Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18080 76th St Redmond, WA 98052-5023

    • Auto shops
    • 11,039 SF
    • 4.61 lot acres
    OFF-MARKET
    Value Estimations
    $3,125,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-0734768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • City of Redmond - Maintenance Operations Center / City Government Office / Parking Lot
    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Redmond City Office / City Government Office
    • Shell Recharge Charging Station / Electric Vehicle Charging Station
    • Redmond Street Maintenance / City Government Office

    Property Details for 18080 76th St

    Year built
    1976
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.61 lot acres
    Property size
    11,039 SF
    Zone code
    MP
    Property type
    Auto shops
    APN
    221295-0100
    APU
    2212950100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $5,070,000
      Current use
      MEDICAL BUILDING
      $4,360,000
      Change: -14% Conversion: Difficult
      RETAIL STORES
      $4,330,000
      Change: -15% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,210,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.099
    Latitude
    47.6727
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $40
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,005,000
      15,906 SF

      6651 Lk Sammamish NE Pkwy

      AUTO REPAIR, GARAGE • 15,906 SF
      6651 Lk Sammamish NE Pkwy, Redmond, WA 98052-6132
      View Details
    • Value Estimation by Request
      7,509 SF

      17950 Redmond Way

      AUTO REPAIR, GARAGE • 7,509 SF
      17950 Redmond Way, Redmond, WA 98052-4906
      View Details
    • Value Estimation
      $7,370,000
      18,018 SF

      7410 185th NE Ave

      AUTO REPAIR, GARAGE • 18,018 SF
      7410 185th NE Ave, Redmond, WA 98052-7053
      View Details
    • Value Estimation
      $13,100,000
      12,000 SF

      17825 65th St

      AUTO REPAIR, GARAGE • 12,000 SF
      17825 65th St, Redmond, WA 98052-4993
      View Details
    • Value Estimation by Request
      4,300 SF

      8004 Avondale NE Rd

      AUTO REPAIR, GARAGE • 4,300 SF
      8004 Avondale NE Rd, Redmond, WA 98052-3314
      View Details
    • Value Estimation by Request
      13,034 SF

      2355 Bel Red Rd

      AUTO REPAIR, GARAGE • 13,034 SF
      2355 Bel Red Rd, Redmond, WA 98052-5545
      View Details

    Similar Nearby for Sale

    • $3,950,000
      5,800 SF

      Redmond Industrial/Retail/Automotive Building For Sale

      Stand-alone building in Marymoor, near future light rail station.
      18080 NE 68Th St, Redmond, WA 98052
      View Details
    • $3,950,000
      5,800 SF

      Redmond Industrial/Retail/Automotive Building For Sale

      Stand-alone building near future light rail station with flexible zoning.
      18080 68Th St, Redmond, WA 98052
      View Details
    • Contact for pricing
      148,673 SF

      Redmond Retail Redevelopment Opportunity

      Large retail property in Redmond, WA, suitable for redevelopment.
      17667 NE 76Th St, Redmond, WA 98052
      View Details
    • Contact for pricing
      7,095 SF

      Redmond Office Building Investment Opportunity

      95% occupied office building near downtown Redmond and upcoming light rail.
      16455 Northeast 85Th St, Redmond, WA 98052
      View Details
    • $6,000,000
      18,000 SF

      Redmond Development Site For Sale

      18,000 SF corner development site in the heart of Redmond.
      8520 164Th Ave NE, Redmond, WA 98052
      View Details
    • $4,750,000
      21,750 SF

      Redmond Land with Development Potential

      21,750 SF property in Downtown Redmond with development potential.
      16440 85Th St, Redmond, WA 98052
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,852 SF

      Redmond Commercial Space with Parking

      Commercial property in Redmond with ample parking spaces available.
      17445 NE 70Th St, Redmond, WA 98052
      View Details
    • $40 SF/Yr
      1,716 SF

      Redmond Retail Space For Rent

      Prime retail or restaurant space available in downtown Redmond.
      15808 Bear Creek Pkwy, Redmond, WA 98052
      View Details
    • Contact for pricing
      1,019 SF

      Downtown Redmond Commercial Space For Rent

      Premier commercial space in the heart of Downtown Redmond.
      16615 Redmond Way NE, Redmond, WA 98052
      View Details
    • Contact for pricing
      946 SF

      Redmond Way Retail Space

      New retail space in high-profile mixed-use project near Downtown Park.
      8020-8058 161St Ave NE, Redmond, WA 98052
      View Details
    • Contact for pricing
      2,535 SF

      Redmond Retail/Restaurant Space Available

      2,535 SF retail or restaurant space with mezzanine.
      16135 NE 85Th St, Redmond, WA 98052
      View Details
    • Contact for pricing
      1,151 SF

      Redmond Office Space with Amenities

      Office space with tenant amenity center near downtown Redmond.
      15241 NE 90Th St, Redmond, WA 98052
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18080 76th St
    Redmond, WA 98052-5023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.