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Property profile & analytics
OFF-MARKET
Specialty properties
1811 Market St, Kirkland, WA 98033-4947
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-2619560
Property profile
Verified
Property type
Specialty properties
Use group
KENNEL
Year built
1946
Construction
WOOD
Total area
2,850 SF
Lot
0.22 ac (9,430 SF)
Zoning code
RS 7.2
APN
085600-1405
UPID
US90-2619560
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ran Properties LLC · 10 yrs held
Ran Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
RS 7.2 · Kirkland, 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 Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland 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
—
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
$5,597
Tax year 2022
Assessed value
$719,900
Assessed 2022
Previous assessed
$719,900
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$612,900
Assessed improvement
$107,000
Land market value
$612,900
Improvement market value
$107,000
Total market value
$719,900
Applied tax rate
1,701.0000
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
Specialty properties
Use group
KENNEL
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Total area
2,850 SF
Lot
0.22 ac (9,430 SF)
Zoning code
RS 7.2
APN
085600-1405
UPID
US90-2619560
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RS 7.2 · Kirkland, WA
Zoning RS 7.2 · permitted uses
RS 7.2 · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Ran Properties LLC
Entity
Mailing address
1811 MARKET ST, KIRKLAND, WA 98033-4947
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2016
$835,000
Ran Properties LLC
Lucia Iovanovici
Warranty Deed
$624,375 · Mountain Pacific Bank
Sep 14, 2005
—
Cedomir Iovanovici
Iovanovici,lucia
Quit Claim Deed
related
$539,500 · Homefield Financial INC
Oct 11, 2002
$490,000
Lucia Iovanovici
Cottrell,marguerite N
Grant Deed
$392,000 · America's Wholesale Lender
Oct 11, 2002
—
Lucia Iovanocici
Iovanovici,cedomia
Quit Claim Deed
related
—
Aug 31, 2000
$259,400
Marguerite N Cottrell
Metsker,francis L & Linda
Grant Deed
$348,500 · Cit Group Consumer Finance INC
—
—
Marguerite N Cottrell
—
Deed Of Trust
related
$15,000 · Cit Group Consumer Finance INC
—
—
Lucia Iovanovici
—
Deed Of Trust
related
$100,000 · Sound Trustee Corp
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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