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Property profile & analytics
OFF-MARKET Estimated value $5,240,000
Warehouses

18336 Redmond Way Redmond, WA 98052-5012

28,518 SF 4.05 ac lot Built 1985
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US90-0876583
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,518 SF
Lot 4.05 ac (176,420 SF)
Zoning code BP
APN 131830-0065
UPID US90-0876583
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
$5.36M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.24M
Owner & transaction history
Eastlake Business Pk Assocs Ll · 18 yrs held
Eastlake Business Pk Assocs Ll
since 2008
6 recorded transactions
2020
Price N/A
2008
Price N/A
2006
Price N/A
1992
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BP · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• Business Park zone - BP • Manufacturing Park zone - MP • Industry zone - I • Regional Retail Design District - RR • Bear Creek Design District - BCDD1, BCDD2 • Marymoor Design District 3 - Marymoor Core (MMC), Marymoor Edge (MME), Marymoor Manufacturing (MMM) MDD1, MDD2, MDD3, MDD4, MDD5 • Northeast Design District - NDD1, NDD2, NDD3 • Northwest Design Dis…

Zone name Business Park
General category INDUSTRIAL
Zone area 548.82 ac
Source Zoning Code | Redmond, WA
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