New search
Property profile & analytics
FOR LEASE
Manufacturing properties
18715 141St Ave NE, Woodinville, WA 98072
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0784638
For Lease
1 / 2
$9,690,000
18715 141St Ave NE, Woodinville, WA 98072
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,069 SF
Lot
2.36 ac (102,853 SF)
Zoning code
I
APN
956075-0030
UPID
US90-0784638
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
-
Blue Fish AI Fishing Club
-
Flow Control Industries, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.24M
CAP Approach
CAP
$7.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.69M
Owner & transaction history
Lift II 141 18715 LLC · 5 yrs held
Lift II 141 18715 LLC
since 2020
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
I · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
Method
Estimation
Statistic approach
$11,165,000
ML approach
$10,240,000
CAP Approach
CAP Return
Estimation
6%
$8,055,000
6.5%
$7,440,000
7%
$6,905,000
Blend value · Realmo final
$9.69M
Range $8.72M – $10.66M · ±10% · vs last sale $9.80M (Dec 8 2020)
Last sale anchor
$9.80M
Dec 8 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$202 / 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
$87,115
Tax year 2022
Assessed value
$9,613,800
Assessed 2022
Previous assessed
$9,613,800
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,748,500
Assessed improvement
$7,865,300
Land market value
$1,748,500
Improvement market value
$7,865,300
Total market value
$9,613,800
Applied tax rate
2,505.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
48,069 SF
Lot
2.36 ac (102,853 SF)
Zoning code
I
APN
956075-0030
UPID
US90-0784638
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I · Woodinville, WA
Zoning I · permitted uses
I · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Lift II 141 18715 LLC
Entity
Mailing address
180 SUTTER ST #400, SAN FRANCISCO, CA 94104-4007
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Lift II 141st 18715 LLC
—
Deed
related
$38,500,000 · Rga Reinsurance Company
Mar 18, 2021
—
Lift II 141st 18715 LLC
—
Deed
related
$35,500,000 · Duration Holding Company Vii LLC
Dec 8, 2020
$9,800,000
Lift II 141 18715 LLC
Hs Real Estate LLC
Grant Deed
—
May 15, 2018
—
Hs Real Estate LLC
—
Deed
related
$1,500,000 · Washington Trust Bank
Jan 22, 2014
$3,971,000
Hs Real Estate LLC
Leavitt Wolff Northwest Properties
Bargain And Sale Deed
$3,176,000 · Washington Trust Bank
Mar 23, 2005
—
Abraham Kosokoff
P B Investments
Warranty Deed
—
Mar 23, 2005
$1,523,000
Leavitt-wolff Nw Props LLC
Kosokoff,abraham
Warranty Deed
—
Oct 4, 1996
$2,250,000
Pb Investments LP
Agi Partners #2
Grant Deed
—
Aug 31, 1990
—
Partners No 2 Agi
Avest Developmen
Quit Claim Deed
related
—
—
—
Hs Real Estate LLC
—
Loan Modification
related
$4,880,000 · Washington Tr Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
