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Property profile & analytics
OFF-MARKET Estimated value $600,000
Warehouses

18816 Un Hl Rd Redmond, WA 98053

5,280 SF 9.12 ac lot Built 1955
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US90-1549103
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Construction STEEL FRAME
Total area 5,280 SF
Lot 9.12 ac (397,131 SF)
Zoning code I
APN 062506-9019
UPID US90-1549103
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
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$372k
Blend (final) Blend
$600k
Owner & transaction history
Cadman INC · 14 yrs held
Cadman INC
since 2012
3 recorded transactions
2012
Price N/A
2004
$114,580
1996
$13.8M
Zoning & alternative use
I · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

i. Commercial or industrial. ii. Multifamily. iii. Religious facilities. iv. High consequence land uses proposed for locations not covered by subsection E.1.a of this section. v. Other developments, as required by the Administrator, that because of proximity to a corridor pose a safety concern. b. Mitigation measures intended to reduce risk and minimize impa…

Zone name Industrial
General category INDUSTRIAL
Zone area 78.99 ac
Source Zoning Code | Redmond, WA
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