18816 Un Hl Rd Redmond, WA 98053
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
I · Redmond, WAi. 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 impact in the event of a pipeline failure include but are not limited to: i. Site and building design techniques, such as maximizing the distance between new or expanded development and anticipated flow paths for leaking hazardous materials and controlling ignition sources. ii. Emergency procedures, such as emergency plans and guides, employee training and drills, and education programs for occupants and employees concerning pipeline safety, such as what to be aware of and how to respond in the event of a problem. Ch. 21.04 Land Uses and General Provisions Draft 2.1 - for adoption Page 49 of 86 A. Applicants shall consult with the Fire Department regarding the level of emergency planning and procedures appropriate for the proposed development. Based on the nature, occupancy, or location of a proposed development, the Fire Department may require emergency plans and procedures for any occupancy classifications. B. Emergency plans and procedures shall be consistent with the Redmond Fire Code and shall be approved by the Fire Department. 3. Location. All land use permits issued for properties that are contiguous to a hazardous liquid pipeline corridor shall be conditioned upon notification of utilities through the one-call locator service prior to commencement of any of the permitted work. 21.04.2160. Hazardous Waste Treatment and Storage A. Measures shall be taken in the construction of structures, design of storage areas, and design of delivery areas to prevent release of materials including those resulting from a “worst case” accident and including consideration of large storms where areas are not covered. B. Hazardous materials shall not cause fumes, unpleasant odors, or harm to others in the course of normal handling. This shall not preclude the handling of materials with the use of approved filters, hoods, scrubbers, or other methods of removing odors or harm. C. Outdoor storage requires Technical Committee approval and shall be confined to outbuildings, sheds, and other structures where leakage confinement or spill treatment can be reasonably handled and where exposure to the elements does not increase the possibility of a spill incident. D.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.