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Property profile & analytics
FOR LEASE
Manufacturing properties
20250 144Th Ave NE, Woodinville, WA 98072
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1509956
For Lease
1 / 12
$11 SF/Yr
20250 144Th Ave NE, Woodinville, WA 98072
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Property summary
AI-generated overview
This exceptional Woodinville property, built in 2001, offers a unique blend of executive office and warehouse space, ideal for a variety of businesses. Located at 20250 144th Ave NE, 98072, this single, two-story building comprises 56,319 square feet, with 15,703 square feet currently vacant. The space is divisible down to 104 square feet, offering flexibility for smaller tenants, while larger contiguous spaces of up to 3,132 square feet are also available for lease. The property features a convenient 8'4" ceiling height and two dock-high doors, catering to both office and warehouse needs. Ample free surface parking is provided, with one stall allocated per office. Shared amenities include a kitchenette, two conference rooms, a breakroom, and private restrooms, enhancing the overall workspace experience. The property is zoned I (Industrial) and is situated in the vibrant Woodinville, WA area. This is a rare opportunity to secure high-quality, versatile commercial space in a desirable location. Contact us today to learn more about leasing options and explore the possibilities this property offers your business.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
WOOD
Total area
56,554 SF
Lot
0.9 ac (39,176 SF)
Zoning code
I
APN
032605-9128
UPID
US90-1509956
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
-
Possinger Law Group, PLLC Law Firm
-
Scada & Controls Engineering, Inc. Production Facility
-
Pluto Home Services General Contractor
-
Symmetry Electronics Inc Electronics & Wireless Store
-
PWC Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.97M
CAP Approach
CAP
$8.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.01M
Owner & transaction history
Stone Ridge Woodinville LLC · 5 yrs held
Stone Ridge Woodinville LLC
since 2021
Last sale
$13.1M
6 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
$14,115,000
ML approach
$9,965,000
CAP Approach
CAP Return
Estimation
6%
$9,480,000
6.5%
$8,750,000
7%
$8,125,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$21,570,000
Current use
OFFICE BUILDING
$21,320,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$19,605,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$13.01M
Range $11.71M – $14.31M · ±10% · vs last sale $13.10M (Mar 16 2021)
Last sale anchor
$13.10M
Mar 16 2021
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
$230 / 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
$90,815
Tax year 2022
Assessed value
$10,192,000
Assessed 2022
Previous assessed
$10,192,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$665,900
Assessed improvement
$9,526,100
Land market value
$665,900
Improvement market value
$9,526,100
Total market value
$10,192,000
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
2001
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
56,554 SF
Lot
0.9 ac (39,176 SF)
Zoning code
I
APN
032605-9128
UPID
US90-1509956
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$21.6M
OFFICE BUILDING
Est. value
$21.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.6M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Stone Ridge Woodinville LLC
Entity
Mailing address
15 LK BELLEVUE DR STE #102, BELLEVUE, WA 98005-2485
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2021
$13,100,000
Stone Ridge Woodinville LLC
Viewridge Development LLC
Warranty Deed
$7,850,000 · Ubs Bank USA
May 16, 2012
—
Viewridge Dev LLC
—
Deed Of Trust
related
$5,600,000 · Banner Bank
Aug 16, 2000
—
Viewridge Development LLC
—
Grant Deed
related
$3,500,000 · Frontier Bank
Oct 15, 1993
$150,000
Charlotte Huse
Drenkel,shirley
Grant Deed
—
Jul 30, 1992
—
Drenkel,shirley
Drenkel,maurice
Grant Deed
related
—
—
—
Viewridge Development LLC
—
Deed Of Trust
related
$4,500,000 · Frontier Bank
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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