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Property profile & analytics
OFF-MARKET Estimated value $25,680,000
Office buildings

22011 51st St Issaquah, WA 98029-7298

94,393 SF 4.67 ac lot Built 1987
Entity Owned ~ Est. High Equity
Property ID
US90-1277520
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction CONCRETE
Total area 94,393 SF
Lot 4.67 ac (203,425 SF)
Zoning code MU
APN 212406-9003
UPID US90-1277520
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
$33.80M
Comparable Approach Comparable
$17.67M
Blend (final) Blend
$25.68M
Owner & transaction history
Kbhpnw LLC
Kbhpnw LLC
since 2025
Last sale
$25.6M
7 recorded transactions
2025
$25.6M
2018
$29.0M
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
$10.6M
2015
Price N/A
Zoning & alternative use
MU · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed-Use - MU and Mixed-Use - Central Issaquah. 1. These zones intend to create medium-density, low-intensity retail use areas. Permitted uses include professional offices, personal services, restaurants, and general retail services. Multifamily residential is permitted in this district to promote proximity of jobs to housing and to provide the opportunity…

Zone name Mixed Use
General category MIXED_USE
Zone area 21.47 ac
Source Issaquah Land Use Code
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