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Property profile & analytics
OFF-MARKET Estimated value $635,000
Commercial land

22405 62nd St Issaquah, WA 98027-8936

2,220 SF 1.86 ac lot Built 1902
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US90-1880128
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1902
Total area 2,220 SF
Lot 1.86 ac (81,022 SF)
Zoning code MU
APN 212406-9098
UPID US90-1880128
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
$655k
Comparable Approach Comparable
by Request
Blend (final) Blend
$635k
Owner & transaction history
Robert & Jean Reid Family Inv · 23 yrs held
Robert & Jean Reid Family Inv
since 2002
1 recorded transaction
2002
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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