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Property profile & analytics
OFF-MARKET Estimated value $1,645,000
Warehouses

23015 8th St Sammamish, WA 98074

7,015 SF 4.95 ac lot Built 1999
Individually Owned 14-yr Hold Free & Clear
Property ID
US90-3251242
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,015 SF
Lot 4.95 ac (215,622 SF)
Zoning code O
APN 342506-9020
UPID US90-3251242
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
$2.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.65M
Owner & transaction history
Public Storage · 14 yrs held
Public Storage
since 2012
6 recorded transactions
2012
Price N/A
2004
$7,500
1998
$485,150
1997
$945,000
1993
Price N/A
1969
Price N/A
Zoning & alternative use
O · Sammamish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. The purpose of the office (O) zone is to provide for pedestrian and transit-oriented high-density employment uses together with limited complementary retail and urban density residential development in locations within activity centers where the full range of commercial activities is not desirable. These purposes are accomplished by: a. Allowing for uses…

Zone name Office
General category COMMERCIAL
Zone area 12.17 ac
Source sammamish udc 13september2024
Top alternative use upside
Industrial (general) $2.7M +32.9%
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