Property profile

240 Gilman Blvd Issaquah, WA 98027

OFF-MARKET
Commercial real estate
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Property ID
US90-1432604
18,312 SF 1.59 ac Built 1984
Last sale Feb 1999·$3,050,000
Trust Owned Owner of record is a trust. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail space, located at 240 NW Gilman Blvd in Issaquah, Washington, presents a fantastic opportunity for a discerning business. Part of the Gilman Station complex, this storefront offers 680 square feet of readily available space within a larger 18,312 square foot building. Built in 1989, the two-story building is situated in King County and boasts a convenient multiple-tenancy setup, fostering a vibrant and collaborative atmosphere. The property's address is easily…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value$4.19M
Assessed land$2.77M
Assessed improvement$1.42M
Effective rate0.76%

Value estimate

· Nov 2026
$7.18M
$6.46M – $7.90M
CAP approach$5.41M
Submarket $/SF estimate$6.32M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$510/SF
County average, outlier-cleaned · 433 recorded sales of this use type
Observed band · Q1–Q3$200 – $973
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
Mixed-Use - MU and Mixed-Use - Central Issaquah. 1. These zones intend to create medium-density, low-intensity retail use areas. Permitte...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop8.8
Catering Service8.7
Shoe Repair8.6

Location

240 Gilman Blvd Issaquah, WA 98027-2418
County assessor Recorded deeds · 9 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
99 Frnt N, Issaquah, WA 98027-3237 $1,749,600 Apr 2021 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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