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Property profile & analytics
OFF-MARKET Estimated value $815,000
Office Spaces

2448 76th SE Ave Mercer Island, WA 98040-2781

4,687 SF 0.97 ac lot Built 1978
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US90-1736659
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,687 SF
Lot 0.97 ac (42,245 SF)
Zoning code TC
APN 531510-1485
UPID US90-1736659
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
  • Compass Technology USA, Inc Consultant
  • Mercer Island Family Eye Care Physician
  • Mercer Island Veterinary Clinic Veterinary Clinic
  • eVenues : Flexible Meeting Space Event Planning Wedding Service
  • Seattle Line Communications Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$940k
Blend (final) Blend
$815k
Owner & transaction history
Mercer Island Commercial LLC · 21 yrs held
Mercer Island Commercial LLC
since 2005
7 recorded transactions
2021
Price N/A
2019
Price N/A
2017
Price N/A
2007
Price N/A
2005
$5.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TC · Mercer Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

19.04.030 Town Center district - TC. Repealed by Ord. 02C-04. (Ord. 99C-13 § 1). 19.04.040 Parking requirements. A. The following parking requirements apply to all uses in the C-O and B zones and to all nonresidential uses in the PBZ zone. B. General Requirements. 1. Surfacing and Grading. All off-street parking areas shall be graded and surfaced to a standa…

Zone name Town Center
General category UNKNOWN
Zone area 77.74 ac
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