Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2630 77Th Ave SE Mercer Island, WA 98040

FOR LEASE
Other investment properties
Property ID
US90-0851292
166,212 SF 0.45 ac lot Built 2008
Last sale Apr 2016 · $96,830,667
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space with approximately 770 square feet of interior area, configured for retail use and designed to be leased on a triple-net (NNN) basis. The space is part of a commercial center with co-tenants including Heritage Wealth Advisors and Mercy Vet Clinic.

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?
$451k
Tax billed · 2022
Assessed value$73.53M
Assessed land$4.35M
Assessed improvement$69.18M
Effective rate0.61%

Value estimate

· Oct 2026
$44.32M
$39.88M – $48.75M
CAP approach$42.72M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$650
Operating expenses−$6k
NOI · 36,247.37% cap applied$14k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
36,247.37%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TC
To implement the land use policies of the Mercer Island comprehensive plan for the area referred to as the Town Center.
General categoryUNKNOWN
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store11.3
Laundry Service10.4
Grocery Store10.1

Location

2630 77Th Ave SE Mercer Island, WA 98040
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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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