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    Property profile & analytics

    2690 76th SE Ave Mercer Island, WA 98040-2741

    • Retail space
    • 1,896 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Jun 10, 2025
    $265,000
    Location Intelligence
    Property ID
    US90-1234357
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Engel & Völkers - Mercer Island / Real Estate Agency
    • Gottesman Chapin Real Estate / Real Estate Agency
    • Lisa Johnston / Real Estate Agent
    • Mick P Hanson, Real estate advisor at Engel & Völkers / Real Estate Agent
    • Sam Hakim, Brickel Brokers RE / Real Estate Agent

    Property Details for 2690 76th SE Ave

    Year built
    1948
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    1,896 SF
    Zone code
    TC
    Property type
    Retail space
    APN
    531510-1506
    APU
    5315101506

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $340,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $370,000
      Mixed-Use
      $350,000
      Hospitality
      $285,000
      Educational
      $295,000
      Residential Income
      $280,000
      Energy
      $370,000
      Income-Based Land
      $360,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Mercer Island
    County
    King
    State
    Washington
    Longitude
    -122.237
    Latitude
    47.5869
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,466
    $1,766,000
    $1,000
    $1,767,000
    -
    $1,766,000
    $1,000
    $1,767,000

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      8411 68th St

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      8411 68th St, Mercer Island, WA 98040
      View Details
    • Value Estimation
      $875,000
      2,128 SF

      2827 80th SE Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,128 SF
      2827 80th SE Ave, Mercer Island, WA 98040-2913
      View Details
    • Value Estimation by Request
      37,488 SF

      7707 27th St

      RETAIL STORES (PERSONAL SERVICES) • 37,488 SF
      7707 27th St, Mercer Island, WA 98040-2844
      View Details
    • Value Estimation by Request
      7,036 SF

      2750 77th SE Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,036 SF
      2750 77th SE Ave, Mercer Island, WA 98040-2812
      View Details
    • Value Estimation
      $660,000
      1,464 SF

      Mercer Island, WA 98040

      RETAIL STORES (PERSONAL SERVICES) • 1,464 SF
      Mercer Island, WA 98040
      View Details
    • Value Estimation by Request
      9,231 SF

      2825 Mercer Way

      GYM, HEALTH SPA • 9,231 SF
      2825 Mercer Way, Mercer Island, WA 98040-2536
      View Details

    Similar Nearby for Sale

    • $475,000

      Mercer Island Land Opportunity

      Expansive lot near Pioneer Park with preliminary home plans.
      9167 SE 64Th St, Mercer Island, WA 98040
      View Details
    • $1,649,995

      Desirable Lot with Lake Views

      Rare opportunity to build on a nearly half-acre lot.
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    • $325,000
      457 SF

      Mercer Island Studio Apartment

      Light-filled end-unit studio in the heart of Mercer Island.
      2933 76Th Ave SE, Mercer Island, WA 98040
      View Details
    • $4,950,000

      Mercer Island Mixed-Use Development Site

      Prime 0.44-acre site near future light rail.
      3003 Island Crest Way, Mercer Island, WA 98040
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      5,900 SF

      Mercer Island Retail Space Available

      Retail space in busy shopping center with ample parking.
      8451 Southeast 68Th St, Mercer Island, WA 98040
      View Details
    • Contact for pricing
      1,286 SF

      Mercer Island Retail/Restaurant Space

      New mixed-use development with retail/restaurant space in Mercer Island.
      2750 77Th Ave SE, Mercer Island, WA 98040
      View Details
    • $39 SF/Yr
      770 SF

      Mercer Island Retail Space Available

      Retail space available in Mercer Island, Washington.
      2630 77Th Ave SE, Mercer Island, WA 98040
      View Details
    • $37 SF/Yr
      580 SF

      Mercer Island Retail Space Available

      Retail space in open-air center, Downtown Mercer Island.
      7633-7679 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $37 SF/Yr
      3,017 SF

      Mercer Island Retail Spaces Available

      Prime retail space, multiple units, excellent location.
      7633 27Th St, Mercer Island, WA 98040
      View Details
    • $32 SF/Yr
      5,028 SF

      Mercer Island Class A Office

      Class A office space in the heart of Mercer Island.
      2758 78Th Ave SE, Mercer Island, WA 98040
      View Details

    Property Visit Statistics

    • Visits by month
      35.7k
    • Visitors by month
      15.6k
    • Avg Time on site
      17 min
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    Mercer Island, WA 98040-2741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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