Realmo Analytics

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

Property profile

2750 77Th Ave SE Mercer Island, WA 98040

FOR LEASE
Retail space
Property ID
US90-0796503
7,036 SF 0.46 ac lot Built 1994
Last sale Apr 2017 · $4,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2750 77Th Ave SE, Mercer Island, WA 98040 For Lease
Contact for pricing 998 SF available
2750 77Th Ave SE, Mercer Island, WA 98040
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Property summary

AI-generated overview

The property is a mixed-use development designed by Johnston Architects, comprising 146 residential units along with retail storefront space. The retail portion is configured with high ceilings and a through-block, park-like pedestrian corridor connecting three public plazas that provide expanded outdoor amenity space. The retail storefronts front along 78th Avenue and 77th Avenue in the Mercer Island Town Center area, and the site includes 56 retail customer parking stalls.

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?
$31k
Tax billed · 2022
Assessed value$4.98M
Assessed land$4.02M
Assessed improvement$962k
Effective rate0.61%

Value estimate

· Oct 2026
$2.08M
$1.87M – $2.28M
CAP approach$1.94M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 399 recorded sales of this use type
Observed band · Q1–Q3$181 – $680
Qualifying comparables9

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?
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 Store9.6
Auto Repair Shop9.4
Garden Center9.3

Location

2750 77Th Ave SE Mercer Island, WA 98040
County assessor Recorded deeds · 3 transfers 9 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 · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2690 76th SE, Mercer Island, WA 98040-2741 $265,000 Jun 2025 1,896 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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