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Financial
Distress signals
Property profile

2835 82nd SE Ave Mercer Island, WA 98040

OFF-MARKET
Office buildings
Property ID
US90-0805094
23,408 SF 0.4 ac lot Built 1984
Last sale Jun 2003 · $3,921,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A executive office suite, totaling 1,975 square feet, is available for lease in the desirable Mercer Island, Washington location. Situated on a 0.4-acre lot at 2835 SE 82nd Avenue, zip code 98040, this single-tenant property offers ample space for a discerning business. Built in 1985, the building boasts modern amenities and is conveniently located in King County. The entire 1,975 square feet is currently vacant, providing immediate occupancy for a new tenant. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$30k
Tax billed · 2022
Assessed value$4.88M
Assessed land$1.34M
Assessed improvement$3.54M
Effective rate0.61%

Value estimate

· Oct 2026
$3.64M
$3.27M – $4.00M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$377/SF
County average, outlier-cleaned · 676 recorded sales of this use type
Observed band · Q1–Q3$219 – $623

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?
B
Doing Business Bids & RFPs Business Licenses Mercer Island Chamber of Commerce Permits Taxes Community Development Building & Inspections...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.9
Clothing Store13.7
Grocery Store11.8

Location

2835 82nd SE Ave Mercer Island, WA 98040-3055
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

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3003 77th SE, Mercer Island, WA 98040-2837 $114,095,000 Apr 2022 155,200 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
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