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    Property profile & analytics
    OFF-MARKET Estimated value $3,635,000
    Office buildings

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

    23,408 SF 0.4 ac lot Built 1984
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US90-0805094
    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 property includes five convenient parking spaces for employees and clients. This is a rare opportunity to secure a prestigious and well-maintained office space in a highly sought-after location. The property's excellent condition and prime location make it an ideal choice for businesses seeking a professional and efficient workspace. The single-tenant occupancy ensures privacy and control over the entire space. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1984
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 23,408 SF
    Lot 0.4 ac (17,450 SF)
    Zoning code B
    APN 545230-0640
    UPID US90-0805094
    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
    • Lighthouse Properties Property Management Company
    • EQ Wealth Management Financial Advisor
    • Dawn Tope Medical Clinic
    • Pepperwood Holdings Llc Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.64M
    Owner & transaction history
    Horse Heaven Investments LLC · 8 yrs held
    Horse Heaven Investments LLC
    since 2017
    4 recorded transactions
    2017
    2003
    $3.9M
    1999
    $322,500
    1997
    $2.3M
    Zoning & alternative use
    B · Mercer Island, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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