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Property profile & analytics
OFF-MARKET Estimated value $4,535,000
Commercial real estate

2912 228th SE Ave Sammamish, WA 98075-9305

6,472 SF 0.64 ac lot Built 1994
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-0835137
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1994
Construction WOOD
Total area 6,472 SF
Lot 0.64 ac (27,819 SF)
Zoning code CB
APN 679160-0080
UPID US90-0835137
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.39M
Blend (final) Blend
$4.54M
Owner & transaction history
City Investments LLC · 3 yrs held
City Investments LLC
since 2022
Last sale
$4.8M
7 recorded transactions
2022
$4.8M
2020
Price N/A
2019
Price N/A
2018
$3.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CB · Sammamish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. The purpose of the community business (CB) zone is to provide convenience and comparison retail and personal services for local service areas that exceed the daily convenience needs of adjacent neighborhoods but that cannot be served conveniently by larger activity centers, and to provide retail and personal services in locations within activity centers t…

Zone name Community Business
General category INDUSTRIAL
Zone area 60.36 ac
Source sammamish udc 13september2024
Top alternative use upside
Office building $6.2M +24.0%
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