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Property profile & analytics
FOR SALE
Manufacturing properties
29700 SE High Point Way, Issaquah, WA 98027
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1257719
For Sale
Contact for pricing
29700 SE High Point Way, Issaquah, WA 98027
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,500 SF
Lot
20 ac (871,200 SF)
Zoning code
RA10P
APN
292407-9053
UPID
US90-1257719
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pnwcp Joint Issaquah Investors LLC · 1 yrs held
Pnwcp Joint Issaquah Investors LLC
since 2025
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
RA10P · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Issaquah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Issaquah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$29,292
Tax year 2022
Assessed value
$3,046,500
Assessed 2022
Previous assessed
$3,046,500
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$871,200
Assessed improvement
$2,175,300
Land market value
$871,200
Improvement market value
$2,175,300
Total market value
$3,046,500
Applied tax rate
6,982.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
21,500 SF
Lot
20 ac (871,200 SF)
Zoning code
RA10P
APN
292407-9053
UPID
US90-1257719
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RA10P · Issaquah, WA
Zoning RA10P · permitted uses
RA10P · Issaquah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Issaquah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
20 ac
Current owner
From public records · entity-resolved
Pnwcp Joint Issaquah Investors LLC
Entity
Mailing address
PO BOX 848, MEDINA, WA 98039-0848
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$6,300,000
Pnwcp Joint Issaquah Investors LLC
Preston Business Center LLC
Bargain & Sale Deed
$4,300,000 · Preston Business Center LLC
May 31, 2018
—
Preston Business Center LLC
331 165th Ave Se LLC
Quit Claim Deed
related
—
May 17, 2016
—
331 165th Ave Se LLC
—
Deed
related
$3,000,000 · Bank Of Wa
Jan 15, 2015
$3,350,000
331 165th Ave Se LLC
Stonefelt Building Company LLC I
Warranty Deed
$2,300,000 · Foundation Bank
May 5, 1998
—
Stonefelt Building Co LLC
Stonefelt,steven J
Quit Claim Deed
related
$875,000 · Money Bck Investment Corp
Jul 17, 1992
—
Steven J Stonefelt
Stonefelt,pamela
Quit Claim Deed
related
—
Mar 2, 1990
$166,500
Steven J Stonefelt
Preston
Grant Deed
related
—
—
—
Stonefelt Building Co LLC I
—
Deed Of Trust
related
$150,000 · Banner Bank
—
—
331 165th Ave Se LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of Wa
—
—
Stonefelt Building Co LLC I
—
Deed Of Trust
related
$850,000 · Banner Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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