3414 Lk Sammamish SE Pkwy Sammamish, WA 98075
1. The purpose of the neighborhood business (NB) zone is to provide convenient daily retail and personal services for a limited service area and to minimize impacts of commercial activities on nearby properties and in urban areas on properties with the land use designation of commercial outside of center, to provide for limited residential development. These…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NB · Sammamish, WA1. The purpose of the neighborhood business (NB) zone is to provide convenient daily retail and personal services for a limited service area and to minimize impacts of commercial activities on nearby properties and in urban areas on properties with the land use designation of commercial outside of center, to provide for limited residential development. These purposes are accomplished by: a. Limiting nonresidential uses to those retail or personal services that can serve the everyday needs of a surrounding urban residential area; b. Allowing for mixed use (housing and retail/service) developments and for townhouse developments as a sole use on properties in the urban area with the land use designation of commercial outside of center. 2. Use of this zone is appropriate in urban neighborhood business centers, designated by the comprehensive plan, on sites that are served at the time of development by adequate public sewers when located in urban areas or Title 21: Sammamish Development Code | 197 Zones, Maps and Designations | Zoning Districts Effective | January 1, 2022 adequate on-site sewage disposal, water supply, streets and other needed public facilities and services. E. Community business zone 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 that are not appropriate for extensive outdoor storage or auto-related and industrial uses. These purposes are accomplished by: a. Providing for limited small-scale offices as well as a wider range of the retail, professional, governmental and personal services than are found in neighborhood business areas; b. Allowing for mixed use (housing and retail/service) developments; and c. Excluding commercial uses with extensive outdoor storage or auto-related and industrial uses. 2. Use of this zone is appropriate in urban and community centers that are designated by the adopted City of Sammamish comprehensive plan and community plans and that are served at the time of development by adequate public sewers, water supply, streets, and other needed public facilities and services. F. Office zone 1.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.