3607 228th SE Ave Issaquah, WA 98029-5001
Professional Office - PO. 1. This zone intends to establish and preserve areas for professional service-related offices. Permitted uses include professional and personal services such as medical outpatient, financial, and government offices. Multifamily residential is permitted in this district to promote proximity of jobs to housing and to provide the oppor…
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
PO · Issaquah, WAProfessional Office - PO. 1. This zone intends to establish and preserve areas for professional service-related offices. Permitted uses include professional and personal services such as medical outpatient, financial, and government offices. Multifamily residential is permitted in this district to promote proximity of jobs to housing and to provide the opportunity for mixed-use development. Pedestrian linkage of nonoffice uses to office sites is encouraged to decrease traffic impacts to the district. The following objectives also apply to this zone: a. Permit retail commercial activity; b. Locate professional service-related offices in areas presently receiving a full range of urban services; c. Provide opportunities for multifamily housing; d. Provide usable open space and design amenities for district employees and users; and e. Provide incentives to develop multifamily use as an accessory use to ground level office or commercial use. D. Urban Village Commercial and Urban Village Retail - UV-Com/UV-Ret. These zones intend to provide commercial and retail opportunities that serve and support the community’s live, work, play vision. Permitted uses include bakeries, medical/dental offices, community centers, and retail opportunities. Objectives for these zones are site-specific since they have different neighborhood characteristics and are addressed in Urban Village subarea standards, covered in Part VII of this title, Neighborhood Overlays. E. Mixed-Use - MU and Mixed-Use - Central Issaquah. 1. These zones intend to create medium-density, low-intensity retail use areas. Permitted uses include professional offices, personal services, restaurants, and general retail services. Multifamily residential is permitted in this district to promote proximity of jobs to housing and to provide the opportunity for mixed-use development. The following objectives apply to this zone: a. Establish and preserve areas for retail development to meet the shopping and service needs of the City’s local service area, as well as provide areas for retail uses and services that are a destination for the regional service area; b. Provide for the clustering of retail, financial, professional office, service businesses and entertainment activities to serve the City’s service area and extend to the regional service area; c. Emphasize improvement and enhancement of existing retail centers; d. Require that development and redevelopment of retail commercial uses be of compatible scale and design as defined by the design checklist; e.
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.