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Property profile

450 NW Gilman Blvd Issaquah, WA 98027

FOR LEASE
Medical Office Space
Property ID
US90-1286622
40,100 SF 2.67 ac lot Built 1988
Last sale Jun 2018 · $14,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class A medical office space configured to support a variety of medical office uses, with sprinkler protection in the building. The space encompasses approximately 2,583 square feet and is designed for tenant build-out to accommodate medical office requirements. The property is positioned for convenient access to I-90.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$97k
Tax billed · 2022
Assessed value$12.78M
Assessed land$3.19M
Assessed improvement$9.59M
Effective rate0.76%

Value estimate

· Oct 2026
$6.74M
$6.06M – $7.41M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
County average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$227 – $570

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
Mixed-Use - MU and Mixed-Use - Central Issaquah. 1. These zones intend to create medium-density, low-intensity retail use areas. Permitte...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.7
Barber Shop9.1
Shoe Repair8.6

Location

450 NW Gilman Blvd Issaquah, WA 98027
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1455 11th NW, Issaquah, WA 98027-5319 $10,705,424 Jul 2025 8,526 SF
435 Sunset Way, Issaquah, WA 98027-3440 $1,335,000 Mar 2025 No data
375 Sunset, Issaquah, WA 98027-3442 $990,000 Jun 2024 2,410 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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