Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

5040 148th NE Ave Redmond, WA 98052

OFF-MARKET
Grocery and convenience stores
Property ID
US90-1307271
2,400 SF 0.41 ac lot Built 1977
Last sale Feb 2010 · $1,006,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$10k
Tax billed · 2022
Assessed value$1.42M
Assessed land$1.34M
Assessed improvement$79k
Effective rate0.72%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$305k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
OBAT
Overlake Business and Advanced Technology (OBAT) development standards were amended. Town Center development standards were amended. Busi...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant35.4
Realty agency33.4
Auto Repair Shop26.4

Location

5040 148th NE Ave Redmond, WA 98052-5119
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8009 164th NE, Redmond, WA 98052-3819 $10,200,000 Aug 2024 2,419 SF
15940 Redmond, Redmond, WA 98052 $1,205,000 Dec 2020 1,371 SF
7981 Leary NE, Redmond, WA 98052-3841 $900,000 Nov 2020 3,316 SF
7875 Leary NE, Redmond, WA 98052-4338 $1,800,000 Dec 2019 4,186 SF
16717 Redmond, Redmond, WA 98052-4450 $6,875,000 Jun 2019 3,070 SF
16424 79th, Redmond, WA 98052-4428 $2,240,000 Mar 2019 3,880 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5040 148th NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved