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Property profile & analytics
FOR SALE
Office buildings
5555 Lakeview Dr Kirkland, WA 98033
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1677289
For Sale
$7,050,000
5555 Lakeview Dr, Kirkland, WA 98033
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
CONCRETE
Total area
28,328 SF
Lot
0.37 ac (16,262 SF)
Zoning code
PR 3.6
APN
172505-9176
UPID
US90-1677289
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
Current use
Occupant on record · Public records
-
Consulate General of Cyprus Foreign Consulate
-
Demetriou Architects PLLC Architect
-
Haller & Shepard Capital Group Financial Advisor
-
Croasdill & Company, PLLC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.05M
CAP Approach
CAP
$9.81M
Comparable Approach
Comparable
$8.81M
Blend (final)
Blend
$7.05M
Owner & transaction history
Mina Properties V LLC · 1 yrs held
Mina Properties V LLC
since 2024
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
PR 3.6 · Kirkland, 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 Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland 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
Method
Estimation
Statistic approach
$7,050,000
ML approach
$7,050,000
CAP Approach
CAP Return
Estimation
6%
$10,620,000
6.5%
$9,805,000
7%
$9,105,000
Blend value · Realmo final
$7.05M
Range $6.35M – $7.76M · ±10% · vs last sale $7.05M (Dec 31 2024)
Last sale anchor
$7.05M
Dec 31 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$249 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$50,226
Tax year 2024
Assessed value
$5,471,800
Assessed 2023
Previous assessed
$5,471,800
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$1,707,500
Assessed improvement
$3,764,300
Land market value
$1,707,500
Improvement market value
$3,764,300
Total market value
$5,471,800
Applied tax rate
1,701.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2000
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
28,328 SF
Lot
0.37 ac (16,262 SF)
Zoning code
PR 3.6
APN
172505-9176
UPID
US90-1677289
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PR 3.6 · Kirkland, WA
Zoning PR 3.6 · permitted uses
PR 3.6 · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Mina Properties V LLC
Entity
Mailing address
5555 LAKEVIEW DR STE #200, KIRKLAND, WA 98033-7444
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
—
Mina Propertices V LLC
—
Deed
related
$7,750,000 · Red Fox Capital Mortgage Fund LP
Dec 31, 2024
$7,050,000
Mina Properties V LLC
Chrysalis Holdings LLC
Bargain & Sale Deed
$4,742,692 · Chrysalis Holdings LLC
Sep 16, 2015
—
Chrysalis Holdings LLC
Demetriou,vassos M & Caroline C
Quit Claim Deed
related
$2,636,000 · Miscellaneous Ins Co
Jun 15, 1998
$450,000
Vassos M Demeriou
5539 Associates INC
Grant Deed
$2,160,000 · Money Store Commercial Mtg
Jun 11, 1990
$525,000
5539 Associates INC
Lake East Parten
Grant Deed
—
Mar 8, 1989
$239,951
Lake East Partnership
Universal
Grant Deed
$206,400 · Company Misc
—
—
Vassos M Demetriou
—
Deed Of Trust
related
$2,300,000 · Us Bank NA
—
—
Vassos M Demetriou
—
Deed Of Trust
related
$2,793,027 · Key Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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