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Property profile & analytics
OFF-MARKET
Estimated value
$6,520,000
Office buildings
570 Kirkland Way Kirkland, WA 98033-6269
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1021898
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
CONCRETE
Total area
22,610 SF
Lot
0.41 ac (18,064 SF)
Zoning code
CBD 5
APN
124870-0160
UPID
US90-1021898
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
-
Whole Family Financial Services Financial Advisor
-
JS Coats Capital Real Estate Agency
-
Fishermen’s Finest, Inc. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.27M
CAP Approach
CAP
$7.83M
Comparable Approach
Comparable
$8.50M
Blend (final)
Blend
$6.52M
Owner & transaction history
570 Kirkland LLC · 5 yrs held
570 Kirkland LLC
since 2021
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
CBD 5 · 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
$5,030,000
ML approach
$5,265,000
CAP Approach
CAP Return
Estimation
6%
$8,475,000
6.5%
$7,825,000
7%
$7,265,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,380,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.52M
Range $5.87M – $7.17M · ±10% · vs last sale $6.25M (Jun 7 2021)
Last sale anchor
$6.25M
Jun 7 2021
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
$288 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$41,722
Tax year 2022
Assessed value
$5,440,500
Assessed 2022
Previous assessed
$5,440,500
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$2,619,200
Assessed improvement
$2,821,300
Land market value
$2,619,200
Improvement market value
$2,821,300
Total market value
$5,440,500
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
Off-Market
Year built
1990
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Total area
22,610 SF
Lot
0.41 ac (18,064 SF)
Zoning code
CBD 5
APN
124870-0160
UPID
US90-1021898
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD 5 · Kirkland, WA
Zoning CBD 5 · permitted uses
CBD 5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$10.4M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
570 Kirkland LLC
Entity
Mailing address
570 KIRKLAND WAY, KIRKLAND, WA 98033-6269
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
570 Kirkland LLC
—
Deed
related
$3,712,500 · Bank Of Amierca NA
Jun 7, 2021
$6,250,000
570 Kirkland LLC
Hjp Kirkland Properties LLC
Bargain And Sale Deed
$4,800,000 · Us Bank NA
Jan 7, 2013
—
Juno Kirkland Props L Hillside
Hillside Juno Properties LLC
Quit Claim Deed
related
—
Jan 7, 2013
$3,500,000
Hillside Juno Properties LLC
Kirkland Commercial LLC
Grant Deed
related
—
Dec 17, 2012
—
Hjp Kirkland Properties LLC
Hillside Juno Kirkland Props L
Warranty Deed
—
Aug 27, 2012
—
Juno Kirkland Props L Hillside
Hillside Juno Properties LLC
Quit Claim Deed
related
—
Jul 31, 2012
—
Hillside Juno Properties LLC
Kirkland Commercial LLC
Grant Deed
related
—
Jul 17, 2012
$3,500,000
Hillside Juno LLC
Kirkland Commercial LLC
Warranty Deed
—
Apr 18, 2002
$2,875,000
Kirkland Commercial LLC
570 Kirkland Way Assoc LP
Grant Deed
related
$1,750,000 · Washington First Int'l Bank
Jun 30, 1998
$2,550,000
570 Kirkland Way Associates LP
Madison Equity INC
Grant Deed
—
Feb 18, 1998
$1,950,000
Madison Equity INC
Kirkland Building Associates
Grant Deed
related
$1,462,500 · Hongkong Bank Of Canada
Feb 2, 1990
$189,672
Kirkland Building Associate
Mowat,david A
Quit Claim Deed
related
—
Apr 13, 1989
$189,672
David A Mowat
Saety
Grant Deed
—
—
—
570 Kirkland Way Associates LP
—
Deed Of Trust
related
$2,000,000 · Us Bank NA Nd
—
—
Kirkland Commercial LLC
—
Deed Of Trust
related
$1,300,000 · General Electric Capital Corp
—
—
Kirkland Commercial LLC
—
Deed Of Trust
related
$450,000 · Washington First Int'l Bank
—
—
570 Kirkland Way Associates LP
—
Deed Of Trust
related
$1,800,000 · Us Bank
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.
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