Financial
Distress signals
Property profile

5701 NE Bothell Way Kenmore, WA 98028

FOR LEASE
Medical Office Space
Property ID
US90-0940151
10,588 SF 1.2 ac lot Built 1975
Last sale Apr 2024 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial space located on SR-522 and provides prominent monument signage. It contains 855 square feet of space and includes parking on-site calculated at approximately 5.0 stalls per 1,000 RSF. The location is near the Burke Gilman Trail and is within an area that provides access to nearby amenities.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$42k
Tax billed · 2024
Assessed value · 2023$3.07M
Assessed land$2.35M
Assessed improvement$720k
Effective rate1.38%

Value estimate

· Sep 2026
$4.00M
$3.60M – $4.40M
AI approach$4.00M
Sales comparison$4.20M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$7k
Operating expenses−$6k
NOI · 112,681.25% cap applied$18k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
112,681.25%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
UC
The intent of the urban corridor zone is to convert SR-522 from a commercial strip, focused on the automobile, to a more pedestrian and t...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.6
Auto Repair Shop17.6
Auto Parts Store17.6

Location

5701 NE Bothell Way Kenmore, WA 98028
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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