Back to Search
Property profile & analytics
FOR LEASE
Retail space
6501 132Nd Ave NE Kirkland, WA 98033
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1399221
No photos on file
For Lease
$6,815,000
6501 132Nd Ave NE, Kirkland, WA 98033
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,322 SF
Lot
8.02 ac (349,231 SF)
Zoning code
BCX
APN
124150-0310
UPID
US90-1399221
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
-
All About Cats Veterinary Hospital Veterinary Clinic
-
Gibson Garage Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.42M
Comparable Approach
Comparable
$4.13M
Blend (final)
Blend
$6.82M
Owner & transaction history
B10 Mountain A Wa LLC · 1 yrs held
B10 Mountain A Wa LLC
since 2025
7 recorded transactions
Zoning & alternative use
BCX · Kirkland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.7M
+17.0%
Medical building
$9.2M
+0.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,955,000
6.5%
$6,420,000
7%
$5,960,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,150,000
Current use
AUTO REPAIR, GARAGE
$10,705,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$9,210,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,895,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,085,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$6.82M
Range $6.13M – $7.50M · ±10%
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
$292 / 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
$300,413
Tax year 2022
Assessed value
$35,997,200
Assessed 2022
Previous assessed
$35,997,200
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$11,175,300
Assessed improvement
$24,821,900
Land market value
$11,175,300
Improvement market value
$24,821,900
Total market value
$35,997,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Buildings
5
Stories
1
Total area
23,322 SF
Lot
8.02 ac (349,231 SF)
Zoning code
BCX
APN
124150-0310
UPID
US90-1399221
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BCX · Kirkland, WA
Zoning BCX · permitted uses
BCX · 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
RETAIL STORES Current
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$9.2M
INDUSTRIAL (GENERAL)
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Buildings
5
Lot
8.02 ac
Current owner
From public records · entity-resolved
B10 Mountain A Wa LLC
Entity
Mailing address
PO BOX 130339, CARLSBAD, CA 92013-0339
Ownership since
2025
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
Feb 26, 2025
—
Blo Mountain A Wa LLC
—
Deed
related
—
Feb 19, 2025
—
B10 Mountain A Wa LLC
Roic Washington LLC
Warranty Deed
—
Oct 17, 2016
$32,200,000
Roic Washington LLC
Pnw Bridle Trails LLC
Grant Deed
—
Oct 31, 2012
—
Pnw Bridle Trails LLC
Joshua Green Corp
Quit Claim Deed
related
—
—
—
Midori Teriyaki
—
Deed Of Trust
related
$41,434 · City Bank
—
—
Joshua Green Corp
—
Deed Of Trust
related
$7,805,632 · Lincoln National Life Ins
—
—
Yung J Corp
—
Deed Of Trust
related
$30,000 · City Bank
—
—
Joshua Green Corp
—
Deed Of Trust
related
$10,000,000 · Jefferson Pilot Financial Ins
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
