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Property profile & analytics
OFF-MARKET
Medical Office Space
6502 181st St Kenmore, WA 98028-4802
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1069196
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1948
Construction
WOOD
Total area
2,970 SF
Lot
0.19 ac (8,270 SF)
Zoning code
DC
APN
618170-0325
UPID
US90-1069196
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kirkland Northshore Property LLC · 1 yrs held
Kirkland Northshore Property LLC
since 2025
4 recorded transactions
Zoning & alternative use
DC · Kenmore, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
40.96 ac
Source
Realmo
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 Kenmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenmore 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,756
Tax year 2022
Assessed value
$516,400
Assessed 2022
Previous assessed
$516,400
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$347,300
Assessed improvement
$169,100
Land market value
$347,300
Improvement market value
$169,100
Total market value
$516,400
Applied tax rate
1,442.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
2,970 SF
Lot
0.19 ac (8,270 SF)
Zoning code
DC
APN
618170-0325
UPID
US90-1069196
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Kenmore, WAZoning DC · permitted uses
DC · Kenmore, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
40.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kirkland Northshore Property LLC
Entity
Mailing address
6502 NE 181ST ST, KENMORE, WA 98028-4802
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
$1,024,000
Kirkland Northshore Property LLC
Ckj Investments LLC
Warranty Deed
$819,200 · Us Bank NA
Sep 24, 2003
—
Cjk Investments LLC
Kindem,christopher J
Quit Claim Deed
related
—
Jul 31, 1997
$177,805
Christopher J Kindem
Simpson,robert R & Beverly J
Grant Deed
$124,450 · Colonial Mortgage Co
—
—
Christopher J Kindem
—
Deed Of Trust
related
$75,000 · 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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