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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office Spaces
7000 181st St Kenmore, WA 98028-2709
Individually Owned
2-yr Hold
Free & Clear
Property ID
US90-1256610
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1948
Construction
FRAME
Total area
2,495 SF
Lot
1.05 ac (45,891 SF)
Zoning code
DC
APN
011410-0585
UPID
US90-1256610
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
$455k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Judith Ann Holm · 2 yrs held
Judith Ann Holm
since 2024
2 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
Method
Estimation
Statistic approach
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$291 / 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
$27,374
Tax year 2024
Assessed value
$1,928,400
Assessed 2023
Previous assessed
$1,928,400
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,927,400
Assessed improvement
$1,000
Land market value
$1,927,400
Improvement market value
$1,000
Total market value
$1,928,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Stories
1
Total area
2,495 SF
Lot
1.05 ac (45,891 SF)
Zoning code
DC
APN
011410-0585
UPID
US90-1256610
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
FRAME
Heating
FORCED AIR
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Judith Ann Holm
Individual
Free & Clear · 2 yrs held
Mailing address
15509 SE ML PLN BLVD UNIT #87, VANCOUVER, WA 98684-4647
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
—
Judith Ann Holm
Judith Ann Holm
Intrafamily Transfer
related
—
Mar 20, 2024
—
Estate Of June Lillian Perkins
Harley A Perkins
Affidavit Of Death Of Joint Tenant
related
—
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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