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Property profile & analytics
OFF-MARKET Estimated value $2,920,000
Commercial real estate

703 228th NE Ave Sammamish, WA 98074-7223

10,486 SF 1.03 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-0786891
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,486 SF
Lot 1.03 ac (44,666 SF)
Zoning code CB
APN 358230-0010
UPID US90-0786891
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
$3.04M
CAP Approach CAP
$2.70M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M
Owner & transaction history
U S Bank National Association · 3 yrs held
U S Bank National Association
since 2022
Last sale
$3.1M
2 recorded transactions
2022
Price N/A
1998
$3.1M
Zoning & alternative use
CB · Sammamish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. The purpose of the community business (CB) zone is to provide convenience and comparison retail and personal services for local service areas that exceed the daily convenience needs of adjacent neighborhoods but that cannot be served conveniently by larger activity centers, and to provide retail and personal services in locations within activity centers t…

Zone name Community Business
General category INDUSTRIAL
Zone area 60.36 ac
Source sammamish udc 13september2024
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