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Property profile & analytics
OFF-MARKET Estimated value $1,400,000
Commercial real estate

721 228th NE Ave Sammamish, WA 98074-7223

6,068 SF 0.61 ac lot Built 1996
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US90-1191518
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,068 SF
Lot 0.61 ac (26,558 SF)
Zoning code CB
APN 332506-9001
UPID US90-1191518
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
$1.56M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.40M
Owner & transaction history
Aliza INC · 13 yrs held
Aliza INC
since 2013
7 recorded transactions
2013
$3.1M
2000
Price N/A
1995
$550,000
1992
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
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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