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Property profile & analytics
OFF-MARKET Estimated value $2,600,000
Commercial real estate

7605 27th St Mercer Island, WA 98040-2835

18,067 SF 0.9 ac lot Built 1900
Entity Owned 20-yr Hold Free & Clear
Property ID
US90-1083156
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction WOOD
Total area 18,067 SF
Lot 0.9 ac (39,134 SF)
Zoning code TC
APN 531510-1335
UPID US90-1083156
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
  • Taiji acupuncture & wellness center Medical Clinic
  • sig.ai (Bike/Boat/Book/etc) Store Corporate Office
  • Hair Excel Hair Salon Nail Salon
  • Raise the Bar Gym & Fitness Center
  • Wall Street Custom Tailoring (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$2.60M
Owner & transaction history
D & E Mercer Island Invs LLC · 20 yrs held
D & E Mercer Island Invs LLC
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
TC · Mercer Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

19.04.030 Town Center district - TC. Repealed by Ord. 02C-04. (Ord. 99C-13 § 1). 19.04.040 Parking requirements. A. The following parking requirements apply to all uses in the C-O and B zones and to all nonresidential uses in the PBZ zone. B. General Requirements. 1. Surfacing and Grading. All off-street parking areas shall be graded and surfaced to a standa…

Zone name Town Center
General category UNKNOWN
Zone area 77.74 ac
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