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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Office Spaces
7902 168th NE Ave Redmond, WA 98052-4445
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1276102
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,648 SF
Lot
0.23 ac (10,137 SF)
Zoning code
EH
APN
779290-0245
UPID
US90-1276102
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
-
Clare Batley Marriage Or Relationship Counselor
-
Hermona Tekeste Physician
-
Kristan Dziurzynski Marriage Or Relationship Counselor Counselor
-
Rachel Davis Counselor Health Care Facility
-
Gordon Zhang Marriage Or Relationship Counselor Health Care Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Ph Building LLC · 10 yrs held
Ph Building LLC
since 2016
7 recorded transactions
Zoning & alternative use
EH · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,850,000
6.5%
$1,710,000
7%
$1,585,000
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$244 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,511
Tax year 2022
Assessed value
$3,337,000
Assessed 2022
Previous assessed
$3,337,000
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,621,900
Assessed improvement
$1,715,100
Land market value
$1,621,900
Improvement market value
$1,715,100
Total market value
$3,337,000
Applied tax rate
2,025.0000
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Units
4
Bathrooms
1
Total area
6,648 SF
Lot
0.23 ac (10,137 SF)
Zoning code
EH
APN
779290-0245
UPID
US90-1276102
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
EH · Redmond, WA
Zoning EH · permitted uses
EH · Redmond, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Units
4
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ph Building LLC
Entity
Mailing address
11001 151ST AVE NE, REDMOND, WA 98052-2523
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2016
$3,150,000
Ph Building LLC
Yuop One LLC
Warranty Deed
$1,650,000 · Boeing Emps Cu
Jul 18, 2013
$2,100,000
Yuop One LLC
Totem Office 1 LLC
Warranty Deed
$1,050,000 · Wells Fargo Bank NA
Jul 27, 2009
—
Totem Office 1 LLC
—
Deed Of Trust
related
$7,176,000 · Sterling Savings Bank
Oct 20, 2006
—
City Of Redmond
Totem Office I LLC
Grant Deed
related
—
Nov 1, 2004
$475,000
Totem Office 1 LLC
Gillham,deborah S
Warranty Deed
$1,300,000 · Frontier Bank
Dec 28, 2001
$80,000
Deborah S Gillham
Seghers,john R
Quit Claim Deed
related
—
May 8, 1997
$200,000
John R Seghers
Galindo,fidel & Cheryl L
Grant Deed
$116,250 · Washington Mutual Fsb
Apr 5, 1994
$32,500
Cheryl L Galindo
Morrison,holly L
Quit Claim Deed
related
$99,400 · First Union Mortgage
Mar 18, 1994
—
Cheryl L Galindo
Lillian H Olson
Quit Claim Deed
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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