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Property profile & analytics
OFF-MARKET Estimated value $260,000
Office buildings

80 Alder Pl Issaquah, WA 98027-3245

1,720 SF 0.19 ac lot Built 1923
Individually Owned 32-yr Hold Absentee Owner Free & Clear
Property ID
US90-1308778
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1923
Construction WOOD
Total area 1,720 SF
Lot 0.19 ac (8,195 SF)
Zoning code CBD
APN 282406-9093
UPID US90-1308778
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
$615k
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k
Owner & transaction history
Horizon Height Ltd Ptshp · 32 yrs held
Horizon Height Ltd Ptshp
since 1993
3 recorded transactions
1993
Price N/A
1991
$149,000
1969
Price N/A
Zoning & alternative use
CBD · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Cultural and Business District - CBD. 1. This zone intends to combine business, multifamily residential, cultural, and civic activities into a cohesive downtown core which promotes pedestrian usage. Permitted uses are retail and office activities which enhance and encourage pedestrian access and encourage compatibility in historic design and scale as defined…

Zone name Cultural And Business District
General category CIVIC_INSTITUTIONAL
Zone area 34.82 ac
Source Issaquah Land Use Code
Top alternative use upside
Auto repair, garage $790,000 +4.5%
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