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Property profile & analytics
FOR SALE
Retail space
8020 NE Bothell Way Kenmore, WA 98028
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0213609
For Sale
Contact for pricing
8020 NE Bothell Way, Kenmore, WA 98028
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
WOOD
Total area
4,840 SF
Lot
0.66 ac (28,572 SF)
Zoning code
UC
APN
011410-1255
UPID
US90-0213609
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Ethament LLC · 17 yrs held
Ethament LLC
since 2009
5 recorded transactions
Zoning & alternative use
UC · Kenmore, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nters are promoted along SR-522, particularly in the northwest quadrant of the 68th Avenue NE/SR-522 intersection. ( Ord. 11-0329 , § 3 (Exh. 1) ) § 18.15.067 Urban corridor zone. The purpose of the urban corridor zone (UC) is to convert SR-522 from a commercial strip, focused on the automobile, to a more pedestrian-and transit-friendly urban corridor. West…
Zone name
Urban Corridor
General category
COMMERCIAL
Zone area
26.82 ac
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 Kenmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenmore 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$196 / 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
$16,172
Tax year 2022
Assessed value
$1,417,500
Assessed 2022
Previous assessed
$1,417,500
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$971,400
Assessed improvement
$446,100
Land market value
$971,400
Improvement market value
$446,100
Total market value
$1,417,500
Applied tax rate
1,442.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1979
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
4,840 SF
Lot
0.66 ac (28,572 SF)
Zoning code
UC
APN
011410-1255
UPID
US90-0213609
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
UC · Kenmore, WAZoning UC · permitted uses
UC · Kenmore, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nters are promoted along SR-522, particularly in the northwest quadrant of the 68th Avenue NE/SR-522 intersection. ( Ord. 11-0329 , § 3 (Exh. 1) ) § 18.15.067 Urban corridor zone. The purpose of the urban corridor zone (UC) is to convert SR-522 from a commercial strip, focused on the automobile, to a more pedestrian-and transit-friendly urban corridor. West of down-town, the north side of the highway would continue to be a mix of restaura
Zone name
Urban Corridor
General category
COMMERCIAL
Zone area
26.82 ac
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Ethament LLC
Entity
Mailing address
8020 NE BOTHELL WAY, KENMORE, WA 98028-1855
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
—
Ethament LLC
—
Deed
related
$930,000 · Bank Of America
Feb 27, 2009
$945,000
Ethament LLC
Mark Lung Ho Wang
Warranty Deed
$1,196,500 · Wells Fargo Bank NA
Mar 10, 2000
$425,000
Mark L Wang
Wang,andrew C & Shaot S
Grant Deed
related
$425,000 · Seller
Feb 8, 1993
$410,000
Andrew C Wang
Pietros Corp
Grant Deed
$369,000 · West One Bank Oregon
—
—
Ethament LLC
—
Deed Of Trust
related
$930,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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