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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Office buildings
825 5th Ave Kirkland, WA 98033-6391
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1359562
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
10,856 SF
Lot
0.61 ac (26,746 SF)
Zoning code
PLA 5C
APN
052505-9069
UPID
US90-1359562
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
-
Q Analysts Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
Kerr Enterprises LLC · 7 yrs held
Kerr Enterprises LLC
since 2019
7 recorded transactions
Zoning & alternative use
PLA 5C · Kirkland, 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 Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland 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%
$4,070,000
6.5%
$3,755,000
7%
$3,490,000
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±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
$265 / 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
$34,222
Tax year 2022
Assessed value
$4,342,400
Assessed 2022
Previous assessed
$4,342,400
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$2,540,800
Assessed improvement
$1,801,600
Land market value
$2,540,800
Improvement market value
$1,801,600
Total market value
$4,342,400
Applied tax rate
1,701.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
10,856 SF
Lot
0.61 ac (26,746 SF)
Zoning code
PLA 5C
APN
052505-9069
UPID
US90-1359562
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PLA 5C · Kirkland, WA
Zoning PLA 5C · permitted uses
PLA 5C · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Kerr Enterprises LLC
Entity
Mailing address
1250 EST DR, LOS ALTOS, CA 94024-6100
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2019
$4,550,000
Kerr Enterprises LLC
Sanderlandco LLC
Warranty Deed
$2,000,000 · Wells Fargo Bank NA
Oct 31, 2012
—
Sanderlandco LLC
Richard M Sander
Quit Claim Deed
related
$1,740,855 · Wells Fargo Bank NA
Jun 1, 2006
—
Vws Us Corp
Mid Mountain Contractors INC
Quit Claim Deed
related
—
Jul 1, 1998
$1,575,000
Mid Mountain Contractors INC
Zed Long Family LP
Grant Deed
$1,181,250 · Seafirst Bank
Jun 16, 1994
$1,050,000
Zed Long LP
Brendle,paul W &
Grant Deed
$594,864 · Seattle-first National Bank
Dec 28, 1989
—
Paul W Brendle II
Earthstone Devel
Quit Claim Deed
related
—
—
—
Zed Long Family LP
—
Deed Of Trust
related
$485,000 · Evergreen Community Dev Assn
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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