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Property profile & analytics
OFF-MARKET
Parking lots & garages
8301 161st NE Ave Redmond, WA 98052-3858
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-2581991
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.48 ac (21,000 SF)
Zoning code
TSQ
APN
719890-0340
UPID
US90-2581991
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
-
Alan P Nohr & Associates: Hasse Lisa Dental Office
-
Brian J Dillon DDS Dental Office
-
Growing Smiles Childrens Dentistry Dental Office
-
Redmond Dental Care - Sang Yum DMD Dental Office
-
Alan P. Nohr, DDS, PS & Associates Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kfp Redmond Medical LLC · 9 yrs held
Kfp Redmond Medical LLC
since 2017
6 recorded transactions
Zoning & alternative use
TSQ · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$24,680
Tax year 2022
Assessed value
$3,360,000
Assessed 2022
Previous assessed
$3,360,000
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,360,000
Land market value
$3,360,000
Total market value
$3,360,000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.48 ac (21,000 SF)
Zoning code
TSQ
APN
719890-0340
UPID
US90-2581991
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TSQ · Redmond, WA
Zoning TSQ · permitted uses
TSQ · 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
Heating
NONE
Lot
0.48 ac
Current owner
From public records · entity-resolved
Kfp Redmond Medical LLC
Entity
Mailing address
1421 34TH AVE STE #300, SEATTLE, WA 98122-3634
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2017
$5,031,000
Kfp Redmond Medical LLC
Mrm Redmond Medical LLC
Grant Deed
$11,700,000 · Miscellaneous Ins Co
Jul 27, 2011
$10,300,000
Mrm Redmond Medical LLC
Redmond Medical Center LLC
Grant Deed
related
$6,000,000 · Minnesota Life Insurance Co
Oct 30, 1996
—
Redmond Medical Cetner LLC
Redmond Medical Center Ptshp
Quit Claim Deed
related
—
May 6, 1993
—
Redmond Medical Center Prtn
Robbins,james R
Grant Deed
related
—
—
—
Mrm Redmond Medical LLC
—
Deed Of Trust
related
$7,500,000 · Boeing Emps Cu
—
—
Redmond Medical Center LLC
—
Deed Of Trust
related
$200,000 · Redmond National Bank
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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