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    Property profile & analytics

    8515 124th NE Ave Kirkland, WA 98033-5857

    • Drive through restaurants
    • 4,882 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1213817
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Restaurant / Sandwich Shop

    Property Details for 8515 124th NE Ave

    Year built
    1989
    Construction
    FRAME
    Lot size
    1.13 lot acres
    Property size
    4,882 SF
    Zone code
    RH 5A
    Property type
    Drive through restaurants
    APN
    123850-0235
    APU
    1238500235

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kirkland
    County
    King
    State
    Washington
    Longitude
    -122.177
    Latitude
    47.6797
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $49,926
    $2,947,800
    $1,000
    $2,948,800
    -
    $2,947,800
    $1,000
    $2,948,800

    Comparable in this City

    • Value Estimation
      $515,000
      1,634 SF

      5910 Lk Washington NE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,634 SF
      5910 Lk Washington NE Blvd, Kirkland, WA 98033-7307
      View Details
    • Value Estimation by Request
      2,279 SF

      12005 85th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,279 SF
      12005 85th St, Kirkland, WA 98033-8040
      View Details
    • Value Estimation by Request
      2,475 SF

      6733 108th NE Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,475 SF
      6733 108th NE Ave, Kirkland, WA 98033-7056
      View Details
    • Value Estimation
      $570,000
      1,560 SF

      5910 Lk Washington NE Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,560 SF
      5910 Lk Washington NE Blvd, Kirkland, WA 98033-7307
      View Details
    • Value Estimation by Request
      3,450 SF

      11014 120th NE Ave

      BAR, TAVERN • 3,450 SF
      11014 120th NE Ave, Kirkland, WA 98033-5022
      View Details
    • Value Estimation by Request
      6,518 SF

      10426 Northup Way

      RESTAURANT • 6,518 SF
      10426 Northup Way, Kirkland, WA 98033-7912
      View Details

    Similar Nearby for Sale

    • $11,000,000

      Office Building with Prominent Signage

      Office building with high visibility and ample parking.
      11109 Slater Ave NE, Kirkland, WA 98033
      View Details
    • $2,850,000
      900 SF

      Redevelopment Opportunity in High-Traffic Area

      High-traffic location with redevelopment potential and existing 900 SF building.
      12832 85Th St, Kirkland, WA 98033
      View Details
    • $2,698,990
      2,836 SF

      New Contemporary Home in Moss Bay

      Stunning new home near Kirkland waterfront with lake and mountain views.
      207 2Nd Ave S, Kirkland, WA 98033
      View Details
    • $3,475,000

      Prime Land in Bridle Trails

      Large lot with potential for custom home in Kirkland.
      6140 130Th St, Kirkland, WA 98033
      View Details
    • $1,285,600

      Kirkland Development Opportunity on .23 Acres

      .23 acre lot in North Rose Hill with development potential.
      12856 NE 91St St, Kirkland, WA 98033
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    • $12,000,000

      High-Visibility Kirkland Office Building

      Prime I-405 location, stunning views, ample parking.
      11109 Slater Ave, Kirkland, WA 98033
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      3,423 SF

      Kirkland Retail with Drive-Thru

      Retail space with drive-thru and high traffic visibility.
      12801 NE 85Th St, Kirkland, WA 98033
      View Details
    • Contact for pricing
      3,360 SF

      Kirkland Restaurant Space for Sublease

      Adaptable restaurant space with outdoor seating in downtown Kirkland.
      232 Central Way, Kirkland, WA 98033
      View Details
    • Contact for pricing
      2,995 SF

      Retail Space for Lease

      Retail spaces suitable for bakery, coffee shop, or restaurant.
      177 Central Way, Kirkland, WA 98033
      View Details
    • Contact for pricing
      9,226 SF

      Downtown Kirkland Retail Gem

      Prime location, 1,044 sq ft storefront.
      30 Lake Shore Plz, Kirkland, WA 98033
      View Details
    • Contact for pricing
      2,450 SF

      Kirkland Retail Space Available

      Retail space in a shopping center with ample parking.
      10702 NE 68Th St, Kirkland, WA 98033
      View Details
    • $45 SF/Yr
      870 SF

      Kirkland Retail Space Available

      Retail space available for lease in Kirkland, Washington.
      255 Central Way, Kirkland, WA 98033
      View Details

    Property Visit Statistics

    • Visits by month
      45.5k
    • Visitors by month
      26.8k
    • Avg Time on site
      15 min
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    8515 124th NE Ave
    Kirkland, WA 98033-5857
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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