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Property profile & analytics
OFF-MARKET Estimated value $680,000
Warehouses

8705 Willows NE Rd Redmond, WA 98052-6587

2,862 SF 2.09 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Property ID
US90-1376378
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1978
Construction WOOD
Total area 2,862 SF
Lot 2.09 ac (91,000 SF)
Zoning code MP
APN 022505-9047
UPID US90-1376378
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
  • Redmond Mini Storage Storage Facility
  • Williams Flower & Gift - Redmond Florist (Bike/Boat/Book/etc) Store Florist
  • Storage Court Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$825k
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
REDMOND MINI STORAGE
REDMOND MINI STORAGE
Zoning & alternative use
MP · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• Manufacturing Park zone - MP • Industry zone - I • Regional Retail Design District - RR • Bear Creek Design District - BCDD1, BCDD2 • Marymoor Design District 3 - Marymoor Core (MMC), Marymoor Edge (MME), Marymoor Manufacturing (MMM) MDD1, MDD2, MDD3, MDD4, MDD5 • Northeast Design District - NDD1, NDD2, NDD3 • Northwest Design District - NWDD • Downtown Mi…

Zone name Manufacturing Park
General category INDUSTRIAL
Zone area 660.18 ac
Source Zoning Code | Redmond, WA
Top alternative use upside
Medical building $1.1M +37.7%
Retail stores $1.1M +36.7%
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