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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Manufacturing properties
9215 151st NE Ave, Redmond, WA 98052-3511
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0486530
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
STEEL FRAME
Total area
9,200 SF
Lot
0.43 ac (18,936 SF)
Zoning code
MP
APN
720170-0053
UPID
US90-0486530
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
-
Respshop.com Medical Supply Store Medical Equipment Supplier
-
CPAPMan.com Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Yun Investment LLC · 9 yrs held
Yun Investment LLC
since 2016
7 recorded transactions
Zoning & alternative use
MP · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,425,000
7%
$1,320,000
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$130 / 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
$11,042
Tax year 2022
Assessed value
$1,501,800
Assessed 2022
Previous assessed
$1,501,800
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$946,800
Assessed improvement
$555,000
Land market value
$946,800
Improvement market value
$555,000
Total market value
$1,501,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
9,200 SF
Lot
0.43 ac (18,936 SF)
Zoning code
MP
APN
720170-0053
UPID
US90-0486530
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
MP · Redmond, WA
Zoning MP · permitted uses
MP · 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
Year built
1978
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Yun Investment LLC
Entity
Mailing address
3319 EVERGREEN PT RD, MEDINA, WA 98039-1024
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2017
—
Yun Investment LLC
—
Deed
related
$850,000 · Bank Of America
Dec 23, 2016
$1,725,000
Yun Investment LLC
Rduz LLC
Warranty Deed
—
Nov 29, 2012
$925,000
Rduz LLC
Industrial Revolution INC
Warranty Deed
$550,000 · Union Bank
Apr 3, 2007
—
Industrial Revolution INC
Ir Holdings LLC
Quit Claim Deed
related
—
Jan 20, 2006
$1,025,000
Ir Holdings LLC
William Douglas Maclean
Warranty Deed
$720,000 · Boeing Employees Cu
—
—
Industrial Revolution INC
—
Deed Of Trust
related
$900,000 · United Commercial Bank
—
—
Industrial Revolution INC
—
Deed Of Trust
related
$450,000 · United Commercial Bank
—
—
Rduz LLC
—
Deed Of Trust
related
$458,000 · Ameritrust Cdc
—
—
Rduz LLC
—
Deed Of Trust
related
$550,000 · Union Bank
—
—
Yun Investment LLC
—
Deed Of Trust
related
$850,000 · 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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