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Property profile & analytics
OFF-MARKET Estimated value $2,545,000
Warehouses

9255 151st NE Ave Redmond, WA 98052-3511

24,320 SF 1.12 ac lot Built 1979
Entity Owned 26-yr Hold Free & Clear
Property ID
US90-1219094
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,320 SF
Lot 1.12 ac (48,978 SF)
Zoning code MP
APN 720170-0062
UPID US90-1219094
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
  • Vintage Racing Motors Inc Auto Repair Shop
  • Sports Car Racing Research Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.55M
Owner & transaction history
South Cove Ventures LLC · 26 yrs held
South Cove Ventures LLC
since 2000
1 recorded transaction
2000
Price N/A
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
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