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Property profile & analytics
OFF-MARKET Estimated value $4,260,000
Warehouses

9345 151st NE Ave Redmond, WA 98052-3515

12,499 SF 0.82 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1428241
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,499 SF
Lot 0.82 ac (35,687 SF)
Zoning code MP
APN 720170-0060
UPID US90-1428241
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
  • AVSCalibrations Inc. Auto Repair Shop
  • Propella Electric Bikes (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.60M
Blend (final) Blend
$4.26M
Owner & transaction history
Cougginit LLC · 5 yrs held
Cougginit LLC
since 2020
Last sale
$3.9M
7 recorded transactions
2020
$3.9M
2015
$2.5M
2015
Price N/A
2015
Price N/A
2012
Price N/A
1993
$1.0M
1988
$800,000
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
Restaurant $6.6M +84.9%
Auto repair, garage $5.7M +60.0%
Medical building $4.9M +37.7%
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