9660 153rd NE Ave Redmond, WA 98052-2546
Property profile & analytics
9660 153rd NE Ave Redmond, WA 98052-2546
- Manufacturing properties
- 34,700 SF
- 1.50 lot acres
Property ID
US90-0386171
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.
Location Intelligence
Current Use by Public Records
- Childs Play Charity / Charitable Organization / Social Service Agency
Property Details for 9660 153rd NE Ave
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.50 lot acres
- Property size
- 34,700 SF
- Zone code
- MP
- Property type
- Manufacturing properties
- APN
- 943050-0121
- APU
- 9430500121
Description
This exceptional flex space, known as the Penny Arcade Building, presents a unique investment opportunity in Redmond's desirable Willows Industrial District. The property encompasses a total of 33,225 square feet of net rentable space, housed within a single two-story building situated on a 1.5-acre lot. The building features a versatile layout combining 17,748 square feet of office space with a spacious warehouse area. The warehouse boasts a 29-foot ceiling height and convenient loading capabilities, including two dock-high doors. The property is zoned MP, providing flexibility for a variety of uses. The building's location at 9660 153rd Ave NE in Redmond, WA 98052, offers excellent access to major transportation arteries, including the expanding East Link Light Rail, and is conveniently located near Redmond Town Center, Willows Run Golf Complex, and Marymoor Park. The property is owned by FC Industries LLC and features two units across one building. This prime location, combined with the building's functional design and ample space, makes it an ideal choice for businesses seeking a blend of office and warehouse functionality in a thriving area. The property's APN is 943050-0121. The building offers 1000 amps of power.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,815,000
- 6.5%
- $5,370,000
- 7%
- $4,985,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,878,000
Market price range: $6.67M - $21.0M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $13,235,000 Current use
- MEDICAL BUILDING
- $13,705,000 Change: +4% Conversion: Difficult
- RETAIL STORES
- $13,610,000 Change: +3% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $12,030,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- King
- State
- Washington
- Longitude
- -122.134
- Latitude
- 47.688
- 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
2022
$42,061
$3,266,900
$2,461,000
$5,727,900
-
$3,266,900
$2,461,000
$5,727,900
