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Financial
Distress signals
Property profile

9725 SE 36Th St Mercer Island, WA 98040

FOR LEASE
Office buildings
Property ID
US90-0206000
26,274 SF 1.61 ac lot Built 1979
Last sale May 2000 · $5,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space located on Mercer Island with convenient access to Interstate 90. It includes well-maintained exterior grounds and landscaping, and provides surface parking in a dedicated lot. High-speed internet service is accessible. The office area totals 894 square feet and includes a building entry area with territorial views and private office rooms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$52k
Tax billed · 2022
Assessed value$8.45M
Assessed land$3.92M
Assessed improvement$4.52M
Effective rate0.61%

Value estimate

· Oct 2026
$4.88M
$4.39M – $5.36M
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$6k
Operating expenses−$6k
NOI · 570.71% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$377/SF
County average, outlier-cleaned · 676 recorded sales of this use type
Observed band · Q1–Q3$219 – $623

Cap rate analysis

How does the asset earn?
570.71%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CO
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.9
Restaurant28.8
Building Supply24.4

Location

9725 SE 36Th St Mercer Island, WA 98040
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3003 77th SE, Mercer Island, WA 98040-2837 $114,095,000 Apr 2022 155,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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