Entity Owned Property summary
AI-generated overview
This 721-square-foot retail space is located in Kirkland, Washington, in the Juanita Village mixed-use residential and commercial area. The unit was previously configured as a hair salon and retains built-in infrastructure for two sinks, as well as washer and dryer hookups, with access to shared restrooms. The property provides on-site retail parking and is positioned for convenient access to major employment centers, with I-405 located within a short drive. Nearby are Juanita Beach Park and other recreational areas, and the space is configured to support uses such as retail, wellness, beauty, or personal services.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
212,688 SF
Lot
1.46 ac (63,468 SF)
Zoning code
JBD 1
APN
375790-0005
UPID
US90-1443540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Building Apartment Complex
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$54.66M
Comparable Approach
Comparable
$36.54M
Blend (final)
Blend
$57.81M
Owner & transaction history
since 2019
7 recorded transactions
Zoning & alternative use
JBD 1 · Kirkland, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$57.81M
Value range
$52.03M – $63.59M
±10% around blend
Estimated value / SF
$272 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$52.03M
blend $57.81M
$63.59M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
212,688 SF
Lot area
1.46 ac
Year built
2005
Stories
6
APN
375790-0005
Zoning
JBD 1
Assessed value
$108,273,100
Annual tax
$806,826
3
Income approach: direct capitalization
Partial preview
Income approach indication
$54.66M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$59.22M
@ 6.5% CAP return
$54.66M
@ 7% CAP return
$50.76M
4
Sales comparison
Partial preview
Sales approach indication
$36.54M
Range $9.56M – $46.34M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$57.81M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 433 sales
$510
-47%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $272/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$108.27M
Move the market yield to see immediate price impact.
Value / SF
$509
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$6.82M
$136.42M
$97.45M
$75.79M
$7.58M
$151.58M
$108.27M
$84.21M
$8.34M
$166.74M
$119.10M
$92.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$806,826
Tax year 2022
Assessed value
$108,273,100
Assessed 2022
Previous assessed
$108,273,100
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$3,935,000
Assessed improvement
$104,338,100
Land market value
$3,935,000
Improvement market value
$104,338,100
Total market value
$108,273,100
Applied tax rate
1,806.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
4
Stories
6
Units
211
Total area
212,688 SF
Lot
1.46 ac (63,468 SF)
Zoning code
JBD 1
APN
375790-0005
UPID
US90-1443540
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
JBD 1 · Kirkland, WAZoning JBD 1 · permitted uses
JBD 1 · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
6
Buildings
4
Units
211
Lot
1.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
JBD 1
Jurisdiction
Kirkland, WA
Recorded code
JBD 1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for JBD 1 in Kirkland, WA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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