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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Investment properties
9740 119th Way, Kirkland, WA 98034-8986
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1884468
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,752 SF
Lot
1.42 ac (61,866 SF)
Zoning code
JBD 1
APN
302605-9228
UPID
US90-1884468
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
-
Sailhouse Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Rise-cnbb Juanita Beach LP · 6 yrs held
Rise-cnbb Juanita Beach LP
since 2019
7 recorded transactions
Zoning & alternative use
JBD 1 · Kirkland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kirkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kirkland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,995,000
6.5%
$2,765,000
7%
$2,565,000
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$216 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$33,442
Tax year 2022
Assessed value
$3,711,900
Assessed 2022
Previous assessed
$3,711,900
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$3,711,900
Land market value
$3,711,900
Total market value
$3,711,900
Applied tax rate
1,806.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Total area
10,752 SF
Lot
1.42 ac (61,866 SF)
Zoning code
JBD 1
APN
302605-9228
UPID
US90-1884468
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
JBD 1 · Kirkland, WA
Zoning JBD 1 · permitted uses
JBD 1 · Kirkland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kirkland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Rise-cnbb Juanita Beach LP
Entity
Mailing address
1518 1ST AVE S STE #500, SEATTLE, WA 98134-1456
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
$100,992,500
Rise-cnbb Juanita Beach LP
Guardian Juanita Village LLC
Trustees Deed
$61,500,000 · Metlife R/e Lndg LLC
Jan 2, 2013
$72,204,307
Guardian Juanita Village LLC
Crea Juanita Village LLC
Grant Deed
—
Feb 10, 2006
—
Juanita Const INC
Avalonbay Communities INC
Grant Deed
related
—
Aug 31, 2001
—
Juanita Village LLC
—
Grant Deed
related
$1,000,000 · Key Bank NA
Jul 10, 2001
—
Juanita Village LLC
—
Deed Of Trust
related
$1,000,000 · Key Bank NA
Jan 18, 2001
$3,155,675
Landweer,james R & Shirley E
Juanita Village LLC
Trustees Deed
—
Jan 18, 2001
—
Juanita Village LLC
—
Deed Of Trust
related
$4,875,000 · Us Bank NA
Dec 24, 1996
—
Transpacific Corp
Woo,anita T
Quit Claim Deed
related
—
—
—
Juanita Village LLC
—
Deed Of Trust
related
$1,000,000 · Avalonbay Communities INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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