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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Medical Office Space
Kenmore, WA 98028
Entity Owned
15-yr Hold
Free & Clear
Property ID
US90-0510697
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2019
Construction
WOOD
Total area
5,068 SF
Lot
0.47 ac (20,366 SF)
Zoning code
DC
APN
011410-0610
UPID
US90-0510697
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Bfi-4 LLC · 15 yrs held
Bfi-4 LLC
since 2011
5 recorded transactions
Zoning & alternative use
DC · Kenmore, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
40.96 ac
Source
Realmo
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 Kenmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenmore 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%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$180 / 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
$14,185
Tax year 2022
Assessed value
$1,464,000
Assessed 2022
Previous assessed
$1,464,000
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$855,300
Assessed improvement
$608,700
Land market value
$855,300
Improvement market value
$608,700
Total market value
$1,464,000
Applied tax rate
1,442.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
OTHER
Stories
1
Total area
5,068 SF
Lot
0.47 ac (20,366 SF)
Zoning code
DC
APN
011410-0610
UPID
US90-0510697
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DC · Kenmore, WAZoning DC · permitted uses
DC · Kenmore, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
40.96 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
OTHER
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Bfi-4 LLC
Entity
Free & Clear · 15 yrs held
Mailing address
330 112TH AVE NE STE #200, BELLEVUE, WA 98004-5800
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
—
Bf4 LLC
—
Deed
related
$1,650,000 · Heritage Bank
Mar 8, 2011
$475,000
Bfi-4 LLC
Kenmore 10850 LLC
Warranty Deed
—
Oct 16, 2009
—
Kenmore City
Kenmore City
Quit Claim Deed
related
—
Oct 12, 2005
—
Boseck & Trustj Credit Trust Ptshp
Jaeger,arthur F
Quit Claim Deed
related
—
Nov 15, 2001
—
Kenmore 18050 LLC
Boseck & Trj Credit Trust Ptsh
Quit Claim Deed
related
—
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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