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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Automotive properties
Kirkland, WA 98033
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1752228
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2006
Construction
STEEL FRAME
Total area
6,633 SF
Lot
0.53 ac (23,271 SF)
Zoning code
RH 2A
APN
123310-0200
UPID
US90-1752228
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
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$969k
Blend (final)
Blend
$905k
Owner & transaction history
11845 Investments LLC · 3 yrs held
11845 Investments LLC
since 2023
7 recorded transactions
Zoning & alternative use
RH 2A · 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
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$136 / 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
$127,177
Tax year 2022
Assessed value
$16,934,600
Assessed 2022
Previous assessed
$16,934,600
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,279,900
Assessed improvement
$15,654,700
Land market value
$1,279,900
Improvement market value
$15,654,700
Total market value
$16,934,600
Applied tax rate
1,701.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Total area
6,633 SF
Lot
0.53 ac (23,271 SF)
Zoning code
RH 2A
APN
123310-0200
UPID
US90-1752228
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RH 2A · Kirkland, WA
Zoning RH 2A · permitted uses
RH 2A · 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
2006
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
11845 Investments LLC
Entity
Mailing address
11845 NE 85TH ST, KIRKLAND, WA 98033-8042
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2023
—
11845 Investments LLC
Lmj Enterprises Limited Partnership
Quit Claim Deed
related
$30,000,000 · Symetra Life Insurance Co
Mar 5, 2020
—
Lmj Ents LP
—
Deed
related
$18,000,000 · Jp Morgan Chase Bk
Apr 13, 2018
—
Lmj Ents LP
—
Deed
related
$12,000,000 · Chase Bk/md
Nov 27, 2017
—
Lmj Ents LP
—
Deed
related
$19,578,472 · Jp Morgan Chase Bk
Jan 22, 2009
—
Kirkland City
Lmj Ents
Warranty Deed
related
—
Jun 3, 2008
—
Lmj Ents
—
Deed Of Trust
related
$9,400,000 · Bank Of America
Aug 17, 2006
—
Lmj Ents
—
Trustees Deed
related
$500,000 · Bank Of America
Jun 23, 1995
—
Lmj Enterprises LP
Johnson,leroy M & Ginny J
Quit Claim Deed
related
—
Feb 4, 1992
—
Leroy M Johnson
Johnson,leroy M-
Quit Claim Deed
related
—
—
—
Lmj Ents LP
—
Loan Modification
related
$18,000,000 · Jp Morgan Chase Bk
—
—
Lmj Ents LP
—
Deed Of Trust
related
$19,578,472 · Jp Morgan Chase Bk
—
—
Lmj Ents LP
—
Loan Modification
related
$12,000,000 · Chase Bk/md
—
—
Lmj Ents
—
Deed Of Trust
related
$4,700,000 · Bank Of America
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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