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Property profile & analytics
OFF-MARKET
Automotive properties
Kirkland, WA 98033
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2381169
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
65,215 SF
Lot
3.21 ac (139,783 SF)
Zoning code
RH 2B
APN
123310-0145
UPID
US90-2381169
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
11845 Investments LLC · 3 yrs held
11845 Investments LLC
since 2023
Last sale
$335,000
7 recorded transactions
Zoning & alternative use
RH 2B · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$57,668
Tax year 2022
Assessed value
$6,150,400
Assessed 2022
Previous assessed
$6,150,400
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$6,150,400
Land market value
$6,150,400
Total market value
$6,150,400
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
1
Bathrooms
1
Total area
65,215 SF
Lot
3.21 ac (139,783 SF)
Zoning code
RH 2B
APN
123310-0145
UPID
US90-2381169
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RH 2B · Kirkland, WA
Zoning RH 2B · permitted uses
RH 2B · 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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
2
Bathrooms
1
Lot
3.21 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
8 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
Nov 6, 2020
—
Lmj Ents LP
—
Deed
related
—
Mar 5, 2020
—
Lmj Ents LP
—
Deed
related
$18,000,000 · Jp Morgan Chase Bk
Apr 13, 2018
—
Lmj Ents LP
—
Loan Modification
related
$12,000,000 · Chase Bk/md
Nov 27, 2017
—
Lmj Ents LP
—
Grant Deed
related
$19,578,472 · Jp Morgan Chase Bk
Feb 14, 1992
$335,000
Leroy M Johnson
Hardwick
Grant Deed
—
—
—
Lmj Ents LP
—
Loan Modification
related
$18,000,000 · Jp Morgan Chase Bk
—
—
Lmj Ents LP
—
Deed Of Trust
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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