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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Retail space
Kirkland, WA 98034
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US90-2449664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
WOOD FRAME
Total area
9,348 SF
Lot
0.97 ac (42,337 SF)
Zoning code
BC 1
APN
202605-9146
UPID
US90-2449664
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Juanita Firs Associates LP · 24 yrs held
Juanita Firs Associates LP
since 2002
7 recorded transactions
Zoning & alternative use
BC 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$135 / 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
$15,139
Tax year 2022
Assessed value
$1,524,100
Assessed 2022
Previous assessed
$1,524,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,524,100
Land market value
$1,524,100
Total market value
$1,524,100
Applied tax rate
1,708.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Total area
9,348 SF
Lot
0.97 ac (42,337 SF)
Zoning code
BC 1
APN
202605-9146
UPID
US90-2449664
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BC 1 · Kirkland, WA
Zoning BC 1 · permitted uses
BC 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
1976
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Juanita Firs Associates LP
Entity
Mailing address
1912 E MCGRAW ST, SEATTLE, WA 98112-2629
Ownership since
2002
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
Feb 27, 2023
—
Juanita Firs Associates LLC
—
Deed
related
$2,000,000 · American United Life Insurance Company
Feb 7, 2013
—
Juanita Firs Associates LP
—
Deed Of Trust
related
$8,000,000 · Nationwide Life Insurance Co
Apr 17, 2003
—
Juanita First Associates LP
—
Deed Of Trust
related
$6,500,000 · Nationwide Life Insurance Co
Jan 29, 2003
—
Juanita First Associates LP
—
Deed Of Trust
related
$5,200,000 · Us Bank NA
Jan 22, 2002
$1,325,000
Juanita Firs Associates LP
Jf Investors LLC
Grant Deed
$1,350,000 · Us Bank NA
Dec 31, 2001
—
Jf Investors LLC
Jf Investors Gp
Quit Claim Deed
related
—
Jul 24, 1992
—
Adc Distribution Corp
Pay-n-save Drug
Grant Deed
related
—
—
—
Juanita Firs Investors
—
Deed Of Trust
related
$45,000 · Frontier Bank
—
—
Juanita Firs Investors
—
Deed Of Trust
related
$100,000 · Frontier Bank
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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