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Property profile & analytics
OFF-MARKET Estimated value $45,775,000
Parking lots & garages

Redmond, WA 98052

4.91 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US90-2326513
Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 4.91 ac (213,880 SF)
Zoning code TWNC
APN 720241-0160
UPID US90-2326513
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
$45.78M
Owner & transaction history
Wbmt Buildings LLC · 4 yrs held
Wbmt Buildings LLC
since 2022
Last sale
$47.5M
7 recorded transactions
2022
Price N/A
2022
$29.5M
2020
Price N/A
2009
Price N/A
1999
$47.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TWNC · Redmond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(OT), Anderson Park (AP), Town Center (TWNC), Valley View (VV), Trestle (TR), Bear Creek (BC), Sammamish Trail (SMT), Town Square (TSQ), River Bend (RVBD), River Trail (RVT), Carter (CTR), East Hill (EH) • Overlake Mixed-Use (OV) zones - Overlake Village (OV) Overlake Business and Advanced Technology (OBAT), Overlake Urban Multifamily (OUMF) Ch. 21.04 Land U…

Zone name Town Center
General category RESIDENTIAL
Zone area 150.57 ac
Source Zoning Code | Redmond, WA
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