1540 Gilman BlvdIssaquah, WA 98027

Property Details for 1540 Gilman Blvd

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.57 AC

Property size (Sq ft)

39,780 SF

Zone code

UC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

542320-0030

APU

5423200030

Description

This exceptional retail space, part of a 39,780 square foot strip center, is ideally situated at 1540 NW Gilman Blvd in Issaquah, Washington, 98027. Built in 1984, the property is zoned UC and boasts a King County APN of 5423200030. The available space totals 3,548 square feet within a multi-tenant building. The property benefits from its location in a vibrant community offering a blend of urban amenities and access to outdoor recreation. Nearby Gilman Village provides a charming atmosphere with shops and restaurants, while the Issaquah Alps offer hiking and biking trails. Convenient access to I-90 ensures easy connectivity to Seattle and Bellevue. This presents a unique opportunity for businesses seeking a balance of natural beauty and urban convenience. The property's strong location and ample space make it an attractive investment for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $12,816,224

  6.5%

  $11,830,360

  7%

  $10,985,335

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,973,792

  Geo Method

  $19,305,298

• Alternative Use

  Use

  Valuation

  Residential

  $9,979,352

  Hospitality

  $9,141,033

  Educational

  $7,605,232

  Medical

  $7,866,788

  Retail

  $11,830,360

Location Insight

City

Issaquah

County

King

State

Washington

Latitude

47.5466

Longitude

-122.06

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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