Village at Redmond Ridge - 23475 NE Novelty Hill Road
23475 NE Novelty Hill Road, Redmond, WA 98053
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- Property Type Retail - Neighborhood Center
- Property Size 54,374 SF
- Lot Size 5.38 Acre
- Property Tenancy Multi-Tenant
- Year Built 2005
- City Redmond, WA
- Neighborhood Union Hill-Novelty Hill
- Zip Code 98053
- Market Seattle
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Redmond
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Redmond Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $28.28
- 2020 Office Vacancy Rate 5.99%
- 2020 Office Completions (SF)
Redmond Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $436.84
- Y-o-Y Avg. PpSF Change 40.06%
- 2020 Office Sales Volume $285M
- 2020 Number of Transactions 3
- Property Tax in 2022 $112,299
- Market Value* $11,312,100
- Assessed Value $11,312,100
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Village at Redmond Ridge - 23475 NE Novelty Hill Road?
Village at Redmond Ridge - 23475 NE Novelty Hill Road totals 54,374 square feet.
When was this property built?
Village at Redmond Ridge - 23475 NE Novelty Hill Road was built in 2005.
What is the property tax for Village at Redmond Ridge - 23475 NE Novelty Hill Road?
The property tax for Village at Redmond Ridge - 23475 NE Novelty Hill Road in 2022 was $112,299.
What is the market value for Village at Redmond Ridge - 23475 NE Novelty Hill Road?
The market value* for Village at Redmond Ridge - 23475 NE Novelty Hill Road in 2022 was $11,312,100.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.