Seattle · Commercial sale
Taylor Morrison Northwest buys 12631 NE 85th St in Kirkland for $27 million
A retail building at 12631 NE 85th St, Kirkland sold for $27,000,000 on September 14, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $27,000,000
- Sold
- September 14, 2026
- Property type
- Retail building
- Lot size
- 149,049 sq ft
A retail building at 12631 NE 85th St in Kirkland sold for $27,000,000 on September 14, 2026, according to the King County Department of Assessments' sales records. The price represents a 65% jump over the Assessor's market value of $16,396,300.
Rosehill Kirkland LLC sold the property to Taylor Morrison Northwest LLC. The Assessor's records show a 3.42-acre lot.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $779,075 for the state real estate excise tax (graduated) and $135,000 for the local real estate excise tax (0.50%). The seller's estimated net is $25,861,436 before brokerage commissions and any loan payoff. A cash buyer would need about $26,829,906 at closing.
Source: King County Department of Assessments, real property sales, document 3394955. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
