Seattle · Commercial sale

Nsra Realty Group buys 16101 NE 87th St in Redmond for $6.55 million

A retail building at 16101 NE 87th St, Redmond sold for $6,550,000 on August 25, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 16101 NE 87th St, Redmond with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.
Sale price
$6,550,000
Sold
August 25, 2026
Property type
Retail building
Lot size
46,371 sq ft

A retail building at 16101 NE 87th St in Redmond sold for $6,550,000, 49% below its recorded market value of $12,753,000. The market value and 1.06-acre lot are listed in the Assessor's records.

The sale took place on August 25, 2026, according to the King County Department of Assessments' sales records.

The record lists Gre Redmond 87 LLC as the seller and Nsra Realty Group LLC as the buyer.

What this sale costs to close

What does closing cost at this price? Under King County custom the seller's larger charges are $165,575 for the state real estate excise tax (graduated) and $32,750 for the local real estate excise tax (0.50%). The seller's estimated net is $6,298,863 before brokerage commissions and any loan payoff. A cash buyer would need about $6,512,727 at closing.

Run this net sheet with your numbers (free)

16101 NE 87th St, Redmond, WA.

Source: King County Department of Assessments, real property sales, document 3392924. 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.

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