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    1416 112Th Ave NE Bellevue, WA 98004

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    For Lease
    $30 SF/Yr ($13,447 /Mo)

    Two-story office building in Bellevue Medical Corridor for lease.

    Property size:
    5,379 SF
    Lot size:
    0.63 Acres

    Property Features for 1416 112Th Ave NE

    General Information

    Size
    5,379 SF
    Lot size
    0.63 Acres

    Source: Sea To Sky Realty Agent Lin Shen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bellevue Medical Corridor Office Space

    Located in downtown Bellevue within the Bellevue Medical Corridor, this two-story wood-frame building offers a mix of private offices and open work spaces. The property is situated 0.6 miles from the Bellevue Downtown Light Rail Station and provides convenient access to SR-520 and I-405. It features frontage and signage opportunities on 112th Avenue NE, offering good visibility. The building has been well-maintained and includes a new roof, upgraded HVAC, and a freshly painted exterior. Surface parking is available at a ratio of 4 spaces per 1,000 square feet. The property has a size of 5379 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cunningham Engineering Engineering Consultant

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Building Supply Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1903573
    Latitude
    47.6235516

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    FAQs

    What type of property is this?
    Office building - Two-story office building in Bellevue Medical Corridor for lease.
    Where is this office building located?
    The property is located at 1416 112Th Ave NE Bellevue, WA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Located in downtown Bellevue within the Bellevue Medical Corridor.; - Easy access to SR-520 and I-405.; - 0.6 miles from the Bellevue Downtown Light Rail Station.
    (408) 505-0355
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    Bellevue, WA 98004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1416 112Th Ave NE Bellevue, WA 98004
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