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    1600-1750 124Th Ave NE Bellevue, WA 98005

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    For Lease
    $24 SF/Yr ($7,470 /Mo)

    Flex space in Bel-Red Corridor with distribution potential.

    Property size:
    3,659 SF
    Lot size:
    3.16 Acres

    Property Features for 1600-1750 124Th Ave NE

    General Information

    Size
    3,659 SF
    Lot size
    3.16 Acres

    Source: Colliers International WA, LLC Agent Jeff Kaiser

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

    Overview

    Bellevue Flex Space For Rent

    Located in the Bel-Red Corridor, this flex space offers potential for office and distribution use. Direct access single and double doors facilitate loading and unloading, suitable for last-mile businesses. Lower spaces feature 12-foot overhead doors and a 14-foot clear height. High-speed internet is available through CenturyLink. The property provides 3,659 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1741566
    Latitude
    47.6245893

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    FAQs

    What type of property is this?
    Distribution property - Flex space in Bel-Red Corridor with distribution potential.
    Where is this distribution property located?
    The property is located at 1600-1750 124Th Ave NE Bellevue, WA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime Bel-Red Corridor Location; - Direct access single and double doors for quick load/unload; - Suitable for office or 'last-mile' distribution space
    (425) 453-3145
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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
    1600-1750 124Th Ave NE Bellevue, WA 98005
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