Medical Office Building and Development
15700 NE Bel Red Rd Bellevue, WA 98008
For Sale
Contact for pricing
Medical/dental office building on a development site, recently upzoned to NMU for mid-rise mixed-use up to 110 feet.
Property Size6,291 SF
Price / SF$1,192
Days on Market94
Property Features for 15700 NE Bel Red Rd
General Information
- Standard status
- Active
- Size
- 6,291 SF
- Property subtype
- Land, Office
Building Details
- Year Built
- 1977
Listing Agency:
Westlake Associates, Inc.
(206) 623-8880
Listed By:
Chad Martini · License #WA 118627
Source:
Crexi
Added: Apr 22
Changed: Jul 22
Last Checked: Jul 23 at 11:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates, Inc.
Investment Insights
Based on property information with market context.
15700 NE Bel-Red Road includes an existing 6,291 SF medical/dental office building alongside development land. The property was recently upzoned to NMU (Neighborhood Mixed-Use), which supports mid-rise, mixed-use development with a 110-foot height limit.
Located on the Bel-Red Corridor in Bellevue, the site is described in the offering remarks as steps from Microsoft’s Overlake Campus and with immediate access to major transit investments, including the Overlake Light Rail Station.
For buyers considering timing and staging, the existing medical/dental office building provides an opportunity for owner-user use or interim income generation prior to redevelopment, subject to applicable approvals and requirements.
Located on the Bel-Red Corridor in Bellevue, the site is described in the offering remarks as steps from Microsoft’s Overlake Campus and with immediate access to major transit investments, including the Overlake Light Rail Station.
For buyers considering timing and staging, the existing medical/dental office building provides an opportunity for owner-user use or interim income generation prior to redevelopment, subject to applicable approvals and requirements.
Key Highlights
- 6,291 SF medical/dental office building on a development site
- Recently upzoned to NMU (Neighborhood Mixed‑Use) for mid‑rise mixed‑use development
- NMU zoning supports development up to an 110‑foot height limit
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Medical/dental office building on a development site, recently upzoned to NMU for mid-rise mixed-use up to 110 feet.
Where is this commercial land located?
The property is located at 15700 NE Bel Red Rd Bellevue, WA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 6,291 SF medical/dental office building on a development site; Recently upzoned to NMU (Neighborhood Mixed‑Use) for mid‑rise mixed‑use development; NMU zoning supports development up to an 110‑foot height limit
