Commercial Land
New
For Sale
Contact for pricing
1632 116th Ave NE, Bellevue, WA 98004
Existing tenants are on leases of two years or less, offering flexibility as plans for the site take shape.
Property Size79,099 SF
Days on Market7
Property Features for 1632 116th Ave NE
General Information
Standard status
Active
Size
79,099 SF
Property subtype
OFFICE
Listing Agency:
Skyline Properties, Inc
(425) 455-2065
Listed By:
Chesil Thye
(425) 444-7512
Source:
Moodyscre
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 11 at 4:13AM
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 Skyline Properties, Inc
Investment Insights
Based on property information with market context.
This Bellevue commercial land assemblage totals 79,099 square feet across properties at 1632 and 1700 116th Ave NE. Existing tenants occupy the properties under leases of two years or less, providing a short-term occupancy component while future plans are considered.
The site is near Overlake Medical Center and Seattle Children’s Bellevue, with access to Downtown Bellevue and major employment centers. An anticipated Land Use Code Amendment is expected to raise allowable FAR from 4.0 to 8.0; the change remains prospective. The properties may be planned as one integrated project or as two separate buildings.
The site is near Overlake Medical Center and Seattle Children’s Bellevue, with access to Downtown Bellevue and major employment centers. An anticipated Land Use Code Amendment is expected to raise allowable FAR from 4.0 to 8.0; the change remains prospective. The properties may be planned as one integrated project or as two separate buildings.
Key Highlights
- 79,099‑square‑foot assemblage at 1632 and 1700 116th Ave NE
- Existing tenants have leases of two years or less
- Anticipated Land Use Code Amendment may increase allowable FAR from 4.0 to 8.0
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,896
Businesses Nearby
Explore this area
Business Placement
Demographics for 98004, WA
39,136
Population
20,977
Households
1.9
Avg Household Size
37
Median Age
76%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,361
Density / Sq Mi
$176,367
Median Household Income
$120,667
Median Earnings
$2,706
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Existing tenants are on leases of two years or less, offering flexibility as plans for the site take shape.
Where is this commercial land located?
The property is located at 1632 116th Ave NE Bellevue, WA.
What are key features of this property?
This property features: 79,099‑square‑foot assemblage at 1632 and 1700 116th Ave NE; Existing tenants have leases of two years or less; Anticipated Land Use Code Amendment may increase allowable FAR from 4.0 to 8.0
