You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

301 116Th Ave SE Bellevue, WA 98004

Office buildings Google Maps
68,425 SF 3.61 ac lot Built 1979
Entity Owned 20-yr Hold ~ Est. High Equity
Estimated value (blended)
$12.03M
Range $10.83M – $13.23M (±10%)
Property ID US90-1268673

Property summary

AI-generated overview

This well-maintained, five-story concrete and steel office building offers a variety of spaces suitable for traditional office, executive suites, coworking, or medical practices. Located in Bellevue, Washington, at 301 116th Ave SE, 98004, this property boasts exceptional access to major transportation arteries, including the I-405 and I-90 freeways. The building features an on-grade parking garage providing generous parking capacity—over four spaces per 1000 square feet—ensuring convenient parking for tenants and visitors. The building is privately owned, reflecting a commitment to long-term property management and ongoing reinvestment in building improvements and maintenance. Multiple tenancy options are available, catering to diverse business needs and sizes. The building's location in King County provides easy access to a thriving business community and a rich array of amenities. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a desirable area of Bellevue. The building's robust construction and ample parking make it an attractive option for a variety of commercial uses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction CONCRETE
Total area 68,425 SF
Lot 3.61 ac (157,400 SF)
Zoning code OLB
APN 322505-9144
UPID US90-1268673

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • City Government Office
  • Loan Service Bank
  • Loan Service Bank
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.03M

Owner & transaction history

since 2006
7 recorded transactions
2006
$16.0M
2005
Price N/A
2005
Price N/A
2004
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OLB · Bellevue, WA
Zoning description

Office and Limited Business Districts provide areas for the location of integrated complexes made up of offices, hotels or motels, eating establishments and retail sales accessory to permitted uses. Such districts are lo…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message