Financial
Distress signals
Property profile

2600 116th NE Ave Bellevue, WA 98004

OFF-MARKET
Office buildings
Property ID
US90-1412217
51,243 SF 2.22 ac lot Built 2001
Last sale Oct 2021 · $18,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space located in Bellevue, Washington, with a total interior area of 11,186 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$115k
Tax billed · 2022
Assessed value$16.31M
Assessed land$6.76M
Assessed improvement$9.55M
Effective rate0.71%

Value estimate

· Sep 2026
$15.13M
$13.62M – $16.64M
CAP approach$18.35M
Submarket $/SF estimate$16.06M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$548/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$300 – $771
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OLB
Office and Limited Business Districts provide areas for the location of integrated complexes made up of offices, hotels or motels, eating...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.0
Auto Parts Store10.7
Garden Center10.7

Location

2600 116th NE Ave Bellevue, WA 98004-1426
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2229 112th NE, Bellevue, WA 98004-2981 $16,000,000 Feb 2025 34,120 SF
2233 112th NE, Bellevue, WA 98004-2936 $16,000,000 Feb 2025 27,678 SF
11400 8th, Bellevue, WA 98004-6461 $48,399,583 Feb 2023 152,889 SF
10801 Main, Bellevue, WA 98004-6366 $29,500,000 Dec 2022 36,772 SF
3009 112th NE, Bellevue, WA 98004-8006 $83,834,518 Sep 2021 62,727 SF
305 108th NE, Bellevue, WA 98004-5786 $32,500,000 Jul 2021 32,628 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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