Financial
Distress signals
Property profile

12729 Northup Way Bellevue, WA 98005

OFF-MARKET
Office buildings
Property ID
US90-0956653
19,616 SF 5.23 ac lot Built 1979
Last sale Nov 2021 · $33,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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?
$121k
Tax billed · 2022
Assessed value$17.08M
Assessed land$17.08M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Sep 2026
$26.56M
$23.90M – $29.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$342/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$167 – $598

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?
BR-R
The purpose of the BelRed-R Land Use District is to provide an area for residential uses. Limited retail and service uses are permitted s...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.4
Catering Service9.2
Florist8.8

Location

12729 Northup Way Bellevue, WA 98005-1935
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
875 140th NE, Bellevue, WA 98005-3400 $6,500,000 Apr 2024 23,482 SF
275 118th SE, Bellevue, WA 98005-3538 $28,000,000 Oct 2022 20,964 SF
12835 Bel Red, Bellevue, WA 98005-2631 $12,000,000 Dec 2021 18,387 SF
12721 Bel Red, Bellevue, WA 98005-2605 $7,000,000 Jul 2021 19,209 SF
12230 Northup, Bellevue, WA 98005 $8,000,000 Jul 2020 16,400 SF
2100 124th NE, Bellevue, WA 98005-1934 $6,000,000 Dec 2019 24,118 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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