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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Retail space
10204 Main St Bellevue, WA 98004-6120
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0060394
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,730 SF
Lot
0.07 ac (3,000 SF)
Zoning code
DNTN-OB
APN
689930-0050
UPID
US90-0060394
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Infinity Tree Garden Center
-
Diamonds Inc. Big Box & Wholesale Store
-
Rouge Cocktail Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Legacy Main Street LLC · 5 yrs held
Legacy Main Street LLC
since 2021
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
DNTN-OB · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,675,000
ML approach
$2,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10% · vs last sale $2.90M (Jun 25 2021)
Last sale anchor
$2.90M
Jun 25 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,575 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$13,473
Tax year 2022
Assessed value
$1,903,000
Assessed 2022
Previous assessed
$1,903,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$1,575,000
Assessed improvement
$328,000
Land market value
$1,575,000
Improvement market value
$328,000
Total market value
$1,903,000
Applied tax rate
330.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
1,730 SF
Lot
0.07 ac (3,000 SF)
Zoning code
DNTN-OB
APN
689930-0050
UPID
US90-0060394
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DNTN-OB · Bellevue, WAZoning DNTN-OB · permitted uses
DNTN-OB · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Legacy Main Street LLC
Entity
Mailing address
400 112TH AVE NE STE #230, BELLEVUE, WA 98004-5545
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
$2,900,000
Legacy Main Street LLC
Jab Properties LLC
Warranty Deed
—
Mar 26, 2021
—
Jab Properties LLC
—
Deed
related
$1,352,995 · Eastside Funding LLC
Aug 12, 2020
—
Jab Properties LLC
—
Deed
related
$1,050,000 · Main Street Lenders LLC
Sep 20, 2019
—
Jab Properties LLC
—
Deed
related
$895,542 · Veristone Fund I LLC
Apr 28, 2017
—
Jab Properties LLC
—
Deed
related
$730,000 · Us Bank NA
May 20, 2016
—
Jab Properties LLC
—
Deed
related
$695,000 · Homestreet Bank
Nov 30, 2015
—
Jab Properties LLC
—
Trustees Deed
related
$727,348 · Veristone Fund I LLC Veristone Fund I LLC
Jan 12, 2006
—
Jab Properties LLC
Baker,jackson A & Carolyn C
Quit Claim Deed
related
—
Nov 12, 2004
$750,000
Jackson A Baker
Kim,jonathan & Sonyong
Warranty Deed
—
Oct 20, 1999
$400,000
Jonathan Kim
Black,florence A
Grant Deed
$350,000 · Seller
—
—
Jab Properties LLC
—
Deed Of Trust
related
$1,050,000 · Main Street Lenders LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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