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Property profile & analytics
OFF-MARKET
Estimated value
$4,545,000
Commercial real estate
10210 8th St Bellevue, WA 98004-4218
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0599609
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,538 SF
Lot
0.74 ac (32,164 SF)
Zoning code
DNTN-MU
APN
570900-0184
UPID
US90-0599609
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
-
Farmers Insurance - Dennis Sutich Insurance Agency
-
Tierra Group Inc Property Management Company
-
MainGate Management Property Management Company
-
Alliance Multifamily Corporate Office Financial Advisor
-
The Dazzle Cleaning Company Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.55M
Owner & transaction history
Clise Bellevue One LLC · 4 yrs held
Clise Bellevue One LLC
since 2021
7 recorded transactions
Zoning & alternative use
DNTN-MU · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,650,000
6.5%
$4,290,000
7%
$3,985,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,410,000
Current use
AUTO REPAIR, GARAGE
$6,675,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$4.55M
Range $4.09M – $5.00M · ±10%
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
$313 / 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
$113,725
Tax year 2022
Assessed value
$16,083,000
Assessed 2022
Previous assessed
$16,083,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$16,082,000
Assessed improvement
$1,000
Land market value
$16,082,000
Improvement market value
$1,000
Total market value
$16,083,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
14,538 SF
Lot
0.74 ac (32,164 SF)
Zoning code
DNTN-MU
APN
570900-0184
UPID
US90-0599609
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DNTN-MU · Bellevue, WA
Zoning DNTN-MU · permitted uses
DNTN-MU · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellevue. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$6.7M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Clise Bellevue One LLC
Entity
Mailing address
1700 7TH AVE STE #1800, SEATTLE, WA 98101-1312
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
Clise Bellevue One LLC
Clise Properties INC
Intrafamily Transfer
related
—
May 10, 2021
—
Clise Properties INC
Fae Holdings 521088r LLC
Warranty Deed
—
Nov 16, 2020
$28,250,000
Fae Holdings 521088r LLC
Lc Mcausland LLC
Warranty Deed
—
Feb 28, 2019
—
Lc Mcausland LLC
Mcausland Real Property LLC
Quit Claim Deed
related
—
Jan 5, 2017
—
Mcausland Real Property LLC
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Dec 6, 2016
—
Mcausland Real Property LLC
Mcausland Donald M Trust
Quit Claim Deed
related
—
May 27, 2009
—
Mcausland Real Property LLC
Walker,mary M
Quit Claim Deed
related
—
May 21, 2009
—
Mary M Walker
Cmc Mcausland Trust
Quit Claim Deed
related
—
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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