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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Medical Office Space
1050 140th NE Ave Bellevue, WA 98005-2972
Individually Owned
14-yr Hold
Free & Clear
Property ID
US90-0923692
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
WOOD
Total area
12,763 SF
Lot
1.02 ac (44,288 SF)
Zoning code
PO
APN
272505-9249
UPID
US90-0923692
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
-
Amy Yam Pediatrician Physician
-
Angela Yue Pediatrician Physician
-
Dr. Dennis Pang Pediatrician Medical Clinic
-
Dr. Ann Lu Pediatrician Physician
-
Sing Hsie Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
International Community Health · 14 yrs held
International Community Health
since 2012
7 recorded transactions
Zoning & alternative use
PO · 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%
$3,455,000
6.5%
$3,190,000
7%
$2,960,000
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±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
$179 / 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
$12
Tax year 2022
Assessed value
$4,355,900
Assessed 2022
Previous assessed
$4,355,900
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$2,878,700
Assessed improvement
$1,477,200
Land market value
$2,878,700
Improvement market value
$1,477,200
Total market value
$4,355,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Total area
12,763 SF
Lot
1.02 ac (44,288 SF)
Zoning code
PO
APN
272505-9249
UPID
US90-0923692
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PO · Bellevue, WA
Zoning PO · permitted uses
PO · 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.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
International Community Health
Individual
Free & Clear · 14 yrs held
Mailing address
PO BOX 3007, SEATTLE, WA 98114-3007
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
—
International Community Health Serv
—
Deed
related
$16,269,500 · Wells Fargo Bank NA
May 12, 2020
—
International Cmnty Health Svc
—
Deed
related
$1,568,000 · Department/commerce Cap Facili
May 18, 2012
$1,615,000
International Community Health
Due Family Ents LLC
Warranty Deed
—
Sep 27, 1999
—
Due Family Enterprises LLC
Due Trust
Quit Claim Deed
related
—
May 22, 1989
$615,000
Robert Due
Time
Grant Deed
—
—
—
International Cmnty Health Svc
—
Deed Of Trust
related
$10,160,000 · Washington Health Care Facilit
—
—
International Cmnty Health Svc
—
Deed Of Trust
related
$1,568,000 · Department/commerce Cap Facili
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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