Financial
Distress signals
Property profile

10900 Northeast 8Th St Bellevue, WA 98004

FOR LEASE
Office buildings
Property ID
US90-1822660
350,055 SF 0.72 ac lot Built 1983
Last sale Nov 2017 · $239,837,377
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Office suite 613 comprises 1,912 square feet with a wide-open, flexible floorplan. The suite includes a full kitchen and access to shared building amenities, including an on-site fitness center, conference facilities, and a reservable tenant lounge. The building provides secured bike storage and a cafe. The property is located in Bellevue’s Business District, within walking distance of the transit center and light rail station, and near restaurants and other local amenities.

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?
$1.09M
Tax billed · 2022
Assessed value$154.82M
Assessed land$23.36M
Assessed improvement$131.46M
Effective rate0.71%

Value estimate

· Sep 2026
$10.78M
$9.70M – $11.85M
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$18k
Operating expenses−$19k
NOI · 153,171.05% cap applied$58k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
153,171.05%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DT-O-2-N
The purpose of the Downtown-O-2 District is to provide an area for intensive business, financial, retail, hotel, entertainment, instituti...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.6
Laundromat8.5
Catering Service8.3

Location

10900 Northeast 8Th St Bellevue, WA 98004
County assessor Recorded deeds · 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11110 8th, Bellevue, WA 98004 $75,025,000 Sep 2024 268,180 SF
11400 8th, Bellevue, WA 98004-6461 $48,399,583 Feb 2023 152,889 SF
2600 116th NE, Bellevue, WA 98004-1426 $18,800,000 Oct 2021 51,243 SF
600 112th SE, Bellevue, WA 98004 $84,100,000 Sep 2021 289,448 SF
3009 112th NE, Bellevue, WA 98004-8006 $83,834,518 Sep 2021 62,727 SF
110 110th NE, Bellevue, WA 98004-5828 $143,200,000 Aug 2021 458,250 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message