Property profile

11010 NE 8Th St Bellevue, WA 98004

FOR LEASE
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Property ID
US90-0684146
252,063 SF 0.7 ac Built 2004
Last sale May 1996·$1,610,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,095-square-foot retail space located in downtown Bellevue on 8th Street, adjacent to the Courtyard by Marriott. The space was configured for a coffee shop use and includes a restroom. It offers access to free retail parking and is positioned among nearby luxury apartments, condos, and Class A office uses, supporting a pedestrian-oriented setting. The layout is suitable for café, coffee shop, or other food and beverage concepts.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$501k
Tax billed · 2024
Assessed value · 2023$65.60M
Assessed land$14.51M
Assessed improvement$51.08M
Effective rate0.76%

Value estimate

· Nov 2026
$1.61M
$1.45M – $1.77M
AI approach$1.61M
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$335/SF
County average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$197 – $495

Cap rate analysis

How does the asset earn?
$30k 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?
DNTN-R
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

11010 NE 8Th St Bellevue, WA 98004
County assessor Recorded deeds · 8 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10621 12th, Bellevue, WA 98004-4327 $20,125,000 Jun 2025 40,642 SF
965 108th NE, Bellevue, WA 98004-4361 $558,885 Oct 2024 218,714 SF
11405 2nd, Bellevue, WA 98004-5218 $28,650,000 Feb 2024 75,405 SF
208 106th NE, Bellevue, WA 98004-5723 $83,571,888 Jul 2021 146,781 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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