Technical
Financial
Distress signals
Property profile

1135 116th NE Ave Bellevue, WA 98004

OFF-MARKET
Medical Office Space
Property ID
US90-0598487
208,891 SF 1.09 ac lot Built 2000
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction STEEL FRAME
Total area 208,891 SF
Lot 1.09 ac (47,310 SF)
Zoning code MI
APN 644811-0100
UPID US90-0598487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Mammography Service Hospital Department
  • Physician Medical Clinic
  • Dental Office
  • Dental Office

Location

1135 116th NE Ave Bellevue, WA 98004-4623
Bellevue metro Census 23702 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$35.61M

Owner & transaction history

since 2012
1 recorded transaction
2012
Price N/A

Zoning & alternative use

MI · Bellevue, WA
Zoning description

The purpose of the district is to encourage comprehensive long-term master development planning for the properties designated MI and to allow flexible dimensional standards to facilitate development of major medical inst…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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