Property profile

11520 Northup Way Bellevue, WA 98004

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US90-0593761
3,620 SF 0.53 ac Built 1978
Last sale Sep 2026·$3,149,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 11520 Northup in Bellevue is a 3,600-square-foot flex building on an approximately 22,890-square-foot flat lot. The building features 13-foot ceilings, three roll-up doors, a dedicated vented paint room, two bathrooms, gas forced-air heating, and a concrete exterior. Site improvements include a covered carport, a secured front gate, and parking for 30+ vehicles. The property is zoned GC (General Commercial) and includes an Office FAR of 0.50, with a 10-foot rear setback with…

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 · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value$1.72M
Assessed land$1.72M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Nov 2026
$515k
$464k – $567k
AI approach$330k
Submarket $/SF estimate$654k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$392/SF
County average, outlier-cleaned · 399 recorded sales of this use type
Observed band · Q1–Q3$181 – $680
Qualifying comparables17

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
General Commercial is a mixed retail and commercial designation that provides for the location of a wide variety of business activities t...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.2
HVAC Service15.5
Auto Parts Store14.9

Location

11520 Northup Way Bellevue, WA 98004
County assessor Recorded deeds · 8 transfers 17 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1614 Bellevue SE, Bellevue, WA 98004-7111 $4,400,000 May 2024 3,526 SF
138 107th NE, Bellevue, WA 98004-5908 $4,957,500 Mar 2024 2,840 SF
10713 Main, Bellevue, WA 98004-5921 $11,000,000 Jan 2022 3,000 SF
102 Bellevue NE, Bellevue, WA 98004-5974 $127,500,000 Sep 2021 4,800 SF
10350 10th, Bellevue, WA 98004-4212 $7,800,000 Sep 2019 5,480 SF
308 105th NE, Bellevue, WA 98004-5792 $6,200,000 Jan 2019 6,572 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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