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    Property profile & analytics

    11723 8th St Bellevue, WA 98005-3005

    • Drive through restaurants
    • 2,902 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1660342
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 11723 8th St

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Property size
    2,902 SF
    Zone code
    GC
    Property type
    Drive through restaurants
    APN
    332505-9169
    APU
    3325059169

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.183
    Latitude
    47.6168
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $36,462
    $5,153,700
    $1,000
    $5,154,700
    -
    $5,153,700
    $1,000
    $5,154,700

    Comparable in this City

    • Value Estimation by Request
      0.37 Acres

      13837 20th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.37 Acres
      13837 20th St, Bellevue, WA 98005-2012
      View Details
    • Value Estimation by Request
      4,020 SF

      13841 20th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,020 SF
      13841 20th St, Bellevue, WA 98005-2012
      View Details
    • Value Estimation
      $295,000
      0.09 Acres

      13831 20th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.09 Acres
      13831 20th St, Bellevue, WA 98005-2012
      View Details
    • Value Estimation by Request
      6,568 SF

      1644 140th NE Ave

      RESTAURANT • 6,568 SF
      1644 140th NE Ave, Bellevue, WA 98005-2302
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    • Value Estimation by Request
      6,770 SF

      11855 Bel-Red Rd

      Restaurants • 6,770 SF
      11855 Bel-Red Rd, Bellevue, WA 98005
      View Details
    • Value Estimation by Request
      2,025 SF

      11802 8th St

      RESTAURANT • 2,025 SF
      11802 8th St, Bellevue, WA 98005-3007
      View Details

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    • $33 SF/Yr
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      Retail properties • 10,300 SF
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    Property Visit Statistics

    • Visits by month
      18.4k
    • Visitors by month
      13.9k
    • Avg Time on site
      15 min
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    11723 8th St
    Bellevue, WA 98005-3005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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