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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Automotive properties
11815 8th St Bellevue, WA 98005-3006
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-2513660
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Construction
STEEL FRAME
Total area
20,210 SF
Lot
1.38 ac (60,189 SF)
Zoning code
GC
APN
332505-9149
UPID
US90-2513660
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
INFINITI of Bellevue Service & Parts Auto Repair Shop Vehicle Inspection Center
-
INFINITI of Bellevue Car Dealership
-
INFINITI at Bellevue Car Dealership
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Adam Longs Details Unlimited Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.22M
Owner & transaction history
South Heights LLC · 20 yrs held
South Heights LLC
since 2005
7 recorded transactions
Zoning & alternative use
GC · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$122,175
Tax year 2022
Assessed value
$17,278,100
Assessed 2022
Previous assessed
$17,278,100
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$10,533,000
Assessed improvement
$6,745,100
Land market value
$10,533,000
Improvement market value
$6,745,100
Total market value
$17,278,100
Applied tax rate
330.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
CENTRAL
Buildings
2
Stories
2
Total area
20,210 SF
Lot
1.38 ac (60,189 SF)
Zoning code
GC
APN
332505-9149
UPID
US90-2513660
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Bellevue, WA
Zoning GC · permitted uses
GC · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellevue. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
CENTRAL
Stories
2
Buildings
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
South Heights LLC
Entity
Mailing address
11815 NE 8TH ST, BELLEVUE, WA 98005-3006
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2020
—
South Heights LLC
—
Deed
related
$14,000,000 · Keybank USA
Oct 20, 2010
—
South Heights LLC
—
Deed Of Trust
related
$12,400,000 · Nissan Motor Acceptance Corp
Sep 16, 2010
—
South Heights LLC
—
Trustees Deed
related
$3,500,000 · Sterling Savings Bank
Jun 4, 2010
—
South Heights LLC
—
Grant Deed
related
$3,500,000 · Sterling Savings Bank
Jul 14, 2008
—
South Heights LLC
—
Deed Of Trust
related
$2,000,000 · Fortune Bank
Aug 11, 2005
$4,600,662
South Heights LLC
Bellevue Properties
Grant Deed
$9,780,000 · Nissan Motor Acceptance Corp
Dec 6, 2004
—
South Heights LLC
—
Trustees Deed
related
$2,803,086 · Nissan Motor Acceptance Corp
—
—
South Heights LLC
—
Loan Modification
related
$12,400,000 · Nissan Motor Acceptance Corp
—
—
South Heights LLC
—
Deed Of Trust
related
$14,000,000 · Keybank USA
—
—
South Heights LLC
—
Deed Of Trust
related
$3,500,000 · Sterling Savings Bank
—
—
South Heights LLC
—
Deed Of Trust
related
$15,000,000 · Keybank USA
—
—
South Heights LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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