$10,755,000 2,500 SF available

11820 Northup Way, Bellevue, WA 98005
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The property is a commercial office space measuring 2,217 square feet. It is configured as an occupiable, ready-for-use office environment intended for straightforward use without extensive work.

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?

$127k

Tax billed · 2022

Assessed value$18.01M

Assessed land$6.88M

Assessed improvement$11.13M

Effective rate0.71%

Value estimate

· Nov 2026

$10.76M

$9.68M – $11.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$342/SF

ZIP average, outlier-cleaned · 18 recorded sales of this use type

Observed band · Q1–Q3$167 – $598

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?

OLB

Office and Limited Business Districts provide areas for the location of integrated complexes made up of offices, hotels or motels, eating...

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

Restaurant12.4

Convenience Store12.0

Garden Center10.7

11820 Northup Way Bellevue, WA 98005

County assessor Recorded deeds · 4 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

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

3150 Richards, Bellevue, WA 98005-4446 $385,000 Jan 2025 47,880 SF

875 140th NE, Bellevue, WA 98005-3400 $6,500,000 Apr 2024 23,482 SF

11624 5th, Bellevue, WA 98005-3590 $1,329,000 Apr 2023 35,520 SF

325 118th SE, Bellevue, WA 98005-3539 $28,000,000 Oct 2022 37,606 SF

12822 32nd, Bellevue, WA 98005-4340 $15,425,000 Nov 2021 36,269 SF

2100 124th NE, Bellevue, WA 98005-1934 $6,000,000 Dec 2019 24,118 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.

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11820 Northup Way Bellevue, WA 98005

Property summary