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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
Office buildings
12000 8th St, Bellevue, WA 98005-3193
Individually Owned
~
Est. High Equity
Property ID
US90-0047795
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,358 SF
Lot
0.77 ac (33,440 SF)
Zoning code
GC
APN
109910-0410
UPID
US90-0047795
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
-
Tara Nash Jeweler and Diamond Buyer (Bike/Boat/Book/etc) Store
-
Susan E. Cohen Counseling Family Counselor Psychotherapist
-
Hansen Law Group, PS Law Firm Child Welfare Organization
-
Bodysoul Work Medical Clinic
-
Sagalingua Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.21M
Owner & transaction history
Pr III Broadstone East Wilburton Ll
Pr III Broadstone East Wilburton Ll
since 2025
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$196 / 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
$41,399
Tax year 2022
Assessed value
$5,853,000
Assessed 2022
Previous assessed
$5,853,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$5,852,000
Assessed improvement
$1,000
Land market value
$5,852,000
Improvement market value
$1,000
Total market value
$5,853,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
16,358 SF
Lot
0.77 ac (33,440 SF)
Zoning code
GC
APN
109910-0410
UPID
US90-0047795
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
0.77 ac
Current owner
From public records · entity-resolved
Pr III Broadstone East Wilburton Ll
Individual
Mailing address
12011 NE BEL RED RD STE #100, BELLEVUE, WA 98005-2471
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2025
—
Pr III Broadstone East Wilburton Ll
Bellevue Vista Properties LLC
Deed
—
Feb 27, 2014
$3,185,000
Bellevue Vista Properties LLC
General Electronic Credit Equities
Special Warranty Deed
$995,000 · Us Bank NA
Dec 31, 2012
$2,600,000
Elec Cr Equities
Pivotal Law Group PLLC
Trustees Deed
related
—
May 24, 2007
$5,225,000
Longwell Office I LLC
Nsc Building LLC
Warranty Deed
$3,919,000 · General Electric Capital Corp
Oct 24, 2005
$3,500,000
Nsc Building LLC
Ho,harvey V
Warranty Deed
$2,650,000 · F & M Bank
Oct 7, 2004
$2,965,000
Harvey V Ho
Armstrong,anna M
Warranty Deed
$2,050,000 · First Savings Bank Renton
Sep 7, 2004
—
Anna M Armstrong
Armstrong,richard A
Quit Claim Deed
related
—
Apr 11, 1994
$1,950,000
Anna M Armstrong
Keystone Develop
Grant Deed
$525,000 · Real Estate Transact
—
—
James L Halfon
—
Deed Of Trust
related
$56,368 · Halfon June J
—
—
Nsc Building LLC
—
Deed Of Trust
related
$150,000 · F & M Bank
—
—
Longwell Office I LLC
—
Deed Of Trust
related
—
—
—
Charles E Walsh
—
Deed Of Trust
related
—
—
—
Anna M Armstrong
—
Deed Of Trust
related
$593,344 · West One Bank Washington
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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