Property profile

12200 Northup Way Bellevue, WA 98005

OFF-MARKET
Retail space
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Property ID
US90-2987733
9,956 SF 1.03 ac Built 1996
Last sale Jun 2026·$7,025,000
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

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 · 2024

What does the county charge?
$37k
Tax billed · 2024
Assessed value · 2023$4.49M
Assessed land$4.49M
Assessed improvement$1k
Effective rate0.82%

Value estimate

· Nov 2026
$5.19M
$4.67M – $5.71M
AI approach$5.30M
Submarket $/SF estimate$4.98M

Realmo valuation models over county records and 6 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 comparables6

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?
BR-GC
The purpose of the BelRed-GC Land Use District is to provide an area for a wide variety of business activities that provide goods and ser...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Garden Center8.9
Catering Service8.7

Location

12200 Northup Way Bellevue, WA 98005-1933
County assessor Recorded deeds · 6 transfers 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13013 20th, Bellevue, WA 98005-2039 $14,274,100 Dec 2025 7,438 SF
3204 Richards, Bellevue, WA 98005-4441 $5,000,000 Jul 2023 2,044 SF
1960 130th NE, Bellevue, WA 98005-2206 $1,060,000 Mar 2023 4,100 SF
13310 Bel Red, Bellevue, WA 98005-2300 $46,350,000 Sep 2020 39,216 SF
11611 8th, Bellevue, WA 98005-3003 $2,000 Feb 2020 1,975 SF
13029 20th, Bellevue, WA 98005-2002 $5,000,000 Oct 2019 11,940 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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