Property profile

12700 Bel Red Rd Bellevue, WA 98005

OFF-MARKET
Auto shops
Property ID
US90-1001862
27,396 SF 1.6 ac lot Built 1966
Entity Owned 28-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

An automotive-oriented commercial space is located along Bel-Red Road in Bellevue, Washington. The unit occupies approximately 2,880 square feet within a larger multi-tenant property near the rear, corresponding to the back portion of the building’s tenancy layout. The space includes a 12-foot roll-up door for vehicle or equipment access. The configuration allows for uses other than automotive, subject to parking requirements.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Construction STEEL FRAME
Total area 27,396 SF
Lot 1.6 ac (69,720 SF)
Zoning code BR-CR
APN 282505-9175
UPID US90-1001862

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12700 Bel Red Rd Bellevue, WA 98005-2626
Bellevue metro Census 23702 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$782k
Blend (final) Blend
$665k

Owner & transaction history

since 1998
2 recorded transactions
1998
Price N/A
1969
Price N/A

Zoning & alternative use

BR-CR · Bellevue, WA
Zoning description

The purpose of the BelRed-CR Land Use District is to provide an area for a mix of housing, retail, office and services. Multiple uses are encouraged on individual sites, in individual buildings, and in the district as a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12700 Bel Red Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message