Property profile

12833 Bel Red Rd Bellevue, WA 98005

OFF-MARKET
Commercial land
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Property ID
US90-2006578
0.12 ac
Last sale Dec 2021·$12,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ 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?
$27
Tax billed · 2024
Assessed value · 2023$1k
Assessed land$1k
Effective rate2.70%

Value estimate

· Nov 2026
$12.31M
$11.08M – $13.54M
AI approach$10.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$510/SF
County average, outlier-cleaned · 433 recorded sales of this use type
Observed band · Q1–Q3$200 – $973

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-ORT
The purpose of the BelRed-ORT Land Use District is to provide an area for low-intensity offices and uses and low density multifamily resi...
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service9.3
Florist8.9
Butcher8.8

Location

12833 Bel Red Rd Bellevue, WA 98005-2602
County assessor Recorded deeds · 3 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

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1445 120th NE, Bellevue, WA 98005-2127 $20,200,000 Mar 2024 56,978 SF
Bellevue, WA 98005 $77,500,000 Dec 2021 No data
1357 118th SE, Bellevue, WA 98005-3871 $314,400 Sep 2020 No data
3002 139th SE, Bellevue, WA 98005-4096 $1,000,000 Sep 2019 No data
3001 139th SE, Bellevue, WA 98005-4096 $211,724,805 Sep 2019 No data
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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