Financial
Distress signals
Property profile

12920 38th St Bellevue, WA 98006

OFF-MARKET
Office buildings
Property ID
US90-1192469
555,862 SF 5.18 ac lot Built 2000
Last sale May 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$864k
Tax billed · 2022
Assessed value$122.14M
Assessed land$11.06M
Assessed improvement$111.08M
Effective rate0.71%

Value estimate

· Sep 2026
$4.09M
$3.68M – $4.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$439/SF
Submarket average, outlier-cleaned · 142 recorded sales of this use type
Observed band · Q1–Q3$337 – $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?
F3
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop8.7
Watch Repair Shop8.7
Furniture Store8.3

Location

12920 38th St Bellevue, WA 98006-1350
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3633 136th SE, Bellevue, WA 98006-1451 $29,350,000 Nov 2021 93,788 SF
4122 Factoria SE, Bellevue, WA 98006-4200 $19,899,999 Oct 2019 44,381 SF
3545 Factoria SE, Bellevue, WA 98006-6107 $580,000 May 2019 180,185 SF
3650 131st SE, Bellevue, WA 98006-1395 $467,500,000 Apr 2019 546,300 SF
3625 132nd SE, Bellevue, WA 98006-1325 $467,500,000 Apr 2019 323,609 SF
12826 40th, Bellevue, WA 98006-4278 $1,300,000 Dec 2018 21,164 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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