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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Industrial properties
13570 Bel Red Rd, Bellevue, WA 98005-2315
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-3087361
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,535 SF
Lot
1.38 ac (60,065 SF)
Zoning code
BR-CR
APN
067210-0176
UPID
US90-3087361
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
T Wade Gaughran · 10 yrs held
T Wade Gaughran
since 2016
7 recorded transactions
Zoning & alternative use
BR-CR · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,920,000
6.5%
$3,620,000
7%
$3,360,000
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$48,861
Tax year 2022
Assessed value
$6,908,400
Assessed 2022
Previous assessed
$6,908,400
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$6,907,400
Assessed improvement
$1,000
Land market value
$6,907,400
Improvement market value
$1,000
Total market value
$6,908,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
25,535 SF
Lot
1.38 ac (60,065 SF)
Zoning code
BR-CR
APN
067210-0176
UPID
US90-3087361
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BR-CR · Bellevue, WA
Zoning BR-CR · permitted uses
BR-CR · 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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
T Wade Gaughran
Individual
Mailing address
13570 NE BEL RED RD, BELLEVUE, WA 98005-2315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2020
—
Twg Properties LLC
—
Deed
related
$360,144 · Keybank USA
Dec 12, 2018
—
Twg Properties LLC
—
Deed
related
$300,000 · Keybank USA
Jul 20, 2017
—
Twg Properties LLC
—
Deed
related
$1,827,871 · Keybank USA
Mar 11, 2016
—
T Wade Gaughran
Gaughran,lisa R
Quit Claim Deed
$2,448,821 · Keybank USA
Oct 28, 2015
—
T Wade Gaughran
Sd Deacon Corp Of Washington
Quit Claim Deed
related
—
Aug 13, 2012
—
T Wade Gaughran
—
Trustees Deed
related
$4,300,000 · Key Bank & Trust
Oct 18, 1995
$518,000
Gaughran T W
Mcknight,anna M
Grant Deed
$1,856,000 · Key Bank Of Washington
Dec 13, 1994
—
Anna M Mckngiht
Bmc Holdings INC
Quit Claim Deed
related
—
—
—
Twg Properties LLC
—
Deed Of Trust
related
$300,000 · Keybank USA
—
—
Thomas W Gaughran
—
Deed Of Trust
related
$1,230,000 · Us Bank NA
—
—
Twg Properties LLC
—
Deed Of Trust
related
$360,144 · Keybank USA
—
—
Thomas W Gaughran
—
Deed Of Trust
related
$500,000 · Key Bank & Trust
—
—
Twg Properties LLC
—
Deed Of Trust
related
$1,827,871 · Keybank USA
—
—
Gaughran T W
—
Deed Of Trust
related
$1,856,000 · Frontier Bank
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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