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Property profile & analytics
OFF-MARKET
Estimated value
$22,915,000
Investment properties
136 102nd SE Ave Bellevue, WA 98004-8134
Entity Owned
15-yr Hold
Free & Clear
Property ID
US90-1640453
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1998
Construction
CONCRETE
Total area
108,350 SF
Lot
1.58 ac (68,919 SF)
Zoning code
DNTN-OB
APN
066600-0341
UPID
US90-1640453
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
Current use
Occupant on record · Public records
-
Medina Eye Medical Clinic Ophthalmologist
-
James McMillan, MD Ophthalmologist
-
Courtyard Off Main Apartments Housing Complex Apartment Complex
-
Courtyard Off Main Parking Garage - Park Seattle Parking Lot & Garage
-
Melissa Fairshter Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.92M
Owner & transaction history
Essex Courtyard LP · 15 yrs held
Essex Courtyard LP
since 2010
1 recorded transaction
Zoning & alternative use
DNTN-OB · 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%
$34,640,000
6.5%
$31,975,000
7%
$29,690,000
Blend value · Realmo final
$22.92M
Range $20.62M – $25.21M · ±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
$211 / 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
$496,352
Tax year 2022
Assessed value
$70,203,000
Assessed 2022
Previous assessed
$70,203,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$34,459,500
Assessed improvement
$35,743,500
Land market value
$34,459,500
Improvement market value
$35,743,500
Total market value
$70,203,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
ELECTRIC
Cooling
CENTRAL
Stories
4
Units
110
Total area
108,350 SF
Lot
1.58 ac (68,919 SF)
Zoning code
DNTN-OB
APN
066600-0341
UPID
US90-1640453
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DNTN-OB · Bellevue, WA
Zoning DNTN-OB · permitted uses
DNTN-OB · 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
1998
Construction
CONCRETE
Heating
ELECTRIC
Cooling
Yes
Stories
4
Units
110
Lot
1.58 ac
Current owner
From public records · entity-resolved
Essex Courtyard LP
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 4747, OAK BROOK, IL 60522-4747
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2010
$29,963,000
Essex Courtyard LP
Courtyard Off Main LLC
Grant Deed
—
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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