New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Industrial properties
13600 20th St, Bellevue, WA 98005-2000
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0049642
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,800 SF
Lot
0.61 ac (26,643 SF)
Zoning code
BR-GC
APN
272505-9329
UPID
US90-0049642
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
-
US Micro Computer Hardware Manufacturer Computer Store
-
Rapid Refill Ink Toner Cartridge Supplier
-
NW Gluten Free Bakery featuring Wildflour Bakery Specialty Food Shop
-
Papa John's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Lh Apple Tree LLC · 6 yrs held
Lh Apple Tree LLC
since 2019
7 recorded transactions
Zoning & alternative use
BR-GC · 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%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$121 / 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
$19,765
Tax year 2022
Assessed value
$2,793,000
Assessed 2022
Previous assessed
$2,793,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,664,300
Assessed improvement
$128,700
Land market value
$2,664,300
Improvement market value
$128,700
Total market value
$2,793,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
9,800 SF
Lot
0.61 ac (26,643 SF)
Zoning code
BR-GC
APN
272505-9329
UPID
US90-0049642
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BR-GC · Bellevue, WA
Zoning BR-GC · permitted uses
BR-GC · 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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Lh Apple Tree LLC
Entity
Mailing address
11251 120TH AVE NE STE #213, KIRKLAND, WA 98033-4538
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Lh Apple Tree LLC
—
Deed
related
$3,200,000 · East West Bank
Jun 29, 2020
—
Lh Apple Tree LLC
—
Deed
related
$11,000,000 · East West Bank
Dec 16, 2019
$16,250,000
Lh Apple Tree LLC
Sns Investments LLC
Warranty Deed
$7,850,000 · Sns Investments LLC
Apr 26, 2019
—
Sns Investments LLC
—
Deed
related
$5,970,000 · Alaska USA FCU
Nov 15, 2007
$9,100,000
Sns Investments LLC
Lex Three LLC
Warranty Deed
$9,225,000 · Us Bank NA
Nov 8, 2007
—
Lex Three LLC
Vlc One LLC
Quit Claim Deed
related
—
Apr 29, 2003
$5,851,920
Vlc One LLC
Wapo Investments LLC
Grant Deed
$4,380,000 · Washington First Int'l Bank
Jul 27, 1999
$4,780,000
Wapo Investment LLC
Willoughby,alton O
Grant Deed
$3,300,000 · Washington First Int'l Bank
—
—
Sns Investments LLC
—
Deed Of Trust
related
$5,970,000 · Alaska USA FCU
—
—
Vlc One LLC R White Properties
—
Deed Of Trust
related
$10,000 · American Equity Inv Life Ins
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.
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 13600 20th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
