Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    13600 20th St Bellevue, WA 98005-2000
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13600 20th St Bellevue, WA 98005-2000

    View on Map
    • Industrial properties
    • 9,800 SF
    • 0.61 lot acres
    Off-Market
    Property ID
    US90-0049642
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,185,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 13600 20th St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.61 lot acres
    Property size
    9,800 SF
    Zone code
    BR-GC
    Property type
    Industrial properties
    APN
    272505-9329
    APU
    2725059329

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,505,000
      6.5%
      $1,390,000
      7%
      $1,290,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.159
    Latitude
    47.6285
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,765
    $2,664,300
    $128,700
    $2,793,000
    -
    $2,664,300
    $128,700
    $2,793,000

    Comparable in this City

    • Value Estimation
      $550,000
      6,616 SF

      13622 20th St

      INDUSTRIAL (GENERAL) • 6,616 SF
      13622 20th St, Bellevue, WA 98005-4900
      View Details
    • Value Estimation by Request
      21,280 SF

      12031 Northup Way

      INDUSTRIAL (GENERAL) • 21,280 SF
      12031 Northup Way, Bellevue, WA 98005-1916
      View Details
    • Value Estimation
      $1,230,000
      16,000 SF

      13263 20th St

      INDUSTRIAL (GENERAL) • 16,000 SF
      13263 20th St, Bellevue, WA 98005-2009
      View Details
    • Value Estimation
      $1,030,000
      15,186 SF

      2000 124th NE Ave

      INDUSTRIAL (GENERAL) • 15,186 SF
      2000 124th NE Ave, Bellevue, WA 98005-2117
      View Details
    • Value Estimation by Request
      19,885 SF

      12021 Northup Way

      INDUSTRIAL (GENERAL) • 19,885 SF
      12021 Northup Way, Bellevue, WA 98005-1931
      View Details
    • Value Estimation
      $5,455,000
      55,250 SF

      12950 Northup Way

      INDUSTRIAL (GENERAL) • 55,250 SF
      12950 Northup Way, Bellevue, WA 98005
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Cabinet Business Opportunity

      Profitable cabinet business with loyal customer base since 2014.
      1940 NE 124Th Ave, Bellevue, WA 98005
      View Details
    • Contact for pricing
      17,018 SF

      Bellevue Office Building For Sale

      100% leased office building in Bellevue, Washington.
      2330 130Th Ave NE, Bellevue, WA 98005
      View Details
    • Contact for pricing
      7,686 SF

      Bellevue Freestanding Office Building

      Prime office building near Spring District and future growth.
      12509 NE Bel Red Rd, Bellevue, WA 98005
      View Details
    • Contact for pricing
      1,023 SF

      Bellevue Office Condo For Sale

      Professional office condo in a prime Bellevue location.
      1550 140Th Ave NE, Bellevue, WA 98005
      View Details
    • Contact for pricing
      12,634 SF

      Bellevue Medical Corridor Office Space

      Class A office space in Bellevue Medical Corridor for sale.
      11711 NE 12Th St, Bellevue, WA 98005
      View Details
    • Contact for pricing

      Bellevue TOD Site Opportunity

      Prime transit-oriented development site near Wilburton light rail station.
      605 119Th Ave NE, Bellevue, WA 98005
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,816 SF

      Industrial Space Available in Bellevue

      1,816 SF industrial property for lease in Bellevue, WA.
      2020 124Th Ave NE, Bellevue, WA 98005
      View Details
    • $24 SF/Yr
      9,734 SF

      Bellevue Flex Space For Rent

      Flex space in Bel-Red Corridor with distribution potential.
      1600-1750 124Th Ave NE, Bellevue, WA 98005
      View Details
    • $89,646
      3,659 SF

      Bellevue Office/Distribution Space for Rent

      Office or distribution space in prime Bel-Red Corridor location.
      1600 124Th Ave NE, Bellevue, WA 98005
      View Details
    • $43,267
      1,766 SF

      Bellevue Office/Distribution Space For Rent

      Office or distribution space in Bel-Red Corridor, Bellevue.
      1600 124Th Ave NE, Bellevue, WA 98005
      View Details
    • Contact for pricing
      12,000 SF

      Bellevue Warehouse with Fenced Yard

      12,000 SF warehouse with 26,000 SF fenced yard.
      1700 132Nd Ave NE, Bellevue, WA 98005
      View Details
    • $2.00 SF/Yr
      2,016 SF

      Bellevue Flex/Industrial Space Available

      Flex/Industrial space available for lease in Bellevue, Washington.
      13107 NE 20Th St, Bellevue, WA 98005
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13600 20th St
    Bellevue, WA 98005-2000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!