Financial
Distress signals
Property profile

1402 140Th Pl NE Bellevue, WA 98007

FOR SALE
Office buildings
Property ID
US90-0799232
13,241 SF 1.12 ac lot Built 1979
Last sale Mar 2005 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a suburban Bellevue office space located near 140th Avenue NE and Bel-Red Road, with proximity to Downtown Bellevue, the Overlake/Microsoft area, I-405, and SR 520. It is zoned PO – Professional Office and provides fiber-based high-speed internet service. The building is maintained and includes on-site management, with abundant parking on site including some covered spaces. The space is 2,491 rentable square feet and is configured for professional office use. Lease terms can be structured for 1 to 3 years.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$25k
Tax billed · 2022
Assessed value$3.57M
Assessed land$3.17M
Assessed improvement$398k
Effective rate0.71%

Value estimate

· Sep 2026
$2.63M
$2.36M – $2.89M
NOI build-up
Gross scheduled income$283k
Vacancy & credit loss−$54k
Operating expenses−$57k
NOI · 535,446.88% cap applied$171k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

Cap rate analysis

How does the asset earn?
535,446.88%
$171k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PO
Professional Office Districts provide areas for low-intensity office uses. Structures shall have exterior designs which are compatible wi...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Tattoo & Piercing Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tattoo & Piercing Shop8.2
Breakfast7.8
Barber Shop7.7

Location

1402 140Th Pl NE Bellevue, WA 98007
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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