Individually Owned Property summary
AI-generated overview
The 14205 Building is a 41,577-square-foot office property located in Bellevue along the I-90 corridor, situated at the junction of I-90 and I-405. The building is configured as office space and has historically been occupied by a mix of seven professional and medical tenants. Recent capital improvements have been completed. The site location provides convenient access to the Seattle and Bellevue central business districts and the Eastgate area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
CONCRETE
Total area
71,036 SF
Lot
2.17 ac (94,525 SF)
Zoning code
OLB2
APN
102405-9084
UPID
US90-1517293
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Loan Service Bank
-
Recycling Center Waste Management Facility
-
Insurance Agency
-
Crisis Center Medical Clinic
-
Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.25M
Owner & transaction history
since 2024
Last sale
$13.3M
7 recorded transactions
Zoning & alternative use
OLB2 · Bellevue, WA
Zoning description
The purpose of the OLB 2 District is to provide an area of integrated complexes made up of offices, hotels, or motels, eating and drinking establishments, and retail sales within walking distance to support business and…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$13.25M
Value range
$11.93M – $14.58M
±10% around blend
Estimated value / SF
$187 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
50
$11.93M
blend $13.25M
$14.58M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
71,036 SF
Lot area
2.17 ac
Year built
1990
Stories
3
APN
102405-9084
Zoning
OLB2
Assessed value
$14,775,400
Annual tax
$121,493
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$26.12M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 55,125 SF
8.1 mi away · 67,260 SF
8.6 mi away · 53,480 SF
9.3 mi away · 66,909 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$13.25M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 142 sales
$439
-58%
County 676 sales
$377
-51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $187/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13.25M
Move the market yield to see immediate price impact.
Value / SF
$187
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$835k
$16.70M
$11.92M
$9.28M
$928k
$18.55M
$13.25M
$10.31M
$1.02M
$20.41M
$14.57M
$11.34M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$25.20M
0.6 mi · Nov 2025 · $361/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$121,493
Tax year 2024
Assessed value
$14,775,400
Assessed 2023
Previous assessed
$14,775,400
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$5,387,900
Assessed improvement
$9,387,500
Land market value
$5,387,900
Improvement market value
$9,387,500
Total market value
$14,775,400
Applied tax rate
330.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
OTHER
Cooling
OTHER
Stories
3
Total area
71,036 SF
Lot
2.17 ac (94,525 SF)
Zoning code
OLB2
APN
102405-9084
UPID
US90-1517293
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OLB2 · Bellevue, WAZoning OLB2 · permitted uses
OLB2 · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the OLB 2 District is to provide an area of integrated complexes made up of offices, hotels, or motels, eating and drinking establishments, and retail sales within walking distance to support business and…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
3
Lot
2.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OLB2
COMMERCIAL
Jurisdiction
Bellevue, WA
Recorded code
OLB2
Official district
OLB2
Official district profile
What the municipal code says about OLB2
Zoning description
The purpose of the OLB 2 District is to provide an area of integrated complexes made up of offices, hotels, or motels, eating and drinking establishments, and retail sales within walking distance to support business and…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OLB2 in Bellevue, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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