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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Assisted living facilities
14228 8th St Bellevue, WA 98007
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-2142708
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,680 SF
Lot
1.5 ac (65,368 SF)
Zoning code
R-10
APN
272505-9044
UPID
US90-2142708
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$540k
Owner & transaction history
Bellevue Associates LLC · 9 yrs held
Bellevue Associates LLC
since 2017
7 recorded transactions
Zoning & alternative use
R-10 · 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$51 / 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
$46,931
Tax year 2022
Assessed value
$6,635,400
Assessed 2022
Previous assessed
$6,635,400
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,483,900
Assessed improvement
$4,151,500
Land market value
$2,483,900
Improvement market value
$4,151,500
Total market value
$6,635,400
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
2
Units
30
Total area
10,680 SF
Lot
1.5 ac (65,368 SF)
Zoning code
R-10
APN
272505-9044
UPID
US90-2142708
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-10 · Bellevue, WA
Zoning R-10 · permitted uses
R-10 · 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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
2
Units
30
Lot
1.5 ac
Current owner
From public records · entity-resolved
Bellevue Associates LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Bellevue Associates LLC
—
Deed
related
$8,750,000 · Capital Funding
Mar 12, 2021
—
Bellevue Associates LLC
—
Deed
related
$12,215,000 · Sterling Bank & Trust Fsb
Feb 21, 2019
—
Bellevue Associates LLC
—
Trustees Deed
related
$12,217,000 · Sterling Bk
Apr 25, 2017
—
International Ch Of Foursquare Go
—
Loan Modification
related
$3,171,627 · Washington Tr Bk
Mar 3, 2017
$2,500,000
Bellevue Associates LLC
International Ch Of Foursquare Go
Grant Deed
$1,500,000 · International Ch/foursquare Go
Sep 11, 2012
—
International Ch Of Foursquare Go
—
Deed Of Trust
related
$4,250,000 · Washington Trust Bank
Sep 17, 2009
—
International Ch Of Four Sq Gospe
—
Trustees Deed
related
$2,990,057 · First Tennessee Bank National
May 28, 2004
$5,065,000
International Church Of The Fo
Crossroads Bible Church
Grant Deed
$3,000,000 · First Tennessee Bank National
—
—
Bellevue Associates LLC
—
Deed Of Trust
related
$200,000 · Hans & Ann Lindstrom
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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