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Financial
Distress signals
Property profile

14236 NE 21St St Bellevue, WA 98007

FOR LEASE
Office buildings
Property ID
US90-1627316
10,280 SF 2.27 ac lot Built 1974
Last sale Nov 2014 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
14236 NE 21St St, Bellevue, WA 98007 For Lease
Contact for pricing 10,096 SF available
14236 NE 21St St, Bellevue, WA 98007
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Property summary

AI-generated overview

The property is a flex space in Bellevue, Washington, totaling 3,837 rentable square feet, with approximately 2,916 rentable square feet of office area and 921 rentable square feet designated for warehouse or lab use. The office component includes private offices and open workspace, and the suite has in-suite restrooms and one grade-level door. It is zoned BR-GC, supporting a range of uses including specialty schools or day care centers, light manufacturing or fabrication, general retail or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$77k
Tax billed · 2022
Assessed value$10.86M
Assessed land$9.89M
Assessed improvement$967k
Effective rate0.71%

Value estimate

· Oct 2026
$2.66M
$2.39M – $2.93M
CAP approach$3.68M
NOI build-up
Gross scheduled income$273k
Vacancy & credit loss−$18k
Operating expenses−$76k
NOI · 660,781.48% cap applied$178k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
660,781.48%
$178k 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?
BR-GC
The purpose of the BelRed-GC Land Use District is to provide an area for a wide variety of business activities that provide goods and ser...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.1
Garden Center10.7
Pawn Shop9.6

Location

14236 NE 21St St Bellevue, WA 98007
County assessor Recorded deeds · 12 transfers 3 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14645 Bel Red, Bellevue, WA 98007-3929 $9,250,000 Mar 2025 12,383 SF
14278 21st, Bellevue, WA 98007-3720 $8,850,000 Jan 2025 12,860 SF
14777 40th, Bellevue, WA 98007-3300 $3,068,000 Jul 2023 8,333 SF
14400 Bel Red, Bellevue, WA 98007-3939 $9,500,000 Sep 2021 17,386 SF
2115 152nd NE, Bellevue, WA 98007 $5,880,000 Mar 2021 6,515 SF
2133 152nd NE, Bellevue, WA 98007 $5,880,000 Mar 2021 6,463 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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