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    Property profile & analytics

    14600 468th SE Ave North Bend, WA 98045-8762

    • Parking lots & garages
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    $830,000
    Location Intelligence
    Property ID
    US90-2015372
    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.

    Current Use by Public Records

    • Edgewick Inn / Motel / Hotel

    Property Details for 14600 468th SE Ave

    Lot size
    1.80 lot acres
    Zone code
    IC
    Property type
    Parking lots & garages
    APN
    226750-0080
    APU
    2267500080

    Description

    This exceptional 4.4-acre commercial land parcel presents a rare investment opportunity in North Bend, Washington. Located at 14600 SE 468th Ave SE, this property boasts a highly desirable location with convenient access to Interstate 90, placing it within easy reach of major transportation routes. The land is zoned for Business and Commercial use, offering significant development potential. With a total area of 191,665 square feet (4.4 acres), the site is large enough to accommodate a variety of projects. Currently improved with a 44-room, two-story motel built in 1987 and significantly renovated in 1990, this property offers flexibility for redevelopment. The property's proximity to key attractions such as the Snoqualmie Summit Ski Resort, Snoqualmie Falls, Salish Lodge & Spa, Ken's Truck Town, Seattle East Travel Plaza, and the North Bend Factory Outlet enhances its appeal. All four parcels comprising this property are serviced by sewer. The asking price is $12,000,000. The Assessor's Parcel Number (APN) is 2267500080. Rent bumps are permitted. This presents a unique chance to acquire a prime development site in a high-traffic area with significant growth potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Bend
    County
    King
    State
    Washington
    Longitude
    -121.715
    Latitude
    47.4668
    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
    $5,402
    $627,200
    $0.00
    $627,200
    -
    $627,200
    $0.00
    $627,200

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

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    • Value Estimation by Request
      2,250 SF

      N

      PARKING LOT • 2,250 SF
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      $745,000
      0.16 Acres

      N

      PARKING LOT • 0.16 Acres
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    • Value Estimation
      $270,000
      0.46 Acres

      N

      PARKING LOT • 0.46 Acres
      N, Bend, WA 98045
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    • Value Estimation
      $315,000
      0.19 Acres

      Main S Ave

      PARKING LOT • 0.19 Acres
      Main S Ave, North Bend, WA 98045
      View Details
    • Value Estimation by Request
      0.08 Acres

      N

      PARKING LOT • 0.08 Acres
      N, Bend, WA 98045
      View Details

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    14600 468th SE Ave
    North Bend, WA 98045-8762
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    Realmo Value Estimation

    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.

    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.

    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
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