Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14725 Southeast 36Th St Bellevue, WA 98006
    Back to Search
    Property profile & analytics

    14725 Southeast 36Th St, Bellevue, WA 98006

    View on Map
    • Office buildings
    • 153,317 SF
    • 1.47 lot acres
    For Lease
    $3,870,000
    View Listing →
    Bellevue Office Space Available For Lease
    $3,870,000

    Bellevue Office Space Available

    Office space for rent in Bellevue, Washington.

    14725 Southeast 36th Street, Bellevue, WA 98006
    View Listing
    Property ID
    US90-0446021
    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.
    Value Estimations
    $3,870,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fresh Consulting / Design Agency / Design Engineer
    • Crestwood Corporation Plaza / Shopping Center & Mall
    • Statsig / Corporate Office
    • Loveridge Hunt & Co., CPA's / Accounting Firm / Tax Preparation

    Property Details for 14725 Southeast 36Th St

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    1.47 lot acres
    Zone code
    O
    Property type
    Office buildings
    APN
    220550-0620
    APU
    2205500620

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 23, 2025 — Sfiii Crestwood I 90 LLC Sfiii Fos Crestwood I 90 Holding Ll Bargain & Sale Deed $22.7M · Ch Sdf 1101 Connecticut Trs LLC
    Mar 10, 2020 — Sfi Fos Crestwood I-90 Holding — Deed · related $22.7M · Ch Sdf Lender LLC
    Feb 28, 2020 $23,575,000 Sfiii Crestwood I-90 LLC Crestwood Corp Plz Ptrs LLC Warranty Deed —
    Mar 27, 2003 $4,950,000 Corporate Plaza Part Crestwood Zions First National Bank Grant Deed —
    Dec 26, 2002 — Zions First National Bank Troon 1-90 Associates LLC Grant Deed · related —
    Nov 22, 2000 — Troon 190 Associates LLC — Grant Deed · related $15.3M · Zions First National Bank
    Jun 29, 1999 $1,850,000 Troon I-90 Associates LLC Mastro,michael R Grant Deed $1.7M · Asia Europe Americas Bank
    Dec 15, 1998 $600,000 Michael R Mastro Levy,robert E & Gertrud S Grant Deed $540k · Seller
    May 10, 1996 $432,000 Robert E Levy Zigrida E Langins Trustee Grant Deed —
    Apr 4, 1988 — Zigrida E Langins Langins,arnolds Quit Claim Deed · related —
    — — Sfi Fos Crestwood I-90 Holding — Deed Of Trust · related $22.7M · Ch Sdf Lender LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,980,000
      ML approach
      $5,180,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.144
    Latitude
    47.5778
    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
    $164,858
    $3,333,400
    $19,982,000
    $23,315,400
    -
    $3,333,400
    $19,982,000
    $23,315,400

    Comparable in this City

    • Value Estimation
      $1,980,000
      167,422 SF

      3535 Factoria SE Blvd

      OFFICE BUILDING
      3535 Factoria SE Blvd, Bellevue, WA 98006-1290
      View Details
    • Value Estimation
      $2,460,000
      10,938 SF

      4140 Factoria SE Blvd

      OFFICE BUILDING
      4140 Factoria SE Blvd, Bellevue, WA 98006-5261
      View Details
    • Value Estimation
      $13,250,000
      71,036 SF

      14205 36th St

      OFFICE BUILDING
      14205 36th St, Bellevue, WA 98006-1596
      View Details
    • Value Estimation
      $9,055,000
      43,707 SF

      14405 36th St

      OFFICE BUILDING
      14405 36th St, Bellevue, WA 98006-1598
      View Details
    • Value Estimation
      $12,420,000
      50,050 SF

      15405 37th St

      OFFICE BUILDING
      15405 37th St, Bellevue, WA 98006-1772
      View Details
    • Value Estimation
      $10,985,000
      44,381 SF

      4122 Factoria SE Blvd

      OFFICE BUILDING
      4122 Factoria SE Blvd, Bellevue, WA 98006-4200
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,577 SF

      Stabilized Bellevue Office Building Investment

      Fully occupied office building in Bellevue's I-90 corridor.
      14205 SE 36Th St, Bellevue, WA 98006
      View Details
    • Contact for pricing
      23,663 SF

      Bellevue Office Building For Sale

      86,524 SF office building in Bellevue, Washington for sale.
      3600 136Th Pl SE, Bellevue, WA 98006
      View Details
    • $2,740,000

      Multi-Tenant Commercial Asset For Sale

      Fully leased commercial property in Bellevue's Factoria neighborhood.
      4317 Factoria Blvd SE, Bellevue, WA 98006
      View Details
    • Contact for pricing

      Residential Land in Bellevue

      Land parcel in established Bellevue neighborhood with utilities.
      4684 152Nd Pl, Bellevue, WA 98006
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,705 SF

      Bellevue Office Space with Access

      Office space with immediate access to I-405 and I-90.
      3633 136Th Pl SE, Bellevue, WA 98006
      View Details
    • Contact for pricing
      7,243 SF

      Class A Office Space Available

      88,953 SF Class A office building in Bellevue, WA.
      13555 36Th St, Bellevue, WA 98006
      View Details
    • $12,548 /Mo
      5,577 SF

      Bellevue Office Space Sublease

      Office space for sublease in Bellevue, Washington.
      14405 36Th St, Bellevue, WA 98006
      View Details
    • Contact for pricing
      5,747 SF

      Bellevue Office Space Available

      Office space available for lease in Bellevue, Washington.
      3535 Factoria Blvd Southeast, Bellevue, WA 98006
      View Details
    • Contact for pricing
      2,179 SF

      Bellevue Office Space for Rent

      Office space with building signage, parking, and transit access.
      14100 SE 36Th St, Bellevue, WA 98006
      View Details
    • Contact for pricing
      2,514 SF

      Bellevue Office Space For Rent

      Office space with building signage and easy highway access.
      12917 SE 38Th St, Bellevue, WA 98006
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14725 Southeast 36Th St
    Bellevue, WA 98006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14725 Southeast 36Th St, Bellevue, WA, 98006
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!