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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Automotive properties
1533 120th NE Ave Bellevue, WA 98005-2131
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-0655235
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Construction
STEEL FRAME
Total area
60,803 SF
Lot
3.62 ac (157,685 SF)
Zoning code
BR-OR-2
APN
109910-0011
UPID
US90-0655235
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
Current use
Occupant on record · Public records
-
Audi Bellevue Car Dealership
-
Audi Bellevue Parts Center Auto Parts Store
-
Audi Bellevue Service Center Auto Repair Shop Vehicle Inspection Center
-
Viking Repair Bellevue Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
City Of Bellevue · 9 yrs held
City Of Bellevue
since 2017
4 recorded transactions
Zoning & alternative use
BR-OR-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$46 / 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
$303,476
Tax year 2022
Assessed value
$42,921,900
Assessed 2022
Previous assessed
$42,921,900
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$15,768,500
Assessed improvement
$27,153,400
Land market value
$15,768,500
Improvement market value
$27,153,400
Total market value
$42,921,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
CENTRAL
Buildings
3
Stories
3
Total area
60,803 SF
Lot
3.62 ac (157,685 SF)
Zoning code
BR-OR-2
APN
109910-0011
UPID
US90-0655235
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BR-OR-2 · Bellevue, WA
Zoning BR-OR-2 · permitted uses
BR-OR-2 · 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
2005
Construction
STEEL FRAME
Heating
CENTRAL
Stories
3
Buildings
3
Lot
3.62 ac
Current owner
From public records · entity-resolved
City Of Bellevue
Entity
Free & Clear · 9 yrs held
Mailing address
200 SW 1ST AVE FL, FORT LAUDERDALE, FL 33301-1875
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2017
—
City Of Bellevue
Auto Co Xxi INC
Warranty Deed
—
Oct 22, 2014
$51,000,000
Auto Co Xxi INC
Barrier Properties 1533 LLC
Grant Deed
—
Dec 28, 2001
$7,150,000
Barrier Properties LLC
Fibres International INC
Grant Deed
$5,005,000 · Us Bank NA
Nov 14, 2001
—
Fibres International INC
Bellerive LLC
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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