Property profile

1614 118th SE Ave Bellevue, WA 98005

OFF-MARKET
Warehouses
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Property ID
US90-1230870
120,980 SF 2.32 ac Built 2009
Last sale Jan 2007·$3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$191k
Tax billed · 2022
Assessed value$26.94M
Assessed land$5.05M
Assessed improvement$21.89M
Effective rate0.71%

Value estimate

· Nov 2026
$11.84M
$10.66M – $13.02M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$287/SF
County average, outlier-cleaned · 375 recorded sales of this use type
Observed band · Q1–Q3$185 – $465
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
Light Industrial Districts provide for the location of a broad array of activities, including manufacturing, wholesale trade and distribu...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.3
Auto Repair Shop18.0
Building Supply17.2

Location

1614 118th SE Ave Bellevue, WA 98005-3861
County assessor Recorded deeds · 9 transfers 12 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13150 32nd, Bellevue, WA 98005-4436 $17,500,000 Feb 2025 38,271 SF
1500 124th NE, Bellevue, WA 98005-5177 $25,125,000 Mar 2023 79,974 SF
1239 120th NE, Bellevue, WA 98005-2133 $77,500,000 Dec 2021 79,840 SF
12121 Northup, Bellevue, WA 98005-1928 $42,000,000 Sep 2021 52,712 SF
12031 Northup, Bellevue, WA 98005-1916 $42,000,000 Sep 2021 21,280 SF
12021 Northup, Bellevue, WA 98005-1931 $42,000,000 Sep 2021 19,885 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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Includes: Price & PSF · Cap rate · Location · Zoning

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