Property profile

1640 148th SE Ave Bellevue, WA 98007

OFF-MARKET
Assisted living facilities
Property ID
US90-1045167
23,732 SF 1.82 ac lot Built 1998
Entity Owned 30-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,732 SF
Lot 1.82 ac (79,200 SF)
Zoning code R-20
APN 022405-9038
UPID US90-1045167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1640 148th SE Ave Bellevue, WA 98007-6825
Bellevue metro Census 23401 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$621k
Blend (final) Blend
$670k

Owner & transaction history

since 1996
4 recorded transactions
2021
Price N/A
1996
$750,000
1988
$2.0M
1969
Price N/A

Zoning & alternative use

R-20 · Bellevue, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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