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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Specialty properties
1700 4th St, Bellevue, WA 98005
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-2328353
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2015
Construction
WOOD
Total area
8,990 SF
Lot
1.38 ac (60,214 SF)
Zoning code
CA
APN
334330-1150
UPID
US90-2328353
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Department Of Transportation · 6 yrs held
Department Of Transportation
since 2019
7 recorded transactions
Zoning & alternative use
CA · 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
$95 / 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
$32,294
Tax year 2022
Assessed value
$3,360,900
Assessed 2022
Previous assessed
$3,360,900
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$844,800
Assessed improvement
$2,516,100
Land market value
$844,800
Improvement market value
$2,516,100
Total market value
$3,360,900
Applied tax rate
2,151.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
8,990 SF
Lot
1.38 ac (60,214 SF)
Zoning code
CA
APN
334330-1150
UPID
US90-2328353
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Bellevue, WA
Zoning CA · permitted uses
CA · 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
2015
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
1.38 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Mailing address
PO BOX 47338, OLYMPIA, WA 98504-7338
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
—
U Investment Properties LLC
—
Deed
related
$2,956,333 · Pnc Bank NA
Oct 24, 2019
—
Department Of Transportation
Lj Investment Properties LLC
Quit Claim Deed
related
—
Jan 3, 2013
$670,000
Lj Investment Properties LLC
Colby Re LLC
Grant Deed
—
Jul 27, 2012
$653,000
Colby Re LLC
Hillis Clark Martin & Pet
Trustees Deed
related
—
Sep 27, 2007
—
Thomas A Easley
Easley,juli G
Quit Claim Deed
related
$485,000 · Cascade Bank
Feb 16, 2006
$628,000
Thomas A Easley
Thc-exit Seven LLC
Warranty Deed
$630,505 · Cascade Bank
Jul 30, 1997
$900,000
Thc-exit Seven LLC
Kao,ming-tsong
Grant Deed
—
—
—
Thomas A Easley
—
Deed Of Trust
related
$1,105,488 · Cascade Bank
—
—
Thomas A Easley
—
Deed Of Trust
related
$250,000 · Foundation Bank
—
—
Exit Sven LLC
—
Deed Of Trust
related
$135,000 · Issaquah Bank
—
—
Thc-exit Seven LLC
—
Deed Of Trust
related
$350,000 · Issaquah Bank
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.
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