Property profile

1800 NE 112Th Ave NE Bellevue, WA 98004

FOR LEASE
Office buildings
Property ID
US90-1683157
47,235 SF 1.98 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story office building, located at 1800 112th Ave NE in Bellevue, Washington, offers a total of 37,417 square feet of traditional office space. The building consists of a single structure and features two immediately available suites, one measuring 2,081 square feet and the other 2,922 square feet. The property boasts a highly desirable Bellevue location, providing easy access to amenities and major transportation routes. A significant advantage is the availability of free surface parking, with covered parking also an option for tenants. The building's proximity to Hidden Valley Park adds to its appeal, offering a tranquil and green space nearby. This is a multi-tenant building situated in King County, Washington, with a zip code of 98004. The property is ideal for businesses seeking a well-located, comfortable, and convenient office space in the heart of Bellevue. The building's traditional office design provides a classic and functional workspace. Interested parties should inquire about lease terms and conditions.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction WOOD
Total area 47,235 SF
Lot 1.98 ac (86,050 SF)
Zoning code O
APN 242770-0070
UPID US90-1683157

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
  • Accounting Firm Tax Preparation
  • Medical Clinic
  • Social Service Agency Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

1800 NE 112Th Ave NE Bellevue, WA 98004
Bellevue metro Census 24001 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.48M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2017
Price N/A
2011
Price N/A
2006
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O · Bellevue, WA
Zoning description

Office Districts provide areas for business, financial and professional service offices, located on arterial or commercial access streets. In the proximity of other major business and commercial districts, this district…

General category COMMERCIAL

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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