A 1,300-square-foot office suite with grade-level accessibility, configured with five private offices and a reception area that includes a built-in desk. The space is set up for office use and is designed for occupancy as a suite within a larger building.

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?

$29k

Tax billed · 2022

Assessed value$4.12M

Assessed land$4.02M

Assessed improvement$103k

Effective rate0.71%

Value estimate

· Nov 2026

$2.10M

$1.89M – $2.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$548/SF

ZIP average, outlier-cleaned · 27 recorded sales of this use type

Observed band · Q1–Q3$300 – $771

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?

BR-MO

The purpose of the BelRed-MO Land Use District is to provide an area for office uses, with an emphasis on medical office.

General categoryUNKNOWN

JurisdictionKING

Location intelligence

Which uses thrive at this corner?

Best fit: Laundry Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundry Service10.0

Garden Center9.6

Pet Grooming Service9.3

1940 116th NE Ave Bellevue, WA 98004-3097

County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 16 properties nearby

Address Sale price Sold Size

1416 112th NE, Bellevue, WA 98004-3710 $4,900,000 May 2025 8,788 SF

2233 112th NE, Bellevue, WA 98004-2936 $16,000,000 Feb 2025 27,678 SF

2105 112th NE, Bellevue, WA 98004-2945 $3,522,480 Feb 2024 6,700 SF

11555 8th, Bellevue, WA 98004-6447 $6,100,000 Dec 2023 16,356 SF

2700 Northup, Bellevue, WA 98004-1463 $6,650,000 Jul 2023 13,100 SF

11106 Northup, Bellevue, WA 98004-1413 $2,460,000 Feb 2022 6,000 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

Value Estimation
$2,005,000

9,190 SF

2000 116th NE Ave

OFFICE BUILDING

2000 116th NE Ave, Bellevue, WA 98004-3047

View Details
Value Estimation
$3,885,000

11,570 SF

10112 10th St

OFFICE BUILDING

10112 10th St, Bellevue, WA 98004-4156

View Details
Value Estimation
$1,655,000

7,530 SF

27 100th NE Ave

OFFICE BUILDING

27 100th NE Ave, Bellevue, WA 98004-5629

View Details
Value Estimation
$2,815,000

12,864 SF

2255 116th NE Ave

OFFICE BUILDING

2255 116th NE Ave, Bellevue, WA 98004-3015

View Details
Value Estimation
$2,270,000

6,575 SF

555 108th NE Ave

OFFICE BUILDING

555 108th NE Ave, Bellevue, WA 98004-5505

View Details
Value Estimation
$1,435,000

6,550 SF

2101 112th NE Ave

OFFICE BUILDING

2101 112th NE Ave, Bellevue, WA 98004-2944

View Details

Similar Nearby for Sale

$7,000,000

9,304 SF

Single-Story Medical Office Building

Renovated dental build-out with medical office, church, and daycare uses permitted.

1545 116th Ave NE, Bellevue, WA 98004

View Details
$7,950,000

10,721 SF

Bellevue Multi-Tenant Office Building

Two-story office building near Bellevue CBD with excellent connectivity.

1500 112th Ave NE, Bellevue, WA 98004

View Details
Contact for pricing
15,480 SF

Two-Story Medical Office Building

Established medical office property with parking garage and flexible owner-user occupancy options.

1220 116th Ave NE, Bellevue, WA 98004

View Details
Contact for pricing

Sage Office Building

Phased occupancy supports an immediate presence with additional space becoming available through August 2027.

2135 112th Ave NE, Bellevue, WA 98004

View Details

Similar Nearby for Lease

Contact for pricing
7,797 sqft

Office Space for Lease

Office space available for lease in Bellevue, WA, with multiple tax IDs listed.

188 106th Ave NE, Bellevue, WA 98004

View Details
Contact for pricing
7,711 sqft

Class A Office in Bellevue

High-image office building near downtown Bellevue with modern finishes.

11100 NE 8th Street, Bellevue, WA 98004

View Details
Contact for pricing
12,125 sqft

Office Space on Floors Two Through Three

Floors two through three can be combined for 36,156 RSF.

380 106th Ave NE, Bellevue, WA 98004

View Details
New

Contact for pricing
5,192 sqft

Office Building

Office building available for lease in Bellevue, WA.

1450 114th Ave SE, Bellevue, WA 98004

View Details
Contact for pricing
18,361 sqft

Office Building

Office building on 108th Ave NE in Bellevue, WA, available for rent.

411 108th Ave NE, Bellevue, WA 98004

View Details
Contact for pricing
18,858 sqft

Office Building for Lease

Office building available for lease, totaling 18,858 square feet and identified by Tax ID 1047000005.

155 108th Ave NE, Bellevue, WA 98004

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 1940 116th NE Ave?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

1940 116th NE Ave Bellevue, WA 98004

Property summary