Financial
Distress signals
Property profile

1950 116th NE Ave Bellevue, WA 98004

OFF-MARKET
Industrial properties
Property ID
US90-1573304
21,000 SF 1.4 ac lot Built 1989
Last sale Sep 2025 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$56k
Tax billed · 2022
Assessed value$7.94M
Assessed land$7.94M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$192 – $604
Qualifying comparables3

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: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center10.5
Laundry Service10.0
Convenience Store9.9

Location

1950 116th NE Ave Bellevue, WA 98004-3019
County assessor Recorded deeds · 8 transfers 3 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

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11135 33rd, Bellevue, WA 98004-1451 $3,065,000 Feb 2022 8,000 SF
11113 33rd, Bellevue, WA 98004-1451 $6,340,000 Feb 2022 19,720 SF
11108 Northup, Bellevue, WA 98004-1413 $3,635,000 Feb 2022 8,800 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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