Property profile

214 111th NE Ave Bellevue, WA 98004

OFF-MARKET
Office buildings
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Property ID
US90-0367638
2,100 SF 0.35 ac Built 1955
Last sale Jul 1990·$614,120
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the heart of Downtown Bellevue, Washington. The property encompasses a 2,100 square foot, single-tenant office building situated on a substantial 0.35-acre lot (15,277 square feet). Built in 1955 and renovated in 1985, the two-story building offers ample space for a variety of commercial uses. The property boasts 60 parking spaces, a significant advantage in this high-demand location. Its zoning designation is…

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?
$62k
Tax billed · 2022
Assessed value$8.79M
Assessed land$8.78M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Nov 2026
$505k
$455k – $556k
AI approach$365k
Submarket $/SF estimate$396k

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?
DNTN-MU
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.3
Catering Service8.0
Bike Shop7.9

Location

214 111th NE Ave Bellevue, WA 98004-8333
County assessor Recorded deeds · 3 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11508 20th, Bellevue, WA 98004-3005 $1,500,000 Jul 2025 1,740 SF
11512 20th, Bellevue, WA 98004-3005 $1,250,000 Jun 2025 1,756 SF
11418 19th, Bellevue, WA 98004-3030 $1,750,000 Nov 2021 1,850 SF
11512 19th, Bellevue, WA 98004-3029 $1,760,000 Nov 2021 2,370 SF
1911 116th NE, Bellevue, WA 98004-3046 $1,600,000 Oct 2021 1,670 SF
11431 20th, Bellevue, WA 98004-3008 $3,160,000 Oct 2021 1,846 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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