$32 SF/Yr 27,678 SF available

2233 112Th Ave Northeast, Bellevue, WA 98004
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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. 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?

$70k

Tax billed · 2022

Assessed value$9.85M

Assessed land$7.87M

Assessed improvement$1.99M

Effective rate0.71%

Value estimate

· Nov 2026

$5.35M

$4.82M – $5.89M

NOI build-up

Gross scheduled income$996k

Vacancy & credit loss−$191k

Operating expenses−$201k

NOI · 1,886,946.88% cap applied$604k

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?

1,886,946.88%

$604k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

Office Districts provide areas for business, financial and professional service offices, located on arterial or commercial access streets...

General categoryCOMMERCIAL

JurisdictionKING

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Repair Shop

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

Demand index

Auto Repair Shop17.0

Auto Parts Store14.7

Convenience Store14.3

2233 112Th Ave Northeast Bellevue, WA 98004

County assessor Recorded deeds · 8 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

2229 112th NE, Bellevue, WA 98004-2981 $16,000,000 Feb 2025 34,120 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

10801 Main, Bellevue, WA 98004-6366 $29,500,000 Dec 2022 36,772 SF

2600 116th NE, Bellevue, WA 98004-1426 $18,800,000 Oct 2021 51,243 SF

305 108th NE, Bellevue, WA 98004-5786 $32,500,000 Jul 2021 32,628 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
$9,860,000

29,752 SF

700 112th NE Ave

OFFICE BUILDING

700 112th NE Ave, Bellevue, WA 98004-5106

View Details
Value Estimation
$8,480,000

47,235 SF

1800 112th NE Ave

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1800 112th NE Ave, Bellevue, WA 98004-2993

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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 by Request
62,727 SF

3009 112th NE Ave

OFFICE BUILDING

3009 112th NE Ave, Bellevue, WA 98004-8006

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
$2,100,000

9,638 SF

1940 116th NE Ave

OFFICE BUILDING

1940 116th NE Ave, Bellevue, WA 98004-3097

View Details

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2233 112Th Ave Northeast Bellevue, WA 98004