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Property profile & analytics
OFF-MARKET
Estimated value
$7,950,000
Medical Office Space
2310 130th NE Ave Bellevue, WA 98005-1799
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1504745
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,144 SF
Lot
0.83 ac (35,955 SF)
Zoning code
PO
APN
619300-0020
UPID
US90-1504745
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Christy A. Kim, DDS Dental Office
-
Kay Duncan Physician
-
Amira Whitehill, MA, LMFT Crisis Center Medical Clinic
-
Dr. Philip Dunbar-Mayer Physician
-
Piril Ismet Akman Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.48M
Blend (final)
Blend
$7.95M
Owner & transaction history
Centennial 2310 Bellevue LLC · 3 yrs held
Centennial 2310 Bellevue LLC
since 2022
Last sale
$8.8M
6 recorded transactions
Zoning & alternative use
PO · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+34.3%
Commercial (general)
$9.3M
+29.1%
Auto repair, garage
$8.3M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,810,000
ML approach
$7,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,165,000
Current use
RESTAURANT
$9,625,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,250,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,330,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$7,120,000
Change: -1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,920,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,290,000
Change: -12% · Conversion: Moderate
OFFICE BUILDING
$6,205,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$7.95M
Range $7.16M – $8.75M · ±10% · vs last sale $8.77M (Oct 13 2022)
Last sale anchor
$8.77M
Oct 13 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$438 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$41,946
Tax year 2022
Assessed value
$5,930,300
Assessed 2022
Previous assessed
$5,930,300
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,337,000
Assessed improvement
$3,593,300
Land market value
$2,337,000
Improvement market value
$3,593,300
Total market value
$5,930,300
Applied tax rate
330.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
18,144 SF
Lot
0.83 ac (35,955 SF)
Zoning code
PO
APN
619300-0020
UPID
US90-1504745
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PO · Bellevue, WA
Zoning PO · permitted uses
PO · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellevue. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$7.2M
RESTAURANT
Est. value
$9.6M
COMMERCIAL (GENERAL)
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$8.3M
RETAIL STORES
Est. value
$7.1M
INDUSTRIAL (GENERAL)
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
OFFICE BUILDING
Est. value
$6.2M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Centennial 2310 Bellevue LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
Centennial 2310 Bellevue LLC
Eat Five LLC
Quit Claim Deed
related
—
Jul 1, 2022
$8,767,635
Centennial 2310 Bellevue LLC
The Windham Ranch Ltd
Bargain And Sale Deed
—
Jan 13, 2016
$5,112,500
Windham Ranch Ltd
Northup North Holding LLC
Grant Deed
—
Jan 29, 2013
—
Rosen Tivkah Family LLC
Northup North S & M LLC
Quit Claim Deed
related
—
Jan 6, 2011
—
Pruzan Building Co LLC
Pruzan Building Co LP
Quit Claim Deed
related
—
Oct 6, 2006
$4,005,000
Northup North S & M LLC
Benaroya Capital Co LLC
Grant Deed
$2,700,000 · Sun Life Assurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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