2606 116th NE Ave Bellevue, WA 98004-1422
Property profile & analytics
2606 116th NE Ave, Bellevue, WA 98004-1422
- Medical Office Space
- 48,324 SF
- 1.98 lot acres
Property ID
US90-0734818
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Paul Chung, MD / Ophthalmologist
- James Guzek / Ophthalmologist
- Dr. Eden Yoon / Ophthalmologist
- Dr. Jason Leng / Ophthalmologist
- Dr. Maynard Pohl / Physician
Property Details for 2606 116th NE Ave
- Year built
- 2000
- Construction
- WOOD
- Lot size
- 1.98 lot acres
- Zone code
- OLB
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 124270-0015
- APU
- 1242700015
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 1, 2023 | $18,500,000 | First Citizens Bank & Trust Company | Pacific Cataract And Laser Institut | Warranty Deed | — |
| Apr 7, 2017 | $13,500,000 | Pacific Cataract & Laser Inst | Bellevue 2606 LLC | Trustees Deed | $30M · Bank Of America |
| Oct 14, 2008 | — | Sweeney Conrad Real Estate LLC | Sweeney Conrad R/e Ptshp | Quit Claim Deed · related | — |
| Oct 14, 2008 | $13,500,000 | Bellevue 2606 LLC | Sweeney Conrad Real Estate LLC | Warranty Deed | $7.9M · Washington Mutual Bank |
| May 17, 2000 | $7,050,000 | Conrad Real Estate Par Sweeney | Johnson Underwood Properties | Grant Deed | $6.2M · Us Bank |
| Apr 7, 2000 | — | Johnson Underwood Properties | Underwood,john G | Quit Claim Deed · related | — |
| Mar 1, 2000 | $240,000 | Little School | Underwood,john G & Mary A | Grant Deed | — |
| Aug 31, 1999 | $1,407,250 | John G Underwood | Union Bank Of California Trust | Quit Claim Deed · related | $5.6M · Continental Savings Bank |
| Dec 27, 1993 | — | Bank Of California | Fultz,howard L | Quit Claim Deed · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $17,635,000
- ML approach
- $9,320,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,080,000
- 6.5%
- $12,075,000
- 7%
- $11,215,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,382,000
Market price range: $11.0M - $27.5M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $19,090,000 Current use
- COMMERCIAL (GENERAL)
- $24,635,000 Change: +29% Conversion: Easy
- AUTO REPAIR, GARAGE
- $22,185,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $18,955,000 Change: -1% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $18,430,000 Change: -3% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $16,755,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bellevue
- County
- King
- State
- Washington
- Longitude
- -122.184
- Latitude
- 47.6341
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$105,436
$6,051,300
$8,859,200
$14,910,500
-
$6,051,300
$8,859,200
$14,910,500
