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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office buildings
3150 Richards Rd, Bellevue, WA 98005-4446
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3323967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
CONCRETE
Total area
47,880 SF
Lot
1.62 ac (70,417 SF)
Zoning code
LI
APN
545330-0241
UPID
US90-3323967
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
-
Reunions With Class, Inc Marketing & Advertising Event Planning
-
Opal Advisors Financial Advisor
-
Better Properties Eastside Real Estate Agency
-
Witekio Seattle - Embedded and IoT Software Development US (Bike/Boat/Book/etc) Store Corporate Office
-
Evergreen Insurance Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Ebm Re V LLC · 1 yrs held
Ebm Re V LLC
since 2024
Last sale
$385,000
7 recorded transactions
Zoning & alternative use
LI · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$395,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $385k (Jan 28 2025)
Last sale anchor
$385k
Jan 28 2025
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
$12 / 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
$90,619
Tax year 2022
Assessed value
$12,814,800
Assessed 2022
Previous assessed
$12,814,800
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$1,619,500
Assessed improvement
$11,195,300
Land market value
$1,619,500
Improvement market value
$11,195,300
Total market value
$12,814,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Total area
47,880 SF
Lot
1.62 ac (70,417 SF)
Zoning code
LI
APN
545330-0241
UPID
US90-3323967
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Bellevue, WA
Zoning LI · permitted uses
LI · 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.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Ebm Re V LLC
Entity
Mailing address
3150 RICHARDS RD S STE #170, BELLEVUE, WA 98005-4446
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
—
Ebm Re V LLC
Ebm Re Xi LLC
Intrafamily Transfer
related
$607,000 · Bfspv I LLC
Jul 2, 2024
—
Yummy Wahoo LLC
Yu Law Jackson Xiao
Quit Claim Deed
related
$1,000,000 · Bellevue Funding LLC
Apr 13, 2015
—
Vincent D Miller I LLC
Vincent D Miller Ents
Quit Claim Deed
—
Sep 29, 2005
$7,000,000
Vincent D Miller Ents
William Ryan Co LLC
Warranty Deed
$4,600,000 · Jefferson-pilot Life Insurance
Apr 20, 1990
$3,208,137
Sdl Building Partners
Richard Park Ass
Grant Deed
—
—
—
William Ryan Co LLC
—
Deed Of Trust
related
$254,455 · City Bank
—
—
Freeby General Partnership
—
Deed Of Trust
related
$3,900,000 · Ge Capital Assurance
—
—
William Ryan Co LLC
—
Deed Of Trust
related
$959,731 · Pacific International Bank
—
—
William Ryan Co LLC
—
Deed Of Trust
related
$425,905 · City Bank
—
—
William Ryan Co LLC
—
Deed Of Trust
related
$800,000 · Nam S Kim
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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