Property profile

3220 118th SE Ave Bellevue, WA 98005

OFF-MARKET
Industrial properties
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Property ID
US90-1443081
7,631 SF 0.59 ac Built 1988
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$13k
Tax billed · 2022
Assessed value$1.82M
Assessed land$692k
Assessed improvement$1.13M
Effective rate0.71%

Value estimate

· Nov 2026
$845k
$761k – $930k
CAP approach$1.08M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 166 recorded sales of this use type
Observed band · Q1–Q3$192 – $604
Qualifying comparables6

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?
LI
Light Industrial Districts provide for the location of a broad array of activities, including manufacturing, wholesale trade and distribu...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.1
Law Firm8.8
Watch Repair Shop8.7

Location

3220 118th SE Ave Bellevue, WA 98005-4198
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1525 132nd NE, Bellevue, WA 98005-2238 $18,200,000 Mar 2022 7,326 SF
13212 Bel Red, Bellevue, WA 98005-2311 $46,350,000 Sep 2020 9,750 SF
12330 Northup, Bellevue, WA 98005-1915 $8,000,000 Jul 2020 8,800 SF
1600 127th NE, Bellevue, WA 98005-2136 $12,993,700 Jan 2020 7,200 SF
13622 20th, Bellevue, WA 98005-4900 $16,250,000 Dec 2019 6,616 SF
13600 20th, Bellevue, WA 98005-2000 $16,250,000 Dec 2019 9,800 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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