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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Hotels
3700 132nd SE Ave Bellevue, WA 98006-7300
Individually Owned
Free & Clear
Property ID
US90-1441808
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Construction
WOOD
Total area
13,324 SF
Lot
3.46 ac (150,920 SF)
Zoning code
OLB2
APN
102405-9020
UPID
US90-1441808
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
-
Extended Stay America - Seattle - Bellevue - Factoria Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Esa C2 P Portfolio Operating Lessee
Esa C2 P Portfolio Operating Lessee
since 2025
7 recorded transactions
Zoning & alternative use
OLB2 · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the OLB 2 District is to provide an area of integrated complexes made up of offices, hotels, or motels, eating and drinking establishments, and retail sales within walking distance to support business and employees.
Zone name
Office Limited Business 2
General category
COMMERCIAL
Zone area
230.06 ac
Source
Realmo
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
by Request
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
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
$66 / 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
$174,691
Tax year 2022
Assessed value
$24,706,100
Assessed 2022
Previous assessed
$24,706,100
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$8,602,400
Assessed improvement
$16,103,700
Land market value
$8,602,400
Improvement market value
$16,103,700
Total market value
$24,706,100
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
13,324 SF
Lot
3.46 ac (150,920 SF)
Zoning code
OLB2
APN
102405-9020
UPID
US90-1441808
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OLB2 · Bellevue, WAZoning OLB2 · permitted uses
OLB2 · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the OLB 2 District is to provide an area of integrated complexes made up of offices, hotels, or motels, eating and drinking establishments, and retail sales within walking distance to support business and employees.
Zone name
Office Limited Business 2
General category
COMMERCIAL
Zone area
230.06 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
3
Lot
3.46 ac
Current owner
From public records · entity-resolved
Esa C2 P Portfolio Operating Lessee
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 49550, CHARLOTTE, NC 28277-9550
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
Esa C2 Portfolio L L C
—
Deed
related
—
Nov 26, 2025
—
Esa C2 P Portfolio Operating Lessee
Esa C2 Portfolio LLC
Deed
—
Jun 21, 2021
—
Esa P Portfolio Operating Lessee Ll
Esa P Portfolio LLC
Lease
—
Dec 7, 2001
—
Bre/hv Properties LLC
—
Deed Of Trust
related
$400,000,000 · Bear Stearns Funding INC
Apr 5, 1996
—
Ptr Homestead Village INC
—
Deed Of Trust
related
$148,164,832 · Security Capital Pacific Trust
Mar 22, 1996
$650,000
Haselwood Courter Enterprises
Factoria Associates
Trustees Deed
—
Mar 22, 1996
$1,509,270
Ptr Homestead Village INC
Factoria Associates
Trustees Deed
—
—
—
Bre Of Hv Properties LLC
—
Deed Of Trust
related
$2,520,000 · Bank Of America
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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