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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Retail space
3920 Factoria SE Blvd Bellevue, WA 98006-6122
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1773381
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,814 SF
Lot
1.67 ac (72,917 SF)
Zoning code
CB
APN
162405-9261
UPID
US90-1773381
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
-
Taco Time NW Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Factoria Tt LLC · 15 yrs held
Factoria Tt LLC
since 2011
7 recorded transactions
Zoning & alternative use
CB · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Community Business Districts serve community markets and provide areas for the location of services and retail outlets, other than Downtown.
Zone name
Community Business
General category
COMMERCIAL
Zone area
251.46 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$2.7M
+17.0%
Office building
$2.6M
+12.0%
Medical building
$2.3M
+0.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,710,000
6.5%
$1,580,000
7%
$1,470,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,280,000
Current use
AUTO REPAIR, GARAGE
$2,670,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$2,555,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$2,295,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,215,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,015,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$279 / 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
$41,512
Tax year 2022
Assessed value
$5,868,900
Assessed 2022
Previous assessed
$5,868,900
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$4,593,700
Assessed improvement
$1,275,200
Land market value
$4,593,700
Improvement market value
$1,275,200
Total market value
$5,868,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Total area
5,814 SF
Lot
1.67 ac (72,917 SF)
Zoning code
CB
APN
162405-9261
UPID
US90-1773381
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Bellevue, WAZoning CB · permitted uses
CB · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Community Business Districts serve community markets and provide areas for the location of services and retail outlets, other than Downtown.
Zone name
Community Business
General category
COMMERCIAL
Zone area
251.46 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Lot
1.67 ac
Current owner
From public records · entity-resolved
Factoria Tt LLC
Entity
Mailing address
20620 HWY 410TH E, BONNEY LAKE, WA 98391
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Tacton INC
—
Deed
related
$13,000,000 · Us Bank NA
Apr 30, 2025
—
Factoria Auto Center LLC
—
Deed
related
$3,800,000 · Symetra Life Insurance Co
May 19, 2022
—
Tacton INC
—
Deed
related
$8,000,000 · Us Bank NA
Feb 19, 2019
—
Factoria Tt LLC
—
Deed
related
$617,486 · Us Bk
Feb 11, 2011
$1,500,000
Factoria Tt LLC
Factoria Auto Center LLC
Warranty Deed
related
$1,697,120 · Standard Insurance Co
Apr 16, 2003
—
Factoria Auto Center LLC
—
Deed Of Trust
related
$2,250,000 · Stancorp Mortgage Investors
—
—
Factoria Auto Center LLC
—
Deed Of Trust
related
$1,697,120 · Standard Insurance Co
—
—
Factoria Tt LLC
—
Deed Of Trust
related
$617,486 · Us Bk
—
—
Factoria Auto Center LLC
—
Deed Of Trust
related
$2,500,000 · Miscellaneous Ins Co
—
—
Factoria Auto Center LLC
—
Deed Of Trust
related
$1,970,000 · Seafirst Bank
—
—
Factoria Auto Center LLC
—
Deed Of Trust
related
$503,291 · Key Bank NA
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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