Property profile

405 114th SE Ave Bellevue, WA 98004

OFF-MARKET
Office buildings
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Property ID
US90-1682302
50,358 SF 1.8 ac Built 1982
Last sale Apr 2005·$6,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 12,885-square-foot office space, located in the Cordova Building, Suite 200, at 405 114th Ave SE, Bellevue, WA 98004, presents a rare sublease opportunity. The space is fully furnished and ready for immediate occupancy, offering a "plug-and-play" solution for businesses seeking a seamless transition. The suite features in-suite restrooms, adding to its convenience and functionality. This traditional office space is part of a multi-tenant building in King County. The master…

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 · 2024

What does the county charge?
$113k
Tax billed · 2024
Assessed value · 2023$14.11M
Assessed land$6.65M
Assessed improvement$7.46M
Effective rate0.80%

Value estimate

· Nov 2026
$8.96M
$8.06M – $9.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$548/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$300 – $771

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?
OLB
Office and Limited Business Districts provide areas for the location of integrated complexes made up of offices, hotels or motels, eating...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store16.9
Veterinary Clinic10.5
Storage Facility10.3

Location

405 114th SE Ave Bellevue, WA 98004-6475
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2229 112th NE, Bellevue, WA 98004-2981 $16,000,000 Feb 2025 34,120 SF
2233 112th NE, Bellevue, WA 98004-2936 $16,000,000 Feb 2025 27,678 SF
10801 Main, Bellevue, WA 98004-6366 $29,500,000 Dec 2022 36,772 SF
2600 116th NE, Bellevue, WA 98004-1426 $18,800,000 Oct 2021 51,243 SF
3009 112th NE, Bellevue, WA 98004-8006 $83,834,518 Sep 2021 62,727 SF
305 108th NE, Bellevue, WA 98004-5786 $32,500,000 Jul 2021 32,628 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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Includes: Price & PSF · Cap rate · Location · Zoning

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