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Property profile & analytics
FOR LEASE
Medical Office Space
410 Bellevue Way SE Bellevue, WA 98004
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0685496
For Lease
1 / 2
$40 SF/Yr
410 Bellevue Way SE, Bellevue, WA 98004
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Construction
WOOD
Total area
21,024 SF
Lot
1.09 ac (47,440 SF)
Zoning code
O
APN
522330-0100
UPID
US90-0685496
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
-
Haehl Sales Inc Big Box & Wholesale Store Food Market
-
Omni M2M (Bike/Boat/Book/etc) Store Corporate Office
-
Erica Yang, DDS, PLLC Bellevue WA Dentist Dental Office
-
Mc Lean Kenneth J DDS Dental Office
-
Donald S Davidson Inc: Davidson Sue Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.39M
Owner & transaction history
Pearson Family Investments LLC · 8 yrs held
Pearson Family Investments LLC
since 2018
5 recorded transactions
Zoning & alternative use
O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$161 / 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
$53,252
Tax year 2022
Assessed value
$7,529,400
Assessed 2022
Previous assessed
$7,529,400
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$6,641,600
Assessed improvement
$887,800
Land market value
$6,641,600
Improvement market value
$887,800
Total market value
$7,529,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1970
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
4
Total area
21,024 SF
Lot
1.09 ac (47,440 SF)
Zoning code
O
APN
522330-0100
UPID
US90-0685496
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
O · Bellevue, WA
Zoning O · permitted uses
O · 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
1970
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
4
Lot
1.09 ac
Current owner
From public records · entity-resolved
Pearson Family Investments LLC
Entity
Mailing address
330 112TH AVE NE STE #200, BELLEVUE, WA 98004-5800
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2018
$7,126,000
Pearson Family Investments LLC
Grader Properties LLC
Warranty Deed
$1,925,343 · Boeing Emps Cu
Jun 15, 2015
—
Grader Properties LLC
G & E Associates LLC
Warranty Deed
—
Dec 29, 2009
—
G & E Associates LLC
Grader Kilmarnock LLC
Quit Claim Deed
related
—
Oct 12, 1999
—
J & S Kilmarnock LLC
Ebel,john S & Susan
Quit Claim Deed
related
—
Jul 10, 1990
$1,257,000
George Etal Grader
Kilmarnock
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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