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Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Auto shops
430 116th NE Ave Bellevue, WA 98004-5209
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1741837
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1962
Construction
STEEL FRAME
Total area
23,691 SF
Lot
2.62 ac (114,127 SF)
Zoning code
GC
APN
332505-9142
UPID
US90-1741837
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
-
Chevrolet of Bellevue Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Bellevue Dev Owner LLC · 9 yrs held
Bellevue Dev Owner LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · 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
$76 / 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
$146,376
Tax year 2022
Assessed value
$20,701,100
Assessed 2022
Previous assessed
$20,701,100
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$19,972,200
Assessed improvement
$728,900
Land market value
$19,972,200
Improvement market value
$728,900
Total market value
$20,701,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
23,691 SF
Lot
2.62 ac (114,127 SF)
Zoning code
GC
APN
332505-9142
UPID
US90-1741837
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Bellevue, WA
Zoning GC · permitted uses
GC · 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
1962
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
2.62 ac
Current owner
From public records · entity-resolved
Bellevue Dev Owner LLC
Entity
Mailing address
11225 SE 6TH ST, BELLEVUE, WA 98004-6441
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2016
$24,000,000
Bellevue Dev Owner LLC
Fazenda LLC
Grant Deed
—
Aug 3, 2007
$15,500,000
Fazenda LLC
Lithia Real Estate INC
Warranty Deed
$15,018,750 · Gmac
Oct 6, 2003
$3,498,330
Lithia Real Estate INC
Brooks Holdings INC
Grant Deed
—
Dec 22, 1997
—
Brooks Mcknight Chevrolet-geo
Grm Corporation
Quit Claim Deed
related
—
May 26, 1994
$3,100,000
Brooks-mcknight Chevrolet-geo
Bmc Holdings INC
Grant Deed
$2,170,000 · General Motors Acceptance Corp
—
—
Gregory Brooks
—
Deed Of Trust
related
$875,000 · Ric Mangiarlardi
—
—
Lithia Real Estate
—
Deed Of Trust
related
$7,898,625 · General Motors Acceptance Corp
—
—
Lithia Real Estate INC
—
Deed Of Trust
related
$1,712,550 · Gmac Bank
—
—
Fazenda LLC
—
Deed Of Trust
related
$13,693,015 · Gmac Bank
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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