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Financial
Distress signals
Property profile

605 119Th Ave NE Bellevue, WA 98005

FOR SALE
Office buildings
Property ID
US90-0679502
11,038 SF 2.06 ac lot Built 1980
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial land parcel covering 2.84 acres (123,922 square feet), identified by parcel numbers 3325059134 and 3325059133. The listing also references a building area of 29,136 square feet and indicates that on-site utilities are available. The site is zoned Mixed-Use Highrise, which supports mixed-use high-rise development options, and it is described as being within a short walking distance of the Wilburton Link Light Rail Station, approximately a 4-minute walk, providing access to major public transit facilities.

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 · 2022

What does the county charge?
$98k
Tax billed · 2022
Assessed value$13.91M
Assessed land$13.91M
Assessed improvement$1k
Effective rate0.71%

Value estimate

· Oct 2026
$2.88M
$2.59M – $3.17M
CAP approach$3.95M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$342/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$167 – $598
Qualifying comparables3

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?
GC
General Commercial is a mixed retail and commercial designation that provides for the location of a wide variety of business activities t...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.8
Veterinary Clinic9.4
Pet Grooming Service9.2

Location

605 119Th Ave NE Bellevue, WA 98005
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13629 Bel Red, Bellevue, WA 98005-4555 $1,900,000 Sep 2023 10,560 SF
12507 Bel Red, Bellevue, WA 98005-2500 $4,450,000 Aug 2022 7,686 SF
902 140th NE, Bellevue, WA 98005-3464 $5,450,000 Mar 2022 8,808 SF
345 118th SE, Bellevue, WA 98005-3587 $4,200,000 Aug 2021 9,348 SF
11661 1st, Bellevue, WA 98005-3526 $7,200,000 May 2021 13,376 SF
13606 20th, Bellevue, WA 98005-2011 $16,250,000 Dec 2019 9,571 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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