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    Property profile & analytics

    699 120Th Ave NE Bellevue, WA 98005

    • Outlet malls
    • 71,163 SF
    • 5.65 lot acres
    For Lease
    View listing
    $48 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US90-0536009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wilburton Crossing / Business Center
    • Uwajimaya Bellevue / Grocery Store / Japanese Grocery Store
    • Total Wine & More / Wine Store / Liquor Store
    • うわじまや / Grocery Store
    • Uwajimaya / Supermarket / Grocery Store

    Property Details for 699 120Th Ave NE

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.65 lot acres
    Property size
    71,163 SF
    Zone code
    GC
    Property type
    Outlet malls
    APN
    332505-9120
    APU
    3325059120

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.182
    Latitude
    47.616
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $243,478
    $34,434,400
    $1,000
    $34,435,400
    -
    $34,434,400
    $1,000
    $34,435,400

    Comparable in this City

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      11919 8th St

      WHOLESALE OUTLET, DISCOUNT STORE • 12,023 SF
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    • Value Estimation by Request
      105,700 SF

      325 120th NE Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 105,700 SF
      325 120th NE Ave, Bellevue, WA 98005-3025
      View Details

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      Retail Space Available in 2025

      Endcap retail space with excellent visibility, available May 2025.
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    Property Visit Statistics

    • Visits by month
      47.5k
    • Visitors by month
      31.7k
    • Avg Time on site
      20 min
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    699 120Th Ave NE
    Bellevue, WA 98005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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