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Property profile & analytics
OFF-MARKET
Estimated value
$6,500,000
Office buildings
875 140th NE Ave, Bellevue, WA 98005-3400
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1040114
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
FRAME
Total area
23,482 SF
Lot
1.04 ac (45,377 SF)
Zoning code
O
APN
272505-9310
UPID
US90-1040114
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
-
Bellevue Pediatric Dentistry Dental Office
-
Columbia Dental Group 콜럼비아 종합 치과 Dental Office
-
Lozan Sergey V DDS Dental Office
-
Allergy Free Seattle Alternative Medicine Practice
-
Diversified Movement Therapy Meditouch Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.50M
CAP Approach
CAP
$8.41M
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$6.50M
Owner & transaction history
Pisces Holdings LLC · 2 yrs held
Pisces Holdings LLC
since 2024
Last sale
$6.5M
6 recorded transactions
Zoning & alternative use
O · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.8M
+34.3%
Medical building
$9.3M
+15.5%
Retail stores
$9.2M
+14.7%
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
Method
Estimation
Statistic approach
$6,500,000
ML approach
$6,500,000
CAP Approach
CAP Return
Estimation
6%
$9,105,000
6.5%
$8,405,000
7%
$7,805,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,030,000
Current use
AUTO REPAIR, GARAGE
$10,780,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$9,275,000
Change: +16% · Conversion: Easy
RETAIL STORES
$9,210,000
Change: +15% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$8,955,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,140,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$6.50M
Range $5.85M – $7.15M · ±10% · vs last sale $6.50M (Apr 26 2024)
Last sale anchor
$6.50M
Apr 26 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$277 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$31,908
Tax year 2024
Assessed value
$4,240,800
Assessed 2023
Previous assessed
$4,240,800
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$3,630,100
Assessed improvement
$610,700
Land market value
$3,630,100
Improvement market value
$610,700
Total market value
$4,240,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Total area
23,482 SF
Lot
1.04 ac (45,377 SF)
Zoning code
O
APN
272505-9310
UPID
US90-1040114
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$9.3M
RETAIL STORES
Est. value
$9.2M
INDUSTRIAL (GENERAL)
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Lot
1.04 ac
Current owner
From public records · entity-resolved
Pisces Holdings LLC
Entity
Mailing address
6916 125TH AVE NE, KIRKLAND, WA 98033-8517
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$6,500,000
Pisces Holdings LLC
Parkland Building Associates LLC
Warranty Deed
$4,687,500 · First Citizens Bank & Trust Co
Aug 17, 2020
—
Parkland Building Associates LLC
—
Deed
related
$1,330,000 · First Citizens Bank & Trust Co
Sep 25, 2007
—
Parkland Building Assocs LLC
Ghazimorad,roy & Sharon
Quit Claim Deed
related
—
Oct 3, 2005
$2,600,000
Parkland Building Associates LLC
S J & Lai LLC
Warranty Deed
$1,700,000 · Washington Mutual Bank
—
—
Kenny L Acs
—
Deed Of Trust
related
$50,681 · Key Bank Of Washington
—
—
Thomas R Hazelrigg III
—
Deed Of Trust
related
$170,000 · Takisaki James T
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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