Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    888 116th NE Ave Bellevue, WA 98004-4607

    • Parking lots & garages
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1875457
    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

    • Whole Foods Market / Wine Store / Cheese Shop
    • EVgo Charging Station / Electric Vehicle Charging Station
    • Kikka Sushi / Sushi Takeaway
    • Market Cocina / Fast Food Restaurant / Taco Restaurant
    • Amazon Hub Counter+ / Package Locker / Shipping Service

    Property Details for 888 116th NE Ave

    Lot size
    1.26 lot acres
    Zone code
    BR-GC
    Property type
    Parking lots & garages
    APN
    282505-9083
    APU
    2825059083

    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
    -122.184
    Latitude
    47.6185
    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
    $68,191
    $9,642,500
    $0.00
    $9,642,500
    -
    $9,642,500
    $0.00
    $9,642,500

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

      800 Lk Washington SE Blvd

      PARKING LOT • 0.21 Acres
      800 Lk Washington SE Blvd, Bellevue, WA 98004
      View Details
    • Value Estimation by Request
      0.17 Acres

      Bellevue, WA 98004

      PARKING LOT • 0.17 Acres
      Bellevue, WA 98004
      View Details
    • Value Estimation by Request
      0.39 Acres

      839 106th NE Ave

      PARKING LOT • 0.39 Acres
      839 106th NE Ave, Bellevue, WA 98004-4319
      View Details
    • Value Estimation by Request
      0.56 Acres

      Bellevue, WA 98004

      PARKING LOT • 0.56 Acres
      Bellevue, WA 98004
      View Details
    • Value Estimation by Request
      0.17 Acres

      909 109th NE Ave

      PARKING LOT • 0.17 Acres
      909 109th NE Ave, Bellevue, WA 98004-4404
      View Details
    • Value Estimation by Request
      0.44 Acres

      Bellevue, WA 98004

      PARKING GARAGE, PARKING STRUCTURE • 0.44 Acres
      Bellevue, WA 98004
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Redevelopment Opportunity in Bellevue, WA

      Three parcels available for redevelopment with interim income potential.
      125 Main St, Bellevue, WA 98004
      View Details
    • $640,000

      Downtown Bellevue Turnkey Restaurant Opportunity

      Turnkey restaurant in downtown Bellevue with full bar and patio.
      Bellevue, WA 98004
      View Details
    • $1,600,000
      2,521 SF

      Medical Condo Near Overlake Hospital

      2,521 SF medical condo in Bellevue's medical corridor.
      1900 116Th Ave NE, Bellevue, WA 98004
      View Details
    • $9,750,000

      Clyde Hill Residential Land Parcel

      Rare 1.8-acre residential parcel in Clyde Hill.
      9406 32Nd St, Clyde Hill, WA 98004
      View Details
    • $7,500,000
      43,006 SF

      Bellevue Way Development Opportunity

      Development site near downtown Bellevue with income-producing tenants.
      814-844 Bellevue Way SE, Bellevue, WA 98004
      View Details
    • Contact for pricing
      9,202 SF

      Bellevue Office Building For Sale

      9,202 SF Owner-User Opportunity
      1416 112th Ave NE, Bellevue, WA 98004
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Bellevue Parking Lot Rental

      Prime parking lot in Downtown Bellevue with flexible leasing options.
      10801 NE 8Th St, Bellevue, WA 98004
      View Details
    • $45 SF/Yr
      2,200 SF

      Soma Towers Retail Space

      Premier retail space in Soma Towers, Downtown Bellevue.
      258-288 106Th Ave NE, Bellevue, WA 98004
      View Details
    • Contact for pricing
      9,984 SF

      Downtown Bellevue Retail Space Available

      Prime retail location near Bellevue Square and Lincoln Square.
      1100 Bellevue Way NE, Bellevue, WA 98004
      View Details
    • Contact for pricing
      33,702 SF

      Bellevue Square Retail Space Available

      Large retail space in dynamic Bellevue Square shopping center.
      302 Bellevue Sq, Bellevue, WA 98004
      View Details
    • Contact for pricing
      1,073 SF

      Downtown Bellevue Retail/Office Sublease

      Ground-floor suite in Bellevue's 555 Tower, ready for build-out.
      555 108Th Ave NE, Bellevue, WA 98004
      View Details
    • $52 SF/Yr
      2,967 SF

      Downtown Bellevue Retail Space

      Retail space in a premier downtown Bellevue location.
      10608 NE 4Th St, Bellevue, WA 98004
      View Details

    Property Visit Statistics

    • Visits by month
      101.8k
    • Visitors by month
      76.0k
    • Avg Time on site
      23 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    888 116th NE Ave
    Bellevue, WA 98004-4607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.