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Property profile & analytics
OFF-MARKET
Estimated value
$5,335,000
Office buildings
902 140th NE Ave, Bellevue, WA 98005-3464
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1160655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD
Total area
8,808 SF
Lot
1.46 ac (63,500 SF)
Zoning code
O
APN
272505-9024
UPID
US90-1160655
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
-
Shamrock Montessori School High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.27M
Blend (final)
Blend
$5.34M
Owner & transaction history
3s Investment LLC · 4 yrs held
3s Investment LLC
since 2022
Last sale
$5.5M
2 recorded transactions
Zoning & alternative use
O · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+55.2%
Commercial (general)
$4.5M
+49.1%
Auto repair, garage
$4.0M
+34.3%
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
$5,265,000
ML approach
$5,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,675,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,490,000
Change: +49% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,045,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$3,480,000
Change: +16% · Conversion: Easy
RETAIL STORES
$3,455,000
Change: +15% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,360,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$5.34M
Range $4.80M – $5.87M · ±10% · vs last sale $5.45M (Mar 8 2022)
Last sale anchor
$5.45M
Mar 8 2022
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
$606 / 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
$35,942
Tax year 2022
Assessed value
$5,081,000
Assessed 2022
Previous assessed
$5,081,000
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$5,080,000
Assessed improvement
$1,000
Land market value
$5,080,000
Improvement market value
$1,000
Total market value
$5,081,000
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
1982
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
8,808 SF
Lot
1.46 ac (63,500 SF)
Zoning code
O
APN
272505-9024
UPID
US90-1160655
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
RESTAURANT
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1982
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
2
Lot
1.46 ac
Current owner
From public records · entity-resolved
3s Investment LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11201 SE 8TH ST STE #170, BELLEVUE, WA 98004-6420
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
$5,450,000
3s Investment LLC
Washington Society Of Certefied Pub
Warranty Deed
—
Jun 23, 1983
$1,425,000
Washington Society Of
Pacific Bellevue Dev
Warranty Deed
related
—
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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