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Property profile & analytics
OFF-MARKET
Parking lots & garages
Bellevue, WA 98004
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1703503
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1950
Construction
WOOD FRAME
Total area
1,228 SF
Lot
0.23 ac (9,986 SF)
Zoning code
PO
APN
814610-0010
UPID
US90-1703503
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clise Bellevue Main LLC · 3 yrs held
Clise Bellevue Main LLC
since 2022
Last sale
$29.5M
7 recorded transactions
Zoning & alternative use
PO · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,667
Tax year 2022
Assessed value
$1,647,600
Assessed 2022
Previous assessed
$1,647,600
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$1,647,600
Land market value
$1,647,600
Total market value
$1,647,600
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
RADIANT
Stories
1
Total area
1,228 SF
Lot
0.23 ac (9,986 SF)
Zoning code
PO
APN
814610-0010
UPID
US90-1703503
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PO · Bellevue, WA
Zoning PO · permitted uses
PO · 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.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
RADIANT
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Clise Bellevue Main LLC
Entity
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
—
Clise Bellevue Main LLC
Clise Properties INC
Intrafamily Transfer
related
—
Sep 30, 2022
$29,500,000
Clise Properties INC
Everett Properties LLC
Bargain And Sale Deed
—
Sep 7, 2021
—
Everett Properties LLC
—
Deed
related
$3,200,000 · The Northern Trust Co
Jan 31, 2020
—
Everett Properties LLC
Frank E Everett III
Quit Claim Deed
related
—
Jul 1, 2002
—
Frank E Everett
—
Deed Of Trust
related
$2,000,000 · Northern Trust Bank
Mar 30, 1995
$285,000
Frank E Everett
Stewart,robert G & Shirley D
Grant Deed
—
—
—
Frank E Everett
—
Deed Of Trust
related
$1,200,000 · Beatt Equipment Co
—
—
Frank E Everett III
—
Deed Of Trust
related
$1,100,000 · Bank Of Bellevue
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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