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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Investment properties
Bellevue, WA 98004
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-2236490
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1963
Construction
WOOD FRAME
Total area
3,304 SF
Lot
0.25 ac (10,933 SF)
Zoning code
DNTN-R
APN
292505-9149
UPID
US90-2236490
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
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$630k
Owner & transaction history
J & E Limestone Holdings LLC · 6 yrs held
J & E Limestone Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
DNTN-R · 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
Method
Estimation
Statistic approach
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$191 / 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
$36,734
Tax year 2022
Assessed value
$5,193,100
Assessed 2022
Previous assessed
$5,193,100
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$5,193,100
Land market value
$5,193,100
Total market value
$5,193,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Total area
3,304 SF
Lot
0.25 ac (10,933 SF)
Zoning code
DNTN-R
APN
292505-9149
UPID
US90-2236490
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DNTN-R · Bellevue, WA
Zoning DNTN-R · permitted uses
DNTN-R · 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
1963
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
J & E Limestone Holdings LLC
Entity
Mailing address
2033 6TH AVE STE #600, SEATTLE, WA 98121-2591
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
$29,480,000
J & E Limestone Holdings LLC
Preg Limestone
Trustees Deed
$14,000,000 · Miscellaneous Ins Co
Jul 6, 2012
$16,505,000
Preg Limestone
Limestone Court Of Bellevue LLC
Special Warranty Deed
$10,700,000 · Cbre Multifamily Capital INC
Jun 27, 2012
—
Preg Limestone
Limestone Court Of Bellevue LLC
Quit Claim Deed
related
—
Oct 22, 1998
—
Bellevue City (wa)
Limestone Court Bellevue LLC
Quit Claim Deed
related
—
Oct 1, 1998
—
Limestone Court Of Bellevue Lc
—
Grant Deed
related
$8,981,000 · Us Bank
Jan 22, 1998
$1,150,000
Limestone Court Bellevue LLC
Chen,ching H & Tzu M
Grant Deed
—
—
—
Preg Limestone
—
Deed Of Trust
related
$3,100,000 · Cbre Multifamily Cap
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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