12509 Bel-Red Rd $4,400,000

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    12509 Bel-Red Rd Bellevue, WA 98005

    • 0.66 Acres
    • Commercial/Industrial
    Listing# 1492465 | Active
    Days On Market: 92 0 Views
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    Property Details

    Chance to own before completion of spring district / light rail (1 block away) . 1 suite down and 4 on second floor . Suite 100 has a Kitchen suite 200 partial . Fully occupied with long term tenants and on site mgt. currently . Plenty of overflow parking . Ideal location 5 min drive to downtown 5 minutes to Overlake .

    • General Features
      • County King
      • Approx Building SqFt 7,686
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial
      • Style 73-Office
      • Total Covered Parking 0
      • Total Uncovered Parking 24
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Wood
      • Foundation Concrete Block
      • Roof Composition
      • Floor Covering Wall-to-Wall Carpet
      • Features Sprinklered, Storage
      • Heating and Cooling Forced Air
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 8328
      • Sewer Sewer Connected
      • Energy Source Electric
      • Power Company PSE
      • Number of Available Pads 0
      • Lot Square Footage 28,720
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 33
      • Cap Rate -NOI div LP 1.13
      • Gross Scheduled Income $130,320
      • Gross Adjusted Income $130,320
      • Total Expenses $80,515
      • NOI $49,805
      • Electrical Expenses $12,337
      • Tax Expense $14,321
      • Heating Expense $0
      • Insurance Expense $5,279
      • Other Expenses $40,250
      • Tax Year 2018
      • Annual Assoc. Dues $450

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    Neighborhood

    98005 (Bellevue) Demographics

    38Median Age
    2,409Population Density (per sq. mile)
    70%College Educated
    $96,767 Estimated Median Income
    4,151Estimated Total Home Owners
    3,369Estimated Total Renters
    55% / 45%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    18,059Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $822,500 Median Sales Price
    19 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,400,000
        7/18/2019 6:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.