12200 NE 12th St, Bellevue, WA 98005

Small-Bay Industrial · Bellevue · Seattle-Bellevue metro, WA

One of 93 reachable small-bay industrial buildings in Bellevue. Larger than 5% of small-bay industrial buildings in Bellevue (median 19,640 SF), derived from assessor records.

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Building size: 5,800 SF, King County Assessor
Lot size: 11,367 SF, King County Assessor
Year built: 1972, King County Assessor
Stories: 1, King County Assessor
Predominant use: Service Garage, King County Assessor
Assessed value: $1,525,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $263.07/SF, derived from assessor records
Lot coverage: 51%, derived from assessor records
Vintage: 1970s vintage
Zoning: BR-OR, King County
County use code: Industrial(Lignt)
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1215 120th Ave NE, Bellevue · 0.2 mi · 27,380 SF · built 1985 · assessed $470.84/SF
1239 120th Ave NE, Bellevue · 0.2 mi · 101,134 SF · built 1983 · assessed $459.51/SF
1500 124th Ave NE, Bellevue · 0.3 mi · 79,974 SF · built 1971 · assessed $196.93/SF
1750 124th Ave NE, Bellevue · 0.3 mi · 52,036 SF · built 1982 · assessed $338.44/SF
12748 Bel Red Rd, Bellevue · 0.3 mi · 29,520 SF · built 1978 · assessed $452.77/SF
1723 124th Ave NE, Bellevue · 0.4 mi · 250,188 SF · built 1972 · assessed $527.50/SF

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Sale history and market context

MakeMe Estimate: $2,126,083 (estimated market value), with a likely range of $1,493,024 to $2,354,639 (half of recent verified sales in this segment landed inside that range). Based on 86 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 1998 (about 28 years) per recorded transfers.

3 administrative transfers (no consideration), 1998 to 1998

1995-03-14: $46,998 from Private party to Private party (non-market transfer), rec. 199504031062

1995-03-14: $23,499 from Private party to Private party (non-market transfer), rec. 199504031058

1995-03-14: $23,499 from Private party to Private party (non-market transfer), rec. 199504031060

1994-11-29: $90,545 from Private party to Private party (non-market transfer), rec. 199412091200

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $716,800 (2011) to $1,525,800 (2026), up 113% over 15 years, per county tax rolls. The 2026 roll splits $1,525,800 into $1,250,300 land and $275,500 improvements.

Zoning: BR-OR (per King County)

Lot: 11,367 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Garage, Service Repair 5,800 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)