1533 120th Ave NE, Bellevue, WA 98005

NNN Retail · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: multi-level parking garage. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 167 reachable nnn retail buildings in Bellevue. Larger than 96% of nnn retail buildings in Bellevue (median 9,156 SF), derived from assessor records.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Claim or manage this building

Building size: 369,486 SF, King County Assessor
Lot size: 157,685 SF, King County Assessor
Year built: 2019, King County Assessor
Stories: 7, King County Assessor
Buildings on parcel: 3, King County Assessor
Predominant use: Parking Garage, Shop, And Car Wash, King County Assessor
Assessed value: $61,039,100, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $165.20/SF, derived from assessor records
Lot coverage: 234%, derived from assessor records
Vintage: 2010s vintage
Zoning: BR-OR-2, King County
County use code: Auto Showroom and Lot
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): structured, AI estimate from public imagery

Nearby comparable buildings

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

1018 116th Ave NE, Bellevue · 0.3 mi · 86,150 SF · built 1982 · assessed $535.30/SF
23 Lake Bellevue Dr, Bellevue · 0.3 mi · 9,156 SF · built 1985 · assessed $575.19/SF
11950 Bel Red Rd, Bellevue · 0.4 mi · 26,279 SF · built 1985 · assessed $535.09/SF
11850 Bel Red Rd, Bellevue · 0.4 mi · 46,361 SF · built 2010 · assessed $587.15/SF
11910 NE 8th St, Bellevue · 0.4 mi · 38,327 SF · built 2014 · assessed $907.51/SF
11855 NE 8th St, Bellevue · 0.4 mi · 6,770 SF · built 1959 · assessed $781.02/SF

Want to talk to the owner? makeme1031 delivers a private, principal-to-principal letter to the owner of record. We never publish the owner's identity or address.

Sale history and market context

MakeMe Estimate: $90,926,833 (estimated market value), with a likely range of $66,639,616 to $106,340,626 (half of recent verified sales in this segment landed inside that range). Based on 13 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2014 (about 12 years) per recorded transfers.

2017-01-03: $178,400 from Auto Company Xxi INC to Bellevue City of (part of a 2-parcel sale; price is the whole deal), rec. 20170321001405

2017-01-03: $60,400 from Auto Company Xxi INC to Bellevue City of (part of a 2-parcel sale; price is the whole deal), rec. 20170321001404

2014-10-22: $51,000,000 from Barrier Properties 1533 LLC to Auto Company Xxi INC (part of a 3-parcel sale; price is the whole deal), rec. 20141022000676

2001-12-24: $7,150,000 from Fibres International INC to Barrier Properties LLC (part of a 3-parcel sale; price is the whole deal), rec. 20011228001797

3 administrative transfers (no consideration), 1997 to 2001

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 $17,554,600 (2011) to $61,039,100 (2026), up 248% over 15 years, per county tax rolls. The 2026 roll splits $61,039,100 into $27,594,800 land and $33,444,300 improvements.

Zoning: BR-OR-2 (per King County)

Lot: 157,685 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Parking Structure 293,504 SF; Auto Dealership, Complete 60,803 SF; Garage, Service Repair 12,392 SF; Car Wash - Drive Thru 2,787 SF (county building sections)

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

Permit history

2021-12-23: Remodel, declared value $431,200 (Screened), permit 21 132030 BZ

2018-09-05: Remodel, declared value $350,000 (Complete), permit 18 120128 BZ

2018-02-23: Building, New, declared value $18,098,135 (Complete), permit 17107591

2017-11-20: Demolition (Complete), permit 17120700

2004-09-30: Building, New, declared value $5,120,081 (Complete), permit 04 113085 BB

2004-04-15: Accessory, New, declared value $4,814,556 (Complete), permit 04 100133 BB

2004-04-15: Other, declared value $292,121 (Complete), permit 04 104152 BB

Source: King County permit records (newest first).