380 106th Ave NE, Bellevue, WA 98004

Office · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: low-rise office. 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 AI estimate from public imagery; may be outdated.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 308 reachable office buildings in Bellevue. Larger than 96% of office buildings in Bellevue (median 23,608 SF), derived from assessor records.

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Building size: 770,076 SF, King County Assessor
Lot size: 40,143 SF, King County Assessor
Year built: 2024, King County Assessor
Stories: 21, King County Assessor
Predominant use: 21-Story Office Tower, King County Assessor
Assessed value: $141,570,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $183.84/SF, derived from assessor records
Lot coverage: 1918%, derived from assessor records
Vintage: 2020s vintage
Zoning: DT-O-2-S, King County
County use code: Office Building
Construction (observed): masonry, AI estimate from public imagery
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.

10655 NE 4th St, Bellevue · 0 mi · 223,800 SF · built 1972 · assessed $185.98/SF
333 108th Ave NE, Bellevue · 0.1 mi · 781,324 SF · built 2007 · assessed $272.25/SF
411 108th Ave NE, Bellevue · 0.1 mi · 493,400 SF · built 1983 · assessed $233.65/SF
225 108th Ave NE, Bellevue · 0.1 mi · 629,094 SF · built 2000 · assessed $223.47/SF
550 106th Ave NE, Bellevue · 0.1 mi · 512,885 SF · built 1999 · assessed $253.58/SF
320 108th Ave NE, Bellevue · 0.1 mi · 627,168 SF · built 2020 · assessed $300.71/SF

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Sale history and market context

MakeMe Estimate: $136,554,147 (estimated market value), with a likely range of $123,411,101 to $177,923,591 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2022-01-26 for $95,500,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2023-05-24: transfer from DP Four106 Sub LLC to Bellevue City of (non-market transfer), rec. 20230901000556

2022-01-26: $95,500,000 from Fana Four 106 LLC to DP Four 106 Sub LLC, rec. 20220127000446

2015-12-01: $11,191,000 from RTL Investments LLC to Fana Four 106 LLC (part of a 2-parcel sale; price is the whole deal), rec. 20151215001559

2 administrative transfers (no consideration), 2005 to 2005

2004-02-20: $3,500,000 from Modulus Investment CO to RTL Acquisition LLC, rec. 20040224001288

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 $4,836,500 (2011) to $141,570,300 (2026), up 2827% over 15 years, per county tax rolls. The 2026 roll splits $141,570,300 into $29,103,600 land and $112,466,700 improvements.

Zoning: DT-O-2-S (per King County)

Lot: 40,143 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 491,564 SF; Underground Parking Structure 273,136 SF; Retail Store 5,376 SF (county building sections)

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

Permit history

2023-07-17: Building, New, declared value $123,945,055 (Revisit), permit 21 134046 BB

2022-05-20: Building, New, declared value $37,539,950 (Revisit), permit 20 123460 BB

2022-04-13: Other, declared value $7,000,000 (Complete), permit 20 104041 BV

2022-03-14: Demolition (Complete), permit 20 123447 BE

2017-07-07: Other, declared value $2,821,350 (Defunct), permit 15129406

Source: King County permit records (newest first).