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406 116th Ave; Bellevue, WA Property Details

406 116th Ave, Bellevue, WA is a Retail Stores that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 406 116th Ave has a total of 188,122 square feet. The lot size of 406 116th Ave is 138,396 square feet.

Off market
406 116th Ave NE Bellevue, WA 98004
$35,406,700 Estimated Value
188,122 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $35,794,757
  • Open Loans: 1
  • APN: 332505-9012
  • Situs County: King
  • Length Of Ownership: 17 years, 1 months

Structure

  • Building Style: Wood
  • Stories: 2
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 188,122/SqFt
  • Lot: 138,396/SqFt
  • Gross: 188,122/SqFt
  • Garage: 112,122/SqFt
  • Building: 76,000/SqFt
  • Price Per Square Foot: $190.27

Legal Description

  • Description: LOT B BELLEVUE BLA #15-113763LW REC #20150702900002 SD BLA BEING POR NW 1/4 OF SW 1/4 OF NW 1/4 & POR OF SW 1/4 OF NW 1/4 OF NW 1/4 STR 33-25-5
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Bellevue School District
  • Lat / Lon: 47.61344 / -122.18512
  • Property Class: Commercial
  • Zoning: UC
  • County Use Code: 101

Amenities

  • Cooling: Central
  • Garage: Garage
  • Heating: Yes

Ownership Info

406 116th Ave NE has no associated ownership info
406 116th Ave NE has no associated ownership info.

Taxes

406 116th Ave NE has 10 associated Taxes items

406 116th Ave, Bellevue, WA pays taxes in King County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $35,406,700. The APN we've located for 406 116th Ave is 332505-9012.

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Taxes
  • Assessed Value:  $35,406,700
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  332505-9012
  • Assessed Land Value:  24219300
  • Market Land Value:  24219300
  • Tax Amount:  262973.42
  • Tax Year:  2026
  • Market Value:  35406700
  • Market Year:  2025

Tax History

406 116th Ave NE has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $262,973.41 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $35,406,700 Land Value $24,219,300 Improvement Value $11,187,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $31,810,700 Land Value $24,219,300 Improvement Value $7,591,400 Tax Amount $248,424.89 Change Rate +0.104502% Assessed CR Tax Rate +0.007809%
Year 2023 Assessed Value $31,810,700 Land Value $24,219,300 Improvement Value $7,591,400 Tax Amount $224,920.28 Change Rate -0.052035% Assessed CR Tax Rate +0.007071%
Year 2022 Assessed Value $31,810,700 Land Value $22,835,300 Improvement Value $8,975,400 Tax Amount $237,266.33 Change Rate -0.138761% Assessed CR Tax Rate +0.007459%
Year 2021 Assessed Value $28,931,000 Land Value $17,991,400 Improvement Value $10,939,600 Tax Amount $275,494.03 Change Rate +0.058345% Assessed CR Tax Rate +0.009522%
Year 2020 Assessed Value $31,141,000 Land Value $17,991,400 Improvement Value $13,149,600 Tax Amount $260,306.47 Change Rate +0.135983% Assessed CR Tax Rate +0.008359%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $229,146.38 Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $27,902,300 Land Value $11,071,600 Improvement Value $16,830,700 Tax Amount Change Rate Assessed CR Tax Rate