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15700 NE Bel Red Rd
Bellevue, WA 98008
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 24,477 SqFt <p>• First time on the market in over 30 Years</p><p>• Approximately 24,477 square foot Flat Lot</p><p>• Potential to build approximately 130 Apartments (Buyer to Verify)</p><p>• Prime Bel-Red Corridor location undergoing major rezoning to allow for more growth over the next decade to include more jobs, transportation, housing and community character</p><p>• Walk to Microsoft Overlake Campus and nearby Meta Spring District Campus</p><p>• Excellent Proximity to Major Employers and Transit</p><p>•
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
