Meridian Tower
500 108th Avenue NE, Bellevue, WA 98004 · Office · 142,300 SF · Built 1989 (renovated 2016) · Meridian Office Investors LLC
Valuation
Preliminary direct-capitalization view built from this property's records. Adjust the assumptions — the value updates instantly. This is an analytical tool, not an appraisal.
NOI, trailing 12 mo$2,631,290Jul 2025 – Jun 2026 · from booked actuals
Cap rate basis6.75%current · user entered
Current recorded value$39,000,000current · user entered
Rentable area142,300 SF
Interactive direct capitalization
Implied value—
Value per SF—
Forward value (grown NOI)—
Implied value = NOI ÷ cap rate. User assumptions are labeled as such; the AI assistant will clearly separate record data from your inputs when discussing value.
Scenario table
| Scenario | NOI assumption | Cap rate | Implied value | Value per SF |
|---|---|---|---|---|
| Conservative | $2,499,726 | 7.25% | $34,478,972 | $242 |
| Base case | $2,631,290 | 6.75% | $38,982,074 | $274 |
| Optimistic | $2,762,854 | 6.25% | $44,205,672 | $311 |
Scenarios flex NOI ±5% and the cap rate ±50 bps around the basis shown above. Discounted cash flow and comparable-transaction methods arrive with the Financial Intelligence phase.
Value history & sources
Valuation — Meridian Tower
current
$39,000,000 · user entered
historical
$44,000,000 · financial report · Appraisal Summary — October 2024 (Oct 10, 2024)