With an 38,341-sf land footprint, the property is primed for redevelopment for a new state of the art building encompassing roughly +/- 153,364 sf. Permitted uses under the current zoning allow Medical and Healthcare Related Services, Hotel, Congregate Care Senior Housing, Nursing Home, Assisted Living, Life Sciences and Supportive Housing, to name a few. The underlying zoning of the property is BR-MO-1, which allows for a wide variety of healthcare related uses and maximum floor-area-ration (FAR) of 4.0 and building heights of 150’. The subject property is also being examined for a potential up zone in FAR and permitted uses by the city of Bellevue under the Wilburton Vision initiative (the “initiative”). The initiative sets in motion the process of developing policy and code changes to guide the transformation of the Wilburton study area into Bellevue’s next urban mixed-use community. This is an excellent opportunity for an investor or developer to obtain a sizeable land piece with great zoning today and even better zoning next year with the adoption of initiative.