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    12039-12048 Lake City Way NE Seattle, WA 98115

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    For Lease
    $12,000 /Mo ($4 SF/Yr)

    Large retail property available for lease on Lake City Way.

    Property size:
    29,904 SF
    Lot size:
    0.69 Acres

    Property Features for 12039-12048 Lake City Way NE

    General Information

    Size
    29,904 SF
    Lot size
    0.69 Acres

    Source: CBRE Agent Teresa Patton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Lake City Way

    This retail property offers 29904 square feet of space and is located on Lake City Way NE in Seattle, WA. The property is suitable for retail and other retail purposes.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.2972954
    Latitude
    47.7169619

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    FAQs

    What type of property is this?
    Retail property - Large retail property available for lease on Lake City Way.
    Where is this retail property located?
    The property is located at 12039-12048 Lake City Way NE Seattle, WA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Large retail property available for lease.; - Located on Lake City Way.
    (253) 596-0043
    Request Owner's contact information
    12039-12048 Lake City Way NE Seattle, WA 98115
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    Seattle, WA 98115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12039-12048 Lake City Way NE Seattle, WA 98115
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