Property profile

12049 15Th Ave Northeast Seattle, WA 98125

FOR LEASE
Office buildings
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Property ID
US90-1180449
14,162 SF 0.54 ac Built 1974
Last sale Oct 2022·$4,736,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value$2.45M
Assessed land$2.10M
Assessed improvement$351k
Effective rate0.99%

Value estimate

· Nov 2026
$4.58M
$4.12M – $5.03M
AI approach$4.23M
CAP approach$4.00M
Submarket $/SF estimate$3.10M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LR3 RC (M)
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.0
Garden Center10.7
Electrical Service10.4

Location

12049 15Th Ave Northeast Seattle, WA 98125
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13500 Lk City NE, Seattle, WA 98125-8301 $2,400,000 Mar 2025 9,795 SF
2611 113th, Seattle, WA 98125-6790 $1,700,000 Jul 2024 7,084 SF
10000 Lk City NE, Seattle, WA 98125-7734 $1,712,500 Jun 2023 7,840 SF
12058 Lk City NE, Seattle, WA 98125-5332 $1,950,000 Dec 2021 7,555 SF
3225 125th, Seattle, WA 98125-4516 $2,200,000 Aug 2021 8,434 SF
11300 25th NE, Seattle, WA 98125-6639 $1,375,000 Jul 2019 5,628 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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