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Financial
Distress signals
Property profile

1502 15th W Ave Seattle, WA 98119

OFF-MARKET
Outlet malls
Property ID
US90-1092187
19,204 SF 1.2 ac lot Built 1931
Last sale Dec 2024 · $4,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial warehouse offering a total building area of 20,146 SF, with space designed to be divisible down to approximately 2,000 SF. It features dock-high and grade-level loading, and provides 12’–14’ clear height suitable for industrial and wholesale-style storage and material handling, including dead storage. The site includes generous onsite and street parking on a listed land area of 55,250 SF. Zoning is identified as II U/85 (Industrial Innovation).

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?
$84k
Tax billed · 2022
Assessed value$9.12M
Assessed land$9.12M
Assessed improvement$1k
Effective rate0.92%

Value estimate

· Oct 2026
$4.25M
$3.83M – $4.68M
AI approach$4.25M
CAP approach$4.41M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689
Qualifying comparables14

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?
IC-65 (M)
This district promotes mixed uses, intended to promote development of businesses which incorporate a mix of industrial and commercial act...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply49.2
Restaurant34.4
Realty agency30.7

Location

1502 15th W Ave Seattle, WA 98119
County assessor Recorded deeds · 6 transfers 14 qualifying comp sales 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

1 recorded sale · 15 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1523 15th W, Seattle, WA 98119-3129 $11,650,000 Dec 2018 50,660 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 in this city
6 properties of the same type in this city
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