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Financial
Distress signals
Property profile

313 1St Ave South Seattle, WA 98104

FOR LEASE
Office buildings
Property ID
US90-0961349
16,830 SF 0.08 ac lot Built 1900
Last sale Aug 2024 · $1,415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
313 1St Ave South, Seattle, WA 98104 For Lease
Contact for pricing 2,105 SF available
313 1St Ave South, Seattle, WA 98104
View Listing

Property summary

AI-generated overview

The property is a commercial space located in Seattle, Washington, with a total interior area of 2,752 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$50k
Tax billed · 2022
Assessed value$3.02M
Assessed land$1.38M
Assessed improvement$1.64M
Effective rate1.65%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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?
120,719.23%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PSM-100
This district promotes mixed uses to those areas which lie within the Pioneer Square Preservation District, north of those areas predomin...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Pet Grooming Service8.7
Tanning Salon7.1

Location

313 1St Ave South Seattle, WA 98104
County assessor Recorded deeds · 6 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
815 Western, Seattle, WA 98104-1424 $44,000,000 May 2025 32,160 SF
311 12th Occidental S, Seattle, WA 98104-2839 $3,500,000 Aug 2024 28,760 SF
209 1st S, Seattle, WA 98104-3457 $1,550,000 Jun 2024 13,740 SF
207 1st S, Seattle, WA 98104-3460 $2,875,000 Jun 2022 13,370 SF
910 5th, Seattle, WA 98104-1117 $729,800,000 May 2022 21,819 SF
108 Washington, Seattle, WA 98104-3447 $7,350,000 Jan 2020 22,840 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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