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Financial
Distress signals
Property profile

216 1St Ave S Seattle, WA 98104

FOR LEASE
Office buildings
Property ID
US90-0996104
84,750 SF 0.38 ac lot Built 1900
Last sale Nov 2025 · $5,190,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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?
$148k
Tax billed · 2022
Assessed value$17.80M
Assessed land$6.91M
Assessed improvement$10.89M
Effective rate0.83%

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?

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

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

216 1St Ave S Seattle, WA 98104
County assessor Recorded deeds · 12 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
619 2nd, Seattle, WA 98104 $13,422,474 May 2024 87,236 SF
310 1st S, Seattle, WA 98104-2536 $8,125,000 Apr 2024 69,817 SF
220 2nd S, Seattle, WA 98104-2222 $17,321,000 Aug 2021 54,805 SF
102 Occidental S, Seattle, WA 98104-2518 $6,062,500 Jan 2020 75,496 SF
102 1st S, Seattle, WA 98104-2502 $34,250,000 Jul 2019 54,390 SF
720 2nd, Seattle, WA 98104-1702 $664,608 Apr 2019 52,298 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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