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Financial
Distress signals
Property profile

1944 1st S Ave Seattle, WA 98134

OFF-MARKET
Retail space
Property ID
US90-1398050
7,840 SF 0.21 ac lot Built 1965
Last sale Sep 2019 · $4,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail site on a rectangular parcel, featuring a 7,810 SF building with an additional 1,400 SF mezzanine. The building was originally developed in 1965 and later underwent extensive remodeling in 2000. It is bounded by 1st Avenue S to the west and Occidental Avenue to the east, located just south of South Holgate St. First Avenue South runs through Seattle’s SoDo business district toward destinations including Pioneer Square and the International District, and provides access…

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?
$22k
Tax billed · 2022
Assessed value$2.54M
Assessed land$1.08M
Assessed improvement$1.46M
Effective rate0.88%

Value estimate

· Oct 2026
$850k
$765k – $935k

Realmo valuation models over county records and 10 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 comparables10

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?
IG2 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.0
Convenience Store10.3
Veterinary Clinic10.3

Location

1944 1st S Ave Seattle, WA 98134-1406
County assessor Recorded deeds · 6 transfers 10 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
85 Lander, Seattle, WA 98134-1827 $950,000 May 2025 8,800 SF
2418 1st S, Seattle, WA 98134-1422 $8,400,000 Dec 2024 10,200 SF
650 Dearborn, Seattle, WA 98134 $7,400,000 Apr 2024 4,750 SF
1028 1st S, Seattle, WA 98134-1206 $6,750,000 Mar 2023 8,700 SF
3838 4th S, Seattle, WA 98134-2210 $849,000 Jul 2022 3,721 SF
1702 4th S, Seattle, WA 98134-1502 $3,650,000 Oct 2020 17,600 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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