Financial
Distress signals
Property profile

8512 35th NE Ave Seattle, WA 98115

OFF-MARKET
Retail space
Property ID
US90-1300691
26,853 SF 1.1 ac lot Built 1952
Last sale Nov 1995 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This former Rite Aid retail space is located on 35th Ave NE in Seattle and has a total building area of 26,853 square feet. The property configuration supports retail occupancy and includes features commonly associated with retail sites such as parking, visibility from the street, and signage. The site’s location places it among surrounding national and local retail uses as well as dense residential areas, and it is positioned to serve neighborhood- and community-oriented commercial uses; the space is suitable for uses such as grocery, fitness, medical, or other retail.

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.

Mortgages

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?
$130k
Tax billed · 2022
Assessed value$14.85M
Assessed land$14.85M
Assessed improvement$1k
Effective rate0.87%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$470k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$405/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$107 – $501
Qualifying comparables3

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?
NC2P-55 (M)
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.2
HVAC Service13.1
Wholesale Shop11.8

Location

8512 35th NE Ave Seattle, WA 98115
County assessor Recorded deeds · 3 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6220 Roosevelt NE, Seattle, WA 98115-6615 $5,482,500 Feb 2026 9,920 SF
6615 Roosevelt NE, Seattle, WA 98115 $6,500,000 Apr 2025 9,140 SF
7203 Woodlawn NE, Seattle, WA 98115-5335 $370,424 Apr 2025 7,760 SF
8511 Roosevelt NE, Seattle, WA 98115-3026 $1,866,000 Oct 2023 8,640 SF
7500 35th NE, Seattle, WA 98115-4811 $2,500,000 Aug 2023 7,576 SF
7111 Woodlawn NE, Seattle, WA 98115 $4,650,000 Jul 2022 17,280 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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