Financial
Distress signals
Property profile

1109 North 36Th St Seattle, WA 98103

FOR LEASE
Manufacturing properties
Property ID
US90-1165800
15,250 SF 0.37 ac lot Built 1909
Last sale Jun 1988 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1109 North 36Th St, Seattle, WA 98103 For Lease
$30 SF/Yr 9,759 SF available
1109 North 36Th St, Seattle, WA 98103
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Property summary

AI-generated overview

Commercial property in the Fremont area, located one block from Stone Way N, configured to support warehouse and industrial use as well as office units and general commercial real estate. The building features loading access, ample electrical power, and on-site parking, and is designed to be clean and secure. The interior layout allows for division to accommodate different tenant needs, and includes a 2,300-square-foot fully renovated caretaker’s unit.

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?
$46k
Tax billed · 2022
Assessed value$5.27M
Assessed land$4.80M
Assessed improvement$475k
Effective rate0.87%

Value estimate

· Sep 2026
$2.47M
$2.22M – $2.72M
CAP approach$2.36M
NOI build-up
Gross scheduled income$334k
Vacancy & credit loss−$23k
Operating expenses−$78k
NOI · 776,820.00% cap applied$233k

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

Recently sold

What actually traded nearby?
$283/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$191 – $398
Qualifying comparables3

Cap rate analysis

How does the asset earn?
776,820.00%
$233k 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?
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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.6
HVAC Service13.6
Tailor Shop10.2

Location

1109 North 36Th St Seattle, WA 98103
County assessor Recorded deeds · 8 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

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
448 35th, Seattle, WA 98103-8607 $1,550,000 Apr 2024 750 SF
1340 Northlake, Seattle, WA 98103-8919 $26,000,000 Dec 2021 6,164 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?”
More about this property
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