Property profile

3223 3rd S Ave Seattle, WA 98134

OFF-MARKET
Manufacturing properties
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Property ID
US90-1727214
48,280 SF 1.6 ac Built 1968
Last sale May 2025·$12,500,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$82k
Tax billed · 2022
Assessed value$8.48M
Assessed land$5.24M
Assessed improvement$3.23M
Effective rate0.97%

Value estimate

· Nov 2026
$12.84M
$11.55M – $14.12M
AI approach$8.13M
Submarket $/SF estimate$12.46M

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?

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

Zoning insight

What can be built here?
IG1 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.2
Dental Office9.3
Laundry Service8.1

Location

3223 3rd S Ave Seattle, WA 98134-1943
County assessor Recorded deeds · 17 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5901 Marginal S, Seattle, WA 98134-2414 $7,500,000 Dec 2025 119,990 SF
1950 1st S, Seattle, WA 98134-1406 $3,500,000 Dec 2024 27,000 SF
2739 6th S, Seattle, WA 98134-2101 $400,000 Dec 2023 21,600 SF
21 Nevada, Seattle, WA 98134-1121 $10,475,000 Dec 2021 39,900 SF
5021 Colorado S, Seattle, WA 98134-2404 $1,800,000 Dec 2019 25,881 SF
1128 Spokane, Seattle, WA 98134-1128 $1,690,000 Dec 2019 23,590 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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