Property profile

505 3rd W Ave Seattle, WA 98119

OFF-MARKET
Office buildings
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Property ID
US90-0806305
4,278 SF 0.17 ac Built 1951
Last sale Nov 2020·$3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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?
$31k
Tax billed · 2022
Assessed value$3.60M
Assessed land$3.60M
Assessed improvement$1k
Effective rate0.85%

Value estimate

· Nov 2026
$2.66M
$2.39M – $2.92M
AI approach$2.72M
Submarket $/SF estimate$2.48M

Realmo valuation models over county records.

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?
SM-UP 85 (M1)
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.8
Butcher8.8
Auto Parts Store8.7

Location

505 3rd W Ave Seattle, WA 98119-3913
County assessor Recorded deeds · 5 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
3054 15th W, Seattle, WA 98119-2027 $1,600,000 Mar 2024 2,304 SF
3050 15th W, Seattle, WA 98119-2027 $1,600,000 Mar 2024 1,968 SF
423 3rd W, Seattle, WA 98119-4001 $3,050,000 Dec 2019 9,696 SF
226 2nd W, Seattle, WA 98119-4204 $4,808,125 Dec 2019 16,118 SF
920 Elliott W, Seattle, WA 98119-3608 $1,150,000 May 2019 6,000 SF
111 Harrison, Seattle, WA 98119-4286 $1,750,000 Apr 2019 4,301 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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