Financial
Distress signals
Property profile

2947 Eastlake E Ave Seattle, WA 98102

OFF-MARKET
Turn key restaurants
Property ID
US90-0694472
4,129 SF 0.62 ac lot Built 1972
Last sale Aug 2025 · $8,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$94k
Tax billed · 2024
Assessed value · 2023$8.60M
Assessed land$8.60M
Assessed improvement$1k
Effective rate1.09%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$245 – $888
Qualifying comparables4

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?
NC3-55 (M)
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping distr...
General categoryCOMMERCIAL
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 Service10.3
Carpet & Flooring Store9.9
Cosmetics Store9.2

Location

2947 Eastlake E Ave Seattle, WA 98102-3009
County assessor Recorded deeds · 10 transfers 4 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
530 Smt E, Seattle, WA 98102-4820 $1,950,000 Jan 2026 4,500 SF
110 Smt E, Seattle, WA 98102-5676 $3,950,000 Dec 2025 4,000 SF
2045 Eastlake E, Seattle, WA 98102 $2,712,500 Feb 2025 2,700 SF
121 11th E, Seattle, WA 98102-5709 $3,136,000 Apr 2021 4,640 SF
3101 Eastlake E, Seattle, WA 98102-3801 $2,820,353 Jan 2021 3,675 SF
1600 Eastlake E, Seattle, WA 98102-3709 $5,125,000 Mar 2020 4,152 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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