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Financial
Distress signals
Property profile

10001 Lake City Way NE Seattle, WA 98125

FOR SALE
Distribution centers
Property ID
US90-1483208
15,348 SF 1.41 ac lot Built 1978
Last sale Aug 1994 · $730,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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10001 Lake City Way NE, Seattle, WA 98125 For Sale
Contact for pricing 15,348 SF
10001 Lake City Way NE, Seattle, WA 98125
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Property summary

AI-generated overview

This industrial and office property contains 19,146 square feet across two floors and was built in 1978 with a remodel completed in 2007. The building includes an 8,460-square-foot clear-span warehouse area with 21 to 25 feet of clear height, supported by dock-grade level loading featuring 10-by-12-foot dock bays. Heated and fully insulated warehouse space is served by 3-phase power. Office space totals 6,955 square feet, consisting of a main office and an additional 2,850-square-foot mezzanine…

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.

Debts

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?
$25k
Tax billed · 2022
Assessed value$2.09M
Assessed land$2.09M
Assessed improvement$1k
Effective rate1.21%

Value estimate

· Oct 2026
$730k
$657k – $803k
AI approach$755k
Submarket $/SF estimate$607k
NOI build-up
Gross scheduled income$420k
Vacancy & credit loss−$33k
Operating expenses−$58k
NOI · 6.02% cap applied$330k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$181 – $456
Qualifying comparables8

Cap rate analysis

How does the asset earn?
6.02%
$330k 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?
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.5
Wholesale Shop12.0
HVAC Service12.0

Location

10001 Lake City Way NE Seattle, WA 98125
County assessor Recorded deeds · 5 transfers 8 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

13 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 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?”
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