Property profile

12524 Lk City NE Way Seattle, WA 98125

OFF-MARKET
Retail space
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Property ID
US90-0848738
9,920 SF 0.57 ac Built 1939
Last sale Feb 2024·$3,150,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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?
$28k
Tax billed · 2022
Assessed value$2.92M
Assessed land$2.68M
Assessed improvement$248k
Effective rate0.97%

Value estimate

· Nov 2026
$3.15M
$2.84M – $3.47M
AI approach$3.15M
CAP approach$3.11M
Submarket $/SF estimate$3.86M

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

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689
Qualifying comparables8

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?
NC3P-95 (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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.5
Wholesale Shop15.6
Building Supply15.0

Location

12524 Lk City NE Way Seattle, WA 98125-4425
County assessor Recorded deeds · 4 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12742 Lk City NE, Seattle, WA 98125-4427 $1,400,000 Mar 2023 4,988 SF
551 Northgate, Seattle, WA 98125-6106 $2,571,199 Jan 2022 9,970 SF
12337 Lk City NE, Seattle, WA 98125-5401 $1,425,000 Jan 2022 7,620 SF
11306 Lk City NE, Seattle, WA 98125-5306 $2,150,000 Nov 2021 9,433 SF
3121 133rd, Seattle, WA 98125-4422 $1,861,000 Oct 2020 6,281 SF
3019 127th, Seattle, WA 98125-4414 $1,500,000 Feb 2019 4,704 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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Includes: Price & PSF · Cap rate · Location · Zoning

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