Financial
Distress signals
Property profile

557 Roy St Seattle, WA 98109

OFF-MARKET
Office buildings
Property ID
US90-1361119
6,820 SF 0.67 ac lot Built 1952
Last sale Dec 2021 · $29,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial land parcel at 557 Roy St in Seattle’s South Lake Union area, improved with a small parking area and an office building/space totaling approximately 41,520 square feet of lot area. The existing improvements include Seattle Business Center office space that has historically been occupied under short-term leasing arrangements, with the site’s current configuration remaining defined by the existing parking and office layout. The parcel is zoned SM-UP-85 (M1) with an

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2022

What does the county charge?
$174k
Tax billed · 2022
Assessed value$20.76M
Assessed land$20.76M
Assessed improvement$1k
Effective rate0.84%

Value estimate

· Sep 2026
$28.03M
$25.22M – $30.83M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$409/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$227 – $743
Qualifying comparables9

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store19.4
Electrical Service15.9
HVAC Service13.5

Location

557 Roy St Seattle, WA 98109-4219
County assessor Recorded deeds · 9 transfers 9 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
611 Pontius N, Seattle, WA 98109-5522 $2,500,000 Nov 2025 4,526 SF
817 5th N, Seattle, WA 98109-3907 $1,875,000 Mar 2025 7,360 SF
2120 1st N, Seattle, WA 98109-2301 $3,150,000 May 2024 13,320 SF
222 Dexter N, Seattle, WA 98109-5104 $171,957,614 Apr 2024 6,710 SF
1500 Westlake N, Seattle, WA 98109-3031 $11,307,405 Mar 2022 19,352 SF
2476 Westlake N, Seattle, WA 98109-2263 $4,000,000 Dec 2021 4,277 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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