Financial
Distress signals
Property profile

500 Yale Ave N Seattle, WA 98109

FOR LEASE
Office buildings
Property ID
US90-0690632
141,131 SF 0.41 ac lot Built 2009
Last sale Dec 2018 · $52,345,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

500 Yale is a four-floor creative office building located at 500 Yale Ave N in Seattle’s South Lake Union (SLU) area. The building has outdoor decks on each floor and an interior design featuring exposed ceilings and natural light. Space configurations are sized to support either a full-building headquarters use or single-floor occupancy, and the total building area is approximately 75,000 RSF distributed across the floors, along with common-area and amenity areas. Interior and shared

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?
$375k
Tax billed · 2022
Assessed value$45.77M
Assessed land$9.57M
Assessed improvement$36.20M
Effective rate0.82%

Value estimate

· Sep 2026
$52.35M
$47.11M – $57.58M
AI approach$52.35M
CAP approach$40.66M
Sales comparison$35.87M

Realmo valuation models over county records and 3 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 comparables3

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-SLU 100/95
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.8
Pet Grooming Service7.8
Kid Store7.7

Location

500 Yale Ave N Seattle, WA 98109
County assessor Recorded deeds · 10 transfers 3 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
428 Westlake N, Seattle, WA 98109-5237 $47,600,000 Oct 2024 144,282 SF
617 Eastlake E, Seattle, WA 98109-5681 $1,400,000 Jul 2024 144,573 SF
1000 Dexter N, Seattle, WA 98109-3582 $47,500,000 Feb 2024 110,524 SF
823 Yale N, Seattle, WA 98109-4435 $2,560,127 Mar 2023 226,592 SF
1101 Westlake N, Seattle, WA 98109-3527 $151,500,000 Apr 2022 185,116 SF
425 Pontius N, Seattle, WA 98109-5474 $39,500,000 Mar 2022 134,056 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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