Financial
Distress signals
Property profile

1050 W Ewing St Seattle, WA 98119

FOR LEASE
Manufacturing properties
Property ID
US90-1238885
37,909 SF 0.39 ac lot Built 1961
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This in-city warehouse property with two floors of office space contains a total building area of 16,576 square feet, including 12,853 square feet of warehouse area plus 3,723 square feet on a second-floor storage mezzanine with office space. The interior configuration is designed to be divisible into units totaling 12,853 square feet. The warehouse is served by three oversized grade-level loading doors and has an approximate ceiling height of 18 feet. The property is located in Seattle’s North

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 · 2022

What does the county charge?
$49k
Tax billed · 2022
Assessed value$5.66M
Assessed land$1.53M
Assessed improvement$4.13M
Effective rate0.87%

Value estimate

· Sep 2026
$3.61M
$3.25M – $3.97M
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$18k
Operating expenses−$64k
NOI · 11,721,796.88% cap applied$150k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$283/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$191 – $398

Cap rate analysis

How does the asset earn?
11,721,796.88%
$150k 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?
IB U/45
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office24.4
Laundry Service12.6
Pawn Shop12.2

Location

1050 W Ewing St Seattle, WA 98119
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1425 Elliott W, Seattle, WA 98119-3104 $17,300,000 Dec 2022 15,720 SF
1041 Elliott W, Seattle, WA 98119 $8,325,000 Apr 2022 10,800 SF
901 Elliott W, Seattle, WA 98119-3607 $8,325,000 Apr 2022 19,275 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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