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Financial
Distress signals
Property profile

10706 Lk City NE Way Seattle, WA 98125

OFF-MARKET
Retail space
Property ID
US90-1673144
2,400 SF 0.28 ac lot Built 1948
Last sale Mar 2018 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 10706 Lake City Way NE in Seattle is a commercial parcel configured for development. The site was rezoned by the City from NC45 to NC55, and it includes an existing storage component that contributes operating income while development is considered. Public remarks associated with the property estimate the development potential at approximately 70–80 SEDU units. The parcel is described as being roughly a 10-minute drive to the University of Washington, positioned centrally within…

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?
$8k
Tax billed · 2022
Assessed value$830k
Assessed land$829k
Assessed improvement$1k
Effective rate0.99%

Value estimate

· Oct 2026
$345k
$311k – $380k
CAP approach$750k

Realmo valuation models over county records and 13 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 comparables13

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?
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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.1
Home Appliance Store9.7
Electrical Service9.5

Location

10706 Lk City NE Way Seattle, WA 98125-6714
County assessor Recorded deeds · 2 transfers 13 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
11548 Pinehurst NE, Seattle, WA 98125-6336 $3,417,500 May 2024 3,750 SF
13340 Lk City NE, Seattle, WA 98125-4431 $3,250,000 Oct 2022 1,580 SF
Seattle, WA 98125 $2,000,000 Sep 2022 1,536 SF
13721 Lk City NE, Seattle, WA 98125-3615 $2,000,000 May 2022 3,253 SF
10224 Fischer NE, Seattle, WA 98125-7730 $1,550,000 Nov 2019 3,597 SF
12315 Lk City NE, Seattle, WA 98125 $1,362,000 Dec 2018 3,628 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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