Financial
Distress signals
Property profile

1123 23rd E Ave Seattle, WA 98112

OFF-MARKET
Office buildings
Property ID
US90-1649546
16,446 SF 0.98 ac lot Built 1999
Last sale Jun 1995 · $625,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$7k
Tax billed · 2022
Assessed value$14.16M
Assessed land$10.24M
Assessed improvement$3.92M
Effective rate0.05%

Value estimate

· Sep 2026
$4.20M
$3.78M – $4.61M
CAP approach$4.74M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579
Qualifying comparables6

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?
NC2P-55 (M)
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.7
HVAC Service12.5
Auto Parts Store12.0

Location

1123 23rd E Ave Seattle, WA 98112
County assessor Recorded deeds · 2 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 14th E, Seattle, WA 98112-5207 $850,000 Jun 2025 1,684 SF
4111 Madison, Seattle, WA 98112-3241 $120,262 Apr 2025 3,571 SF
3141 Madison, Seattle, WA 98112-4232 $650,000 Dec 2024 1,290 SF
324 15th E, Seattle, WA 98112-5802 $1,380,000 Jun 2024 5,040 SF
2329 Madison, Seattle, WA 98112-5416 $2,345,000 Aug 2022 4,128 SF
4029 Madison, Seattle, WA 98112-3117 $4,118,000 Jun 2022 9,848 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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