Property profile

12303 15th NE Ave Seattle, WA 98125

OFF-MARKET
Turn key restaurants
Property ID
US90-1570694
400 SF 0.17 ac lot Built 1941
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1941
Construction WOOD
Total area 400 SF
Lot 0.17 ac (7,560 SF)
Zoning code NC3P-55 (M)
APN 082000-0035
UPID US90-1570694

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company
  • Cafe & Coffee Shop
  • Real Estate Agency
  • Real Estate Agency

Location

12303 15th NE Ave Seattle, WA 98125-4819
Seattle metro Census 601 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$355k
Blend (final) Blend
$530k

Owner & transaction history

since 2022
Last sale
$654,000
7 recorded transactions
2022
$654,000
2017
Price N/A
2017
$1.8M
2014
$1.1M
2004
$369,800
2000
Price N/A
1969
Price N/A

Zoning & alternative use

NC3P-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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