Technical
Financial
Distress signals
Property profile

12517 15th NE Ave Seattle, WA 98125

OFF-MARKET
Auto shops
Property ID
US90-0873569
5,200 SF 0.3 ac lot Built 1947
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,200 SF
Lot 0.3 ac (12,989 SF)
Zoning code NC3P-55 (M)
APN 641410-0350
UPID US90-0873569

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
  • Auto Repair Shop

Location

12517 15th NE Ave Seattle, WA 98125-4068
Seattle metro Census 201 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.03M

Owner & transaction history

since 2022
Last sale
$2.5M
3 recorded transactions
2022
$2.5M
2004
$550,000
2004
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
Top alternative use upside
Restaurant $2.7M +27.6%
Commercial (general) $2.6M +23.0%

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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