Property profile

12911 Martin Luther King Jr S Way Seattle, WA 98178

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US90-3133435
1,379 SF 0.53 ac Built 1962
Last sale Feb 2011·$880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value$929k
Assessed land$537k
Assessed improvement$392k
Effective rate1.26%

Value estimate

· Nov 2026
$290k
$261k – $319k
AI approach$320k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
NBP
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Restaurant18.9
Law Firm18.1

Location

12911 Martin Luther King Jr S Way Seattle, WA 98178-4611
County assessor Recorded deeds · 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12702 Renton S, Seattle, WA 98178-4850 $1,515,000 Mar 2025 2,400 SF
11463 Rainier S, Seattle, WA 98178-3963 $1,890,000 Oct 2021 5,606 SF
11900 Renton S, Seattle, WA 98178-3734 $2,400,000 Jun 2021 1,695 SF
12608 Renton S, Seattle, WA 98178-3711 $650,000 Dec 2019 4,161 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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