14401 Greenwood N Ave Seattle, WA 98133-6814
Property profile & analytics
14401 Greenwood N Ave, Seattle, WA 98133-6814
- Investment properties
- 1,920 SF
- 0.33 lot acres
Property ID
US90-0902849
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- A1 Hop Shop 144th / Restaurant
Property Details for 14401 Greenwood N Ave
- Year built
- 1928
- Construction
- WOOD
- Lot size
- 0.33 lot acres
- Zone code
- NC2P-55 (M)
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 198020-0150
- APU
- 1980200150
Description
This exceptional mixed-use property at 14401 Greenwood Ave N in Seattle, WA, presents a compelling value-add investment opportunity. The 14,291 square foot building, constructed in 1928 and renovated in 1979, sits on a 14,400 square foot lot and boasts six units currently occupied by a diverse mix of tenants including restaurants, a convenience store, and residential apartments. The property is classified as Class B, with a NNN lease type and multi-tenancy. Currently priced at $2,799,000 ($195.86/sq ft), it offers a pro-forma cap rate of 7.10%. All rents are below market value, providing immediate upside potential for new ownership through lease renewals and rent increases. The property's NC2P-55(M) zoning allows for significant flexibility and future development potential, with a maximum building size of up to 54,000 square feet. Its prime location in the Broadview neighborhood, near the Seattle Golf Club, offers convenient access to the South Shoreline/148th St light rail station (under construction) and the Shoreline Place retail center. The property's existing configuration allows for up to 10,000 square feet of space to become available for owner-occupancy or lease to a larger tenant. This presents a unique opportunity to capitalize on the strong growth in the area and create significant long-term value. The property's APN is 1980200150.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.356
- Latitude
- 47.7334
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$17,243
$1,224,000
$563,600
$1,787,600
-
$1,224,000
$563,600
$1,787,600
