Property profile

1601 Eastlake E Ave Seattle, WA 98102

OFF-MARKET
Auto shops
Property ID
US90-0963082
10,553 SF 0.13 ac lot Built 1923
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1923
Construction FRAME
Total area 10,553 SF
Lot 0.13 ac (5,600 SF)
Zoning code MML U/45
APN 338390-0176
UPID US90-0963082

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
  • Production Facility Metal Fabrication Plant
  • Auto Repair Shop

Location

1601 Eastlake E Ave Seattle, WA 98102-3708
Seattle metro Census 6600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.20M

Owner & transaction history

since 2024
Last sale
$4.2M
7 recorded transactions
2024
$4.2M
2022
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MML U/45 · Seattle, WA
Top alternative use upside
Restaurant $5.5M +27.6%
Commercial (general) $5.3M +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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