Property profile

1611 Olive Way Seattle, WA 98102

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US90-1415969
1,410 SF 0.14 ac Built 1926
Last sale Dec 2025·$3,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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?
$26k
Tax billed · 2022
Assessed value$3.10M
Assessed land$3.10M
Assessed improvement$1k
Effective rate0.85%

Value estimate

· Nov 2026
$335k
$302k – $369k
AI approach$390k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689
Qualifying comparables15

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?
NC3P-75 (M)
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping distr...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.6
Laundry Service7.8
Pet Grooming Service7.5

Location

1611 Olive Way Seattle, WA 98102-5612
County assessor Recorded deeds · 3 transfers 15 qualifying comp sales 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
530 Smt E, Seattle, WA 98102-4820 $1,950,000 Jan 2026 4,500 SF
110 Smt E, Seattle, WA 98102-5676 $3,950,000 Dec 2025 4,000 SF
915 Roy, Seattle, WA 98102-4612 $6,600,000 Apr 2025 954 SF
121 11th E, Seattle, WA 98102-5709 $3,136,000 Apr 2021 4,640 SF
3101 Eastlake E, Seattle, WA 98102-3801 $2,820,353 Jan 2021 3,675 SF
1600 Eastlake E, Seattle, WA 98102-3709 $5,125,000 Mar 2020 4,152 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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