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Financial
Distress signals
Property profile

18532 N Firlands Way Shoreline, WA 98133

FOR LEASE
Medical Office Space
Property ID
US90-1695655
4,536 SF 0.39 ac lot Built 1954
Last sale May 2011 · $905,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
18532 N Firlands Way, Shoreline, WA 98133 For Lease
Contact for pricing 1,200 SF available
18532 N Firlands Way, Shoreline, WA 98133
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Property summary

AI-generated overview

The property is a commercial office space with approximately 1,200 square feet, situated in a wooded setting with off-street access. It is positioned for convenient access to major highway routes and public transportation corridors and includes ample on-site parking. The layout and configuration are suitable for professional service uses such as therapists, counselors, and similar office-based practices.

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?
$14k
Tax billed · 2022
Assessed value$1.19M
Assessed land$1.19M
Assessed improvement$1k
Effective rate1.14%

Value estimate

· Oct 2026
$775k
$698k – $853k
CAP approach$1.08M
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$9k
Operating expenses−$6k
NOI · 73,037.50% cap applied$18k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$344/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$180 – $466
Qualifying comparables3

Cap rate analysis

How does the asset earn?
73,037.50%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TC-3
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 agency37.3
Wholesale Shop34.1
Restaurant31.0

Location

18532 N Firlands Way Shoreline, WA 98133
County assessor Recorded deeds · 7 transfers 3 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1536 115th, Seattle, WA 98133-8400 $27,580,000 Jan 2020 63,909 SF
10330 Meridian N, Seattle, WA 98133-9451 $20,000,000 Jan 2020 133,298 SF
747 185th, Shoreline, WA 98133-3987 $130,000 Nov 2018 4,407 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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