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Financial
Distress signals
Property profile

1910 Fairview Ave East Seattle, WA 98101

FOR SALE
Office buildings
Property ID
US90-1299600
54,465 SF 0.78 ac lot Built 1964
Last sale Feb 2007 · $15,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This LEED Certified Silver office space includes men’s and women’s locker rooms with showers, secured bike storage areas, and additional storage space. The building is situated in the Eastlake area of Lake Union and provides views toward the Seattle CBD over South Lake Union, where the Space Needle is visible. The location offers convenient access to I-5, the University of Washington, South Lake Union, and the Seattle CBD, with proximity to Metro Bus routes and walking access to South Lake Union and the Seattle Streetcar.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$125k
Tax billed · 2022
Assessed value$14.78M
Assessed land$7.67M
Assessed improvement$7.11M
Effective rate0.85%

Value estimate

· Oct 2026
$8.30M
$7.47M – $9.13M
NOI build-up
Gross scheduled income$1.55M
Vacancy & credit loss−$355k
Operating expenses−$298k
NOI · 3,197,639.29% cap applied$895k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

Cap rate analysis

How does the asset earn?
3,197,639.29%
$895k 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?
C1-55 (M)
The intent of this district is to promote general commercial activities, to provide for an auto-oriented, primarily retail or service com...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.7
Carpet & Flooring Store10.5
Electrical Service10.5

Location

1910 Fairview Ave East Seattle, WA 98101
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
2009 Minor E, Seattle, WA 98102-3513 $5,600,000 Mar 2024 7,110 SF
123 Boylston E, Seattle, WA 98102-5617 $65,000 Feb 2024 7,520 SF
1801 Fairview E, Seattle, WA 98102-3717 $19,679,461 Dec 2022 17,100 SF
614 Boylston E, Seattle, WA 98102-4912 $2,425,000 Sep 2021 5,510 SF
2021 Minor E, Seattle, WA 98102-3588 $2,941,426 Dec 2020 5,520 SF
127 Boylston E, Seattle, WA 98102-5606 $4,458,884 Apr 2019 7,174 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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