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Financial
Distress signals
Property profile

19930 Ballinger NE Way Shoreline, WA 98155

OFF-MARKET
Medical Office Space
Property ID
US90-3092587
15,265 SF 0.92 ac lot Built 1983
Last sale Sep 2026 · $5,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a specialized surgical center configured for operating and post-procedure care, including two Class C operating rooms and recovery suites. It has historically been operated as a Certificate of Need (CON) facility in Washington State, where state regulation limits the development of new competing surgical centers. The facility has been used in connection with a tenant practice described as focused on bariatric and aesthetic services, with an established operating history spanning…

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?
$53k
Tax billed · 2022
Assessed value$4.73M
Assessed land$1.61M
Assessed improvement$3.13M
Effective rate1.12%

Value estimate

· Oct 2026
$2.61M
$2.35M – $2.87M
CAP approach$3.38M

Realmo valuation models over county records.

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

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?
NB
The purpose of the neighborhood business NB zone is to allow for low intensity office, business and service uses located on or with conve...
General categoryMIXED_USE
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 agency19.3
Clothing Store10.5
Convenience Store10.4

Location

19930 Ballinger NE Way Shoreline, WA 98155-1223
County assessor Recorded deeds · 8 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17500 12th NE, Shoreline, WA 98155-3769 $1,915,000 May 2022 4,250 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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