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Financial
Distress signals
Property profile

20109 Aurora Ave N Shoreline, WA 98133

FOR LEASE
Other investment properties
Property ID
US90-1506510
13,474 SF 0.74 ac lot Built 1977
Last sale Oct 2018 · $500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
20109 Aurora Ave N, Shoreline, WA 98133 For Lease
Contact for pricing 968 SF available
20109 Aurora Ave N, Shoreline, WA 98133
View Listing

Property summary

AI-generated overview

The property is an office space located in Shoreline along Highway 99, positioned across from Costco and providing access to and from Interstate 5. The overall building has a tenant mix that has included restaurants, a physical therapist, a beauty school, and a dentist. This specific suite occupies 968 square feet on the 2nd floor and is accessed via a walk-up entry. The space is built out for office use with a large open area, a private office or conference room, and a restroom.

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?
$44k
Tax billed · 2022
Assessed value$3.81M
Assessed land$2.26M
Assessed improvement$1.54M
Effective rate1.16%

Value estimate

· Oct 2026
$2.99M
$2.69M – $3.28M
CAP approach$3.31M
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$8k
Operating expenses−$5k
NOI · 94,266.67% cap applied$14k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$506/SF
Submarket average, outlier-cleaned · 269 recorded sales of this use type
Observed band · Q1–Q3$213 – $957
Qualifying comparables12

Cap rate analysis

How does the asset earn?
94,266.67%
$14k 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?
MB
The purpose of the mixed business zone MB is to encourage the development of vertical and/or horizontal mixed use buildings or developmen...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Computer & Electronic Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Computer & Electronic Repair10.4
Furniture Store10.1
Law Firm9.5

Location

20109 Aurora Ave N Shoreline, WA 98133
County assessor Recorded deeds · 4 transfers 12 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

2 recorded sales · 8 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11201 Greenwood N, Seattle, WA 98133-8612 $1,029,000 Apr 2025 3,656 SF
Seattle, WA 98133 $5,500,000 Nov 2018 No data
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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