Financial
Distress signals
Property profile

2038 152Nd St Burien, WA 98166

FOR SALE
Commercial real estate
View Listing
Property ID
US90-3281848
6,422 SF 0.13 ac lot Built 1927
Last sale Nov 2025 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Lollipops Consignment, a cherished Burien institution since 1977, presents a unique business acquisition opportunity. Priced at $120,000, this established enterprise boasts a loyal customer base cultivated over decades. The business operates from a location in Burien, WA, at 2038 SW 152nd Street, Unit 3. While the square footage isn't specified, the business benefits from its strong community presence and reputation. The sale includes the established brand and existing clientele, providing a

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.

Mortgages

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?
$9k
Tax billed · 2022
Assessed value$797k
Assessed land$123k
Assessed improvement$673k
Effective rate1.11%

Value estimate

· Sep 2026
$1.08M
$968k – $1.18M
CAP approach$1.31M
NOI build-up
Gross scheduled income$170k
Vacancy & credit loss−$5k
Operating expenses−$49k
NOI · 7.18% cap applied$115k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
7.18%
$115k 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?
CN
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
HVAC Service10.3
Tailor Shop8.2

Location

2038 152Nd St Burien, WA 98166
County assessor Recorded deeds · 3 transfers 5 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
127 153rd, Burien, WA 98166-2311 $850,000 Dec 2023 14,082 SF
14629 9th SW, Seattle, WA 98166-1858 $910,000 Apr 2021 No data
148th, Burien, WA 98166 $2,400,000 Aug 2020 No data
15501 Ambaum SW, Burien, WA 98166-2424 $103,333 Aug 2020 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message