Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2326 Airport Way S Seattle, WA 98134

FOR LEASE
Distribution centers
Property ID
US90-1976134
22,645 SF 1.87 ac lot Built 1947
Last sale Feb 2021 · $12,782,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 21,580-square-foot warehouse building with an included 7,769-square-foot office component and a 32-door cross-dock layout. It is situated on a 1.92-acre lot and includes approximately 1.25 acres of truck yard space. The warehouse has 14-foot high ceilings and 32 loading positions, with sixteen south-facing docks equipped with newer dock locks. The facility is configured for port first touch and e-commerce last touch operations.

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?
$80k
Tax billed · 2022
Assessed value$7.93M
Assessed land$6.11M
Assessed improvement$1.82M
Effective rate1.01%

Value estimate

· Oct 2026
$12.74M
$11.46M – $14.01M
AI approach$9.76M
Submarket $/SF estimate$9.40M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$292/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$139 – $415
Qualifying comparables10

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?
IG2 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store13.3
Pharmacy12.3
HVAC Service11.1

Location

2326 Airport Way S Seattle, WA 98134
County assessor Recorded deeds · 9 transfers 10 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Idaho, Seattle, WA 98134-1119 $8,250,000 Sep 2022 26,680 SF
3628 Marginal S, Seattle, WA 98134-1130 $2,935,000 Apr 2020 18,673 SF
2755 Airport S, Seattle, WA 98134-2112 $5,650,000 Jan 2020 21,310 SF
2250 1st S, Seattle, WA 98134-1408 $4,845,000 Aug 2019 17,459 SF
2015 Airport S, Seattle, WA 98134-1602 $37,200,000 Dec 2018 24,520 SF
4100 1st S, Seattle, WA 98134-2302 $850,000 Nov 2018 22,324 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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