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Financial
Distress signals
Property profile

2445 4Th Ave S Seattle, WA 98134

FOR LEASE
Other commercial real estate
Property ID
US90-1257031
12,116 SF 0.52 ac lot Built 1989
Last sale Jan 2013 · $875,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail property consisting of an open retail space totaling 1,024 square feet. The site provides 28 parking spaces and includes a lighted pylon sign on 4th Ave S. The property is located near Starbucks Headquarters and offers access to major routes including I-5, I-90, and Hwy-99, in an area with an estimated 25,000 cars per day. The property is held under local ownership and has a configuration suitable for retail use.

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?
$28k
Tax billed · 2022
Assessed value$3.07M
Assessed land$1.91M
Assessed improvement$1.16M
Effective rate0.93%

Value estimate

· Oct 2026
$2.44M
$2.20M – $2.68M
CAP approach$2.46M

Realmo valuation models over county records and 7 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 comparables7

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?
IG1 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.8
Pharmacy12.2
Convenience Store9.9

Location

2445 4Th Ave S Seattle, WA 98134
County assessor Recorded deeds · 5 transfers 7 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
2406 1st S, Seattle, WA 98134 $8,400,000 Dec 2024 18,000 SF
2418 1st S, Seattle, WA 98134-1422 $8,400,000 Dec 2024 10,200 SF
1028 1st S, Seattle, WA 98134-1206 $6,750,000 Mar 2023 8,700 SF
3838 4th S, Seattle, WA 98134-2210 $849,000 Jul 2022 3,721 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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