Financial
Distress signals
Property profile

2451 Aurora Ave N Seattle, WA 98109

FOR SALE
Hotels
Property ID
US90-0614556
3,182 SF 0.31 ac lot Built 1950
Last sale Jul 2021 · $122,572
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two lots totaling approximately 19,723 square feet (parcel numbers 352890-1186 and 352890-1185). It is zoned C1–55 (M) and is subject to a 3.75 FAR, supporting a range of permitted uses and redevelopment configurations under applicable zoning requirements. The existing buildings have been demolished, while former building slabs remain on site, which may affect redevelopment eligibility under grandfathering provisions. The site is located near the RapidRide bus line, providing transit access to Downtown.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$1.05M
Assessed land$1.05M
Assessed improvement$1k
Effective rate0.86%

Value estimate

· Sep 2026
$1.15M
$1.03M – $1.26M
AI approach$1.19M
Sales comparison$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$331/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$230 – $473

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?
C1-55 (M)
The intent of this district is to promote general commercial activities, to provide for an auto-oriented, primarily retail or service com...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant15.1
Nail Salon14.2
Clothing Store13.6

Location

2451 Aurora Ave N Seattle, WA 98109
County assessor Recorded deeds · 5 transfers 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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