Financial
Distress signals
Property profile

3015 Beacon Ave S Seattle, WA 98144

FOR SALE
Commercial real estate
Property ID
US90-1598750
4,283 SF 0.09 ac lot Built 1922
Last sale Jun 1996 · $142,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional office space, located at 3015 Beacon Ave S in Seattle's vibrant N Beacon Hill submarket (King County, WA 98144), offers a unique opportunity for businesses seeking a modern and convenient workspace. The building, originally constructed in 1922 and extensively renovated in 2024, boasts a total of 3,793 square feet across two stories. Currently, there are 2,541 square feet of vacant space available, divisible into units ranging from a minimum of 574 square feet to a maximum…

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 · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value · 2023$1.13M
Assessed land$557k
Assessed improvement$578k
Effective rate1.03%

Value estimate

· Sep 2026
$510k
$459k – $561k
Submarket $/SF estimate$436k
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$30k
Operating expenses−$25k
NOI · 2.79% cap applied$75k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$859/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$266 – $2,073
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.79%
$75k 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?
NC2P-55 (M)
The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.4
Laundromat9.1
Tailor Shop9.1

Location

3015 Beacon Ave S Seattle, WA 98144
County assessor Recorded deeds · 3 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1901 22nd S, Seattle, WA 98144 $1,050,000 Jan 2023 3,190 SF
1221 Main, Seattle, WA 98144-2089 $5,100,000 Sep 2022 11,970 SF
1212 Jackson, Seattle, WA 98144-1902 $1,782,000 Jan 2022 5,760 SF
Seattle, WA 98144 $4,550,000 Dec 2020 2,250 SF
1901 21st S, Seattle, WA 98144 $4,550,000 Dec 2020 17,714 SF
303 12th S, Seattle, WA 98144-2162 $638,000 May 2020 6,000 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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