Property profile

306 Summit Ave E Seattle, WA 98102

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US90-0421273
13,725 SF 0.11 ac Built 2012
Last sale Jun 2011·$500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years.
Market Trends Soon

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 · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.78M
Assessed land$1.78M
Effective rate1.03%

Value estimate

· Nov 2026
$1.62M
$1.46M – $1.78M

Realmo valuation models over county records and 8 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 comparables8

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?
MR (M)
This district promotes multi family uses in mid rise or high rise providing concentrations of housing in desirable, pedestrian oriented u...
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat11.4
Laundry Service8.7
Butcher8.4

Location

306 Summit Ave E Seattle, WA 98102
County assessor Recorded deeds · 11 transfers 8 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
1550 Olive, Seattle, WA 98102-5510 $5,500,000 Oct 2024 18,360 SF
Seattle, WA 98102 $1,175,000 Jul 2024 No data
200 Garfield, Seattle, WA 98102-3131 $4,200,000 Mar 2024 No data
2240 Eastlake E, Seattle, WA 98102-3419 $1,000,000 Oct 2021 5,950 SF
422 11th E, Seattle, WA 98102-5498 $585,000 Jan 2019 15,054 SF
2371 Franklin E, Seattle, WA 98102-3665 $4,696,500 Jan 2019 11,604 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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