Property profile

308 9Th Ave N Seattle, WA 98109

FOR SALE
Outlet malls
Saved · see the list in your Dashboard
Property ID
US90-1543721
7,200 SF 0.16 ac Built 1925
Last sale Dec 2015·$4,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 47,405 square foot, eight-story commercial building is situated on a 0.16-acre lot in Seattle's vibrant South Lake Union neighborhood at 308 9th Ave N, zip code 98109. The property boasts a highly desirable SM-SLU 175/85-280 zoning designation, offering flexibility for various development options, including multifamily, life science, or hospitality uses, in addition to the existing office space. Currently, the building is fully occupied, generating a substantial in-place…

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?
$33k
Tax billed · 2022
Assessed value$3.86M
Assessed land$3.86M
Assessed improvement$1k
Effective rate0.85%

Value estimate

· Nov 2026
$1.28M
$1.15M – $1.41M
CAP approach$1.65M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689
Qualifying comparables16

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?
SM-SLU 175/85-280
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
Laundromat10.2
Daycare Center8.7
Electrical Service7.3

Location

308 9Th Ave N Seattle, WA 98109
County assessor Recorded deeds · 5 transfers 16 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

16 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
Research This Page with AI

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

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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved