Financial
Distress signals
Property profile

3120 3rd W Ave Seattle, WA 98119

OFF-MARKET
Office buildings
Property ID
US90-0777890
2,340 SF 0.07 ac lot Built 1964
Last sale Mar 2026 · $985,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This property is a 2,340-square-foot commercial space configured for office and medical-related uses. It is located in the Seattle Pacific University and Fremont neighborhood area and is positioned to serve and attract both pedestrian and vehicle traffic. The space is suitable for professional services such as attorneys, CPAs, and insurance offices, as well as for health-related uses including dental practices, vision centers, and light medical offices.

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?
$380
Tax billed · 2022
Assessed value$738k
Assessed land$493k
Assessed improvement$245k
Effective rate0.05%

Value estimate

· Sep 2026
$420k
$378k – $462k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579
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?
MIO-37-LR3 (M)
The intent of this overlay is to regulate major educational and medical institutions. The LR3 promotes multi family uses, in a variety of...
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop9.4
Watch Repair Shop9.1
Butcher8.6

Location

3120 3rd W Ave Seattle, WA 98119-1902
County assessor Recorded deeds · 2 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3054 15th W, Seattle, WA 98119-2027 $1,600,000 Mar 2024 2,304 SF
3050 15th W, Seattle, WA 98119-2027 $1,600,000 Mar 2024 1,968 SF
505 3rd W, Seattle, WA 98119-3913 $3,300,000 Jun 2021 4,278 SF
2258 15th W, Seattle, WA 98119-2418 $525,000 Aug 2020 1,070 SF
920 Elliott W, Seattle, WA 98119-3608 $1,150,000 May 2019 6,000 SF
111 Harrison, Seattle, WA 98119-4286 $1,750,000 Apr 2019 4,301 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3120 3rd W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message