Financial
Distress signals
Property profile

400 1st N Ave Algona, WA 98001

OFF-MARKET
Turn key restaurants
Property ID
US90-1646423
2,222 SF 0.15 ac lot Built 1945
Last sale Aug 2015 · $351,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value$434k
Assessed land$100k
Assessed improvement$334k
Effective rate3.37%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$499/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$226 – $719
Qualifying comparables5

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?
C-1
The C-1 mixed use commercial district is intended to provide a mixture of uses This means that residential uses are mixed with nonresiden...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.9
Law Firm10.7
Parking Facility10.2

Location

400 1st N Ave Algona, WA 98001-8540
County assessor Recorded deeds · 14 transfers 5 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
530 Main, Auburn, WA 98001-5227 $870,000 Mar 2023 2,101 SF
129 A NW, Auburn, WA 98001-4940 $350,000 Jan 2021 1,330 SF
320 1st N, Algona, WA 98001-8542 $650,000 Oct 2020 3,456 SF
721 Main, Auburn, WA 98001-5224 $445,000 Aug 2020 2,553 SF
402 Seattle S, Algona, WA 98001 $255,000 Jul 2020 2,675 SF
739 Main, Auburn, WA 98001-5224 $299,999 Nov 2019 1,617 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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