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Financial
Distress signals
Property profile

407 Galer St Seattle, WA 98119

OFF-MARKET
Retail space
Property ID
US90-0076139
2,086 SF 0.04 ac lot Built 1914
Last sale Aug 2026 · $1,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Freestanding commercial retail building in Queen Anne with 2,086 square feet of space, featuring a studs-out remodel completed in 2007 that included replacement/installation of electrical, plumbing, and HVAC systems, along with an ADA ramp. The interior layout is an open-plan configuration currently used as a salon and spa, with large floor-to-ceiling windows on the first floor facing West Galer Street and a west-facing frontage. The first floor includes a reception and waiting area, four salon…

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.

Debts

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?
$9k
Tax billed · 2022
Assessed value$1.04M
Assessed land$450k
Assessed improvement$593k
Effective rate0.85%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$330k

Realmo valuation models over county records and 11 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 comparables11

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?
NC2P-55 (M1)
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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.6
Carpet & Flooring Store9.7
Auto Parts Store9.1

Location

407 Galer St Seattle, WA 98119-3335
County assessor Recorded deeds · 6 transfers 11 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
1154 Elliott W, Seattle, WA 98119-3103 $2,150,000 Nov 2025 3,546 SF
401 Galer, Seattle, WA 98119-3335 $1,200,000 Jul 2025 4,100 SF
408 1st W, Seattle, WA 98119-4018 $3,100,000 Mar 2025 720 SF
2626 15th W, Seattle, WA 98119-2194 $3,300,000 Apr 2024 7,630 SF
1957 6th W, Seattle, WA 98119-2870 $2,287,000 Aug 2022 7,640 SF
1408 Elliott W, Seattle, WA 98119-3124 $8,600,000 Dec 2021 3,547 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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