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Property profile

422 1st W Ave Seattle, WA 98119

OFF-MARKET
Other investment properties
Property ID
US90-0778019
37,720 SF 0.33 ac lot Built 1999
Last sale Oct 1997
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in Lower Queen Anne within the First Republican Building and is configured with ground-level street frontage and access to major arterials including Western, Elliott, Denny, and Mercer. The interior improvements include an open floor area, a kitchenette, a private bathroom, and four private offices, and the space is suitable for either retail or office use. The property totals approximately 1,852 square feet and includes two garage parking stalls, with additional street…

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?
$168k
Tax billed · 2022
Assessed value$20.35M
Assessed land$7.20M
Assessed improvement$13.15M
Effective rate0.83%

Value estimate

· Oct 2026
$5.20M
$4.68M – $5.71M
Submarket $/SF estimate$7.05M

Realmo valuation models over county records and 5 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 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?
SM-UP 85 (M)
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 Service10.9
Butcher9.0
Watch Repair Shop8.3

Location

422 1st W Ave Seattle, WA 98119-4046
County assessor Recorded deeds · 6 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
315 1st W, Seattle, WA 98119-4156 $19,882,000 Jun 2024 37,860 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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