Contact for pricing 3,931 SF available

450 3Rd Ave West, Seattle, WA 98119
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This commercial property in Seattle, Washington is located at 450 3rd Avenue W, Seattle, WA 98119. The building provides a total of 20,503 square feet of commercial space and is configured for leasing.

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?

$619k

Tax billed · 2022

Assessed value$75.46M

Assessed land$21.24M

Assessed improvement$54.22M

Effective rate0.82%

Value estimate

· Nov 2026

$4.50M

$4.05M – $4.94M

Realmo valuation models over county records.

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

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 Service11.2

Butcher8.9

Bike Shop8.3

450 3Rd Ave West Seattle, WA 98119

County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file 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

Address Sale price Sold Size

2201 15th W, Seattle, WA 98119-2417 $4,900,000 Jul 2023 24,168 SF

2040 15th W, Seattle, WA 98119-2728 $27,807,240 Aug 2021 30,330 SF

221 1st W, Seattle, WA 98119-4285 $13,174,000 Dec 2019 76,213 SF

226 2nd W, Seattle, WA 98119-4204 $4,808,125 Dec 2019 16,118 SF

333 Elliott W, Seattle, WA 98119-4174 $5,050,500 Jun 2019 183,964 SF

1111 Expedia Group W, Seattle, WA 98119-1111 $228,887,500 May 2019 565,110 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

Value Estimation
$8,130,000

242,686 SF

645 Elliott W Ave

OFFICE BUILDING

645 Elliott W Ave, Seattle, WA 98119-3960

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Value Estimation
$2,370,000

208,210 SF

101 Elliott W Ave

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101 Elliott W Ave, Seattle, WA 98119-4236

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Value Estimation
$121,630,000

615,000 SF

1906 7th W Ave

OFFICE BUILDING

1906 7th W Ave, Seattle, WA 98119-2878

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Value Estimation
$11,165,000

87,178 SF

401 1st W Ave

OFFICE BUILDING

401 1st W Ave, Seattle, WA 98119

View Details
Value Estimation by Request
30,330 SF

2040 15th W Ave

OFFICE BUILDING

2040 15th W Ave, Seattle, WA 98119-2728

View Details
Value Estimation
$3,455,000

25,946 SF

2247 15th W Ave

OFFICE BUILDING

2247 15th W Ave, Seattle, WA 98119-2417

View Details

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450 3Rd Ave West Seattle, WA 98119

Property summary