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Financial
Distress signals
Property profile

5021 Rainier S Ave Seattle, WA 98118

OFF-MARKET
Auto shops
Property ID
US90-0880290
14,423 SF 0.22 ac lot Built 1924
Last sale Sep 2024 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a corner lot combined with two contiguous lots, totaling approximately 21,000 square feet, and featuring about 250 feet of frontage on Rainier Avenue South. It is zoned C-265 and includes two buildings configured into four separate rental spaces. The site is located in Columbia City’s shopping district and falls within the Landmark District of Columbia City, with corner positioning providing direct frontage along Rainier Avenue South and straightforward access. The…

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 · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value · 2023$844k
Assessed land$843k
Assessed improvement$1k
Effective rate1.53%

Value estimate

· Oct 2026
$3.20M
$2.88M – $3.52M
AI approach$3.20M
Submarket $/SF estimate$3.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$217 – $739

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?
NC2-65
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 Service12.0
Kitchen & Bath11.6
Law Firm10.3

Location

5021 Rainier S Ave Seattle, WA 98118-1926
County assessor Recorded deeds · 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8335 Rainier S, Seattle, WA 98118-4652 $775,000 Nov 2022 3,108 SF
9481 Rainier S, Seattle, WA 98118 $550,000 Apr 2022 1,092 SF
6355 Rainier S, Seattle, WA 98118-2751 $1,350,000 Dec 2021 3,240 SF
3801 Graham, Seattle, WA 98118-3157 $1,000,000 Jun 2019 4,896 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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