Realmo Analytics

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Property profile

505 1st N Ave Seattle, WA 98109

OFF-MARKET
Hotels
Property ID
US90-0614572
16,872 SF 0.3 ac lot Built 1930
Last sale Jun 2021 · $16,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a creative office building totaling 274,000 square feet of Class A office space distributed across seven floors. It includes an expansive lobby with Wi‑Fi and a rooftop deck, and it connects to 83 King. On-site subterranean parking is provided, along with street-level retail space.

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?
$2k
Tax billed · 2022

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$331/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$230 – $473

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 (M1)
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

505 1st N Ave Seattle, WA 98109-4523
County assessor Recorded deeds · 12 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

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
207 Pontius N, Seattle, WA 98109-5650 $2,200,000 Mar 2023 83,330 SF
800 Fairview N, Seattle, WA 98109-4412 $80,000,000 Aug 2021 282,863 SF
2451 Aurora N, Seattle, WA 98109-2204 $1,150,000 Jul 2021 3,182 SF
618 John, Seattle, WA 98109-5000 $24,300,000 Feb 2021 113,173 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

Ask Rey → ChatGPT Grok Claude
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