Property profile

5960 1st S Ave Seattle, WA 98108

OFF-MARKET
Showrooms
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Property ID
US90-1325365
206,669 SF 7.24 ac Built 1967
Last sale Aug 2018·$43,000,000
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$401k
Tax billed · 2022
Assessed value$42.13M
Assessed land$14.19M
Assessed improvement$27.94M
Effective rate0.95%

Value estimate

· Nov 2026
$39.39M
$35.45M – $43.32M
CAP approach$41.97M

Realmo valuation models over county records.

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

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?
IG2 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon10.0
Convenience Store8.6
Butcher8.3

Location

5960 1st S Ave Seattle, WA 98108-3248
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Michigan, Seattle, WA 98108-2655 $8,700,000 Sep 2024 36,623 SF
5545 Airport S, Seattle, WA 98108-2202 $595,000 Jun 2023 5,093 SF
5511 Airport S, Seattle, WA 98108-2202 $1,650,000 Dec 2022 8,000 SF
Seattle, WA 98108 $2,000,000 Dec 2022 18,580 SF
6316 6th S, Seattle, WA 98108-3436 $1,142,137 Jan 2021 6,840 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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