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Financial
Distress signals
Property profile

601 Pine St Seattle, WA 98101

FOR LEASE
Retail space
Property ID
US90-0698787
78,920 SF 0.35 ac lot Built 1929
Last sale Jan 2026 · $7,859,050
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at the corner of 6th Avenue and Pine Street, 601 Pine is a retail building in Seattle. The structure was constructed in 1929 as an I. Magnin department store and features high ceilings and large plate-glass windows. Retail space is configured across four floors, with a total available area up to 54,000 square feet and the ability to be subdivided down to approximately 3,357 square feet at street level. The property is situated across from a flagship Nordstrom location and headquarters,…

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?
$321k
Tax billed · 2022
Assessed value$39.23M
Assessed land$21.92M
Assessed improvement$17.31M
Effective rate0.82%

Value estimate

· Oct 2026
$13.47M
$12.12M – $14.82M
CAP approach$18.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 270 recorded sales of this use type
Observed band · Q1–Q3$189 – $689

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?
DOC2 500/300-550
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.6
Pet Grooming Service10.3
Electrical Service8.6

Location

601 Pine St Seattle, WA 98101
County assessor Recorded deeds · 11 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
1506 5th, Seattle, WA 98101 $8,938,888 Apr 2024 36,904 SF
1932 9th, Seattle, WA 98101-1304 $1,141,789 Sep 2023 5,880 SF
1525 4th, Seattle, WA 98101-1607 $875,000 Apr 2023 57,428 SF
1315 1st, Seattle, WA 98101-2002 $3,000,000 Mar 2023 24,880 SF
Seattle, WA 98101 $405,360 Dec 2021 6,880 SF
1513 3rd, Seattle, WA 98101-1611 $4,000,000 Aug 2019 8,760 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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