Entity Owned Property summary
This exceptional value-add industrial property in Seattle, WA, presents a compelling investment opportunity. Located at 631 S 96th St, 98108, this 1.44-acre site features two buildings totaling 17,170 square feet of net rentable space. The main structure is a 14,700 square foot manufacturing warehouse with two drive-in loading docks, 20-24' ceilings, and substantial power (2,900 amps of 277/480 volt, 3-phase power). A secondary 2,400 square foot building currently serves as… office/residential space. The property boasts a fully secured yard, offering enhanced security. Currently 100% occupied with a single tenant on a short-term lease, this presents a chance for immediate income and future value appreciation. The property's strategic location near SR-99, SR-512, I-5, and I-405 provides unparalleled access to major transportation arteries. Built in 1967 and renovated in 1979, this Class C property is zoned I (Seattle) and offers a low lot coverage (27%), leaving ample space for expansion or additional storage. The asking price is $5,700,000, with a pro-forma NOI of $431,533 and a pro-forma cap rate of 7.57%. The current NOI is $173,643. This property is a rare find in a land-constrained submarket, offering significant potential for long-term growth and return on investment. The property features a price per square foot of $331.97 and a price per unit of $2,850,000. The King County APN is 562420-0253.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 14,770 SF
- Lot area
- 1.44 ac
- Year built
- 1967
- Stories
- 2
- APN
- 562420-0253
- Zoning
- I
- Assessed value · 2022
- $3,198,600
- Annual tax · 2022
- $32,352
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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