Financial
Distress signals
Property profile

6501 38th S Ave Seattle, WA 98118

OFF-MARKET
Retail space
Property ID
US90-1014286
4,760 SF 0.19 ac lot Built 1926
Last sale Nov 2022 · $580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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 · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value$928k
Assessed land$759k
Assessed improvement$169k
Effective rate0.98%

Value estimate

· Sep 2026
$670k
$603k – $737k
AI approach$660k
Submarket $/SF estimate$572k

Realmo valuation models over county records and 8 qualifying comparable sales.

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
Qualifying comparables8

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?
NC2-55 (M)
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.9
Electrical Service11.5
Tailor Shop10.4

Location

6501 38th S Ave Seattle, WA 98118-3228
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales 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
3806 Ferdinand, Seattle, WA 98118-1738 $677,000 Mar 2025 6,018 SF
3700 Ferdinand, Seattle, WA 98118 $700,000 Dec 2024 6,020 SF
7631 Rainier S, Seattle, WA 98118-3947 $950,000 Nov 2024 4,026 SF
4868 Rainier S, Seattle, WA 98118-1742 $2,350,000 Mar 2022 4,690 SF
4855 Rainier S, Seattle, WA 98118-1741 $1,100,000 Oct 2020 2,585 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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