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Financial
Distress signals
Property profile

701 Northlake Way Seattle, WA 98105

OFF-MARKET
Office buildings
Property ID
US90-1033274
4,200 SF 1.33 ac lot Built 1936
Last sale Feb 2022 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of office space within a larger marina setting, positioned with waterfront views and available for tenants needing water-related access. It includes building signage and is located to provide visibility associated with the marina setting. The office area is designed for convenient arrival and is supported by ample surrounding free parking. The property is situated immediately off the Burke Gilman Trail, offering direct trail access, and the marina includes moorage space that can be added for tenants requiring dock access.

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.

Debts

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?
$45k
Tax billed · 2022
Assessed value$5.33M
Assessed land$2.89M
Assessed improvement$2.44M
Effective rate0.85%

Value estimate

· Oct 2026
$6.77M
$6.09M – $7.44M
AI approach$6.84M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

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?
IC-65 (M)
This district promotes mixed uses, intended to promote development of businesses which incorporate a mix of industrial and commercial act...
General categoryMIXED_USE
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store16.5
Auto Repair Shop15.1
Building Supply14.9

Location

701 Northlake Way Seattle, WA 98105-6429
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5506 35th NE, Seattle, WA 98105-2312 $2,100,000 Jun 2025 4,224 SF
105 56th, Seattle, WA 98105-3737 $1,100,000 Nov 2023 2,144 SF
5505 34th NE, Seattle, WA 98105-2304 $1,175,000 Jul 2022 2,355 SF
3515 45th, Seattle, WA 98105-5640 $10,642,000 Jun 2022 17,836 SF
3822 4th NE, Seattle, WA 98105-6809 $600,000 Apr 2021 2,070 SF
4311 11th NE, Seattle, WA 98105-6366 $157,000,000 Dec 2019 135,051 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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