Financial
Distress signals
Property profile

7040 15th NW Ave Seattle, WA 98117

OFF-MARKET
Turn key restaurants
Property ID
US90-1329808
1,640 SF 0.1 ac lot Built 1957
Last sale Dec 2010 · $585,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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$957k
Assessed land$956k
Assessed improvement$1k
Effective rate0.90%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$285k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$245 – $888
Qualifying comparables3

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?
NC2P-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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.3
Barber Shop12.2
HVAC Service11.8

Location

7040 15th NW Ave Seattle, WA 98117-5501
County assessor Recorded deeds · 2 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
325 85th, Seattle, WA 98117 $1,000,000 Jul 2025 1,440 SF
8305 15th NW, Seattle, WA 98117-3604 $1,400,000 May 2025 1,716 SF
7701 15th NW, Seattle, WA 98117-5414 $1,100,000 Jun 2024 1,712 SF
6759 15th NW, Seattle, WA 98117-5508 $3,223,750 Mar 2024 1,950 SF
326 85th, Seattle, WA 98117-3120 $1,850,000 Sep 2022 1,191 SF
7034 15th NW, Seattle, WA 98117-5501 $725,000 Jun 2022 1,500 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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