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Financial
Distress signals
Property profile

7525 24th St Mercer Island, WA 98040

OFF-MARKET
Office buildings
Property ID
US90-0978504
200,059 SF 1.41 ac lot Built 1987
Last sale Jul 2017 · $41,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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.

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?
$302k
Tax billed · 2022
Assessed value$49.32M
Assessed land$13.55M
Assessed improvement$35.78M
Effective rate0.61%

Value estimate

· Oct 2026
$31.85M
$28.66M – $35.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$377/SF
County average, outlier-cleaned · 676 recorded sales of this use type
Observed band · Q1–Q3$219 – $623

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?
TC
To implement the land use policies of the Mercer Island comprehensive plan for the area referred to as the Town Center.
General categoryUNKNOWN
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.4
Clothing Store9.5
Garden Center9.3

Location

7525 24th St Mercer Island, WA 98040-2336
County assessor Recorded deeds · 10 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

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
3003 77th SE, Mercer Island, WA 98040-2837 $114,095,000 Apr 2022 155,200 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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