Financial
Distress signals
Property profile

7700 2Nd Ave S Seattle, WA 98108

FOR LEASE
Distribution centers
Property ID
US90-1747814
36,982 SF 1.27 ac lot Built 1979
Last sale Jan 2022 · $11,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial facility on a 1.27-acre (55,321 square foot) fenced and secured site, featuring a building with a 33,038 square foot footprint. The interior includes 897 square feet of first-floor office space and 2,221 square feet of mezzanine office space. Warehouse space totals 32,141 square feet on the first floor, with an additional 1,944 square feet of mezzanine warehouse space. Loading and access features include 3 dock doors and 6 grade doors, with a 26-foot clear height.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$53k
Tax billed · 2022
Assessed value$5.25M
Assessed land$2.21M
Assessed improvement$3.04M
Effective rate1.01%

Value estimate

· Sep 2026
$9.14M
$8.23M – $10.05M
AI approach$8.02M
CAP approach$6.26M
Sales comparison$8.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$305/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$192 – $433

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?
IG2 U/65
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 agency25.7
Dental Office21.3
Law Firm17.6

Location

7700 2Nd Ave S Seattle, WA 98108
County assessor Recorded deeds · 4 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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