Property profile

780 Michigan St Seattle, WA 98108

OFF-MARKET
Other warehouses
Saved · see the list in your Dashboard
Property ID
US90-2912909
40,120 SF 1.24 ac Built 1961
Last sale Sep 2018·$9,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This flex warehouse building totals 9,802 square feet, consisting of 7,516 square feet of raw warehouse space and 2,287 square feet of showroom/office area. It features 18-foot ceilings, four dock doors, and one additional drive-in bay, with a sprinkler-based fire suppression system. The office/showroom space includes HVAC and central heating is provided throughout the building. The property is positioned for access to Interstate 5 and State Route 99, with proximity to Sea-Tac International…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$84k
Tax billed · 2022
Assessed value$9.09M
Assessed land$2.43M
Assessed improvement$6.66M
Effective rate0.92%

Value estimate

· Nov 2026
$5.75M
$5.17M – $6.32M
CAP approach$6.79M

Realmo valuation models over county records and 11 qualifying comparable sales.

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
Qualifying comparables11

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/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy13.1
Nail Salon12.6
Dental Office10.6

Location

780 Michigan St Seattle, WA 98108-2635
County assessor Recorded deeds · 2 transfers 11 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
969 Nebraska, Seattle, WA 98108-2747 $5,000,000 Sep 2024 11,550 SF
660 Othello, Seattle, WA 98108-3429 $23,000,000 May 2024 119,661 SF
6701 Marginal S, Seattle, WA 98108-3406 $44,500,000 May 2024 124,383 SF
1057 Director, Seattle, WA 98108-4702 $2,600,000 May 2024 15,000 SF
5300 Denver S, Seattle, WA 98108-2247 $11,000,000 Mar 2024 24,291 SF
9229 10th S, Seattle, WA 98108-4613 $8,000,000 Apr 2023 31,300 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 780 Michigan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved