Property profile

8315 Lk City NE Way Seattle, WA 98115

OFF-MARKET
Warehouses
Property ID
US90-0364465
4,727 SF 0.21 ac lot Built 1946
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1946
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,727 SF
Lot 0.21 ac (8,962 SF)
Zoning code C1-55 (M)
APN 042504-9014
UPID US90-0364465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company
  • Telecommunications Service General Contractor
  • Alternative Medicine Practice Spa & Massage Center

Location

8315 Lk City NE Way Seattle, WA 98115-4411
Seattle metro Census 2600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$815k
Comparable Approach Comparable
by Request
Blend (final) Blend
$755k

Owner & transaction history

since 2006
5 recorded transactions
2006
$800,000
1995
Price N/A
1992
Price N/A
1989
$217,000
1969
Price N/A

Zoning & alternative use

C1-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote general commercial activities, to provide for an auto-oriented, primarily retail or service commercial area that serves surrounding neighborhoods and the larger community, citywi…

General category COMMERCIAL

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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