Property profile

900 34th St Seattle, WA 98103

OFF-MARKET
Office buildings
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Property ID
US90-1624993
70,913 SF 0.3 ac Built 2019
Last sale Apr 1996·$1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The Watershed Building is a seven-story office and retail property totaling 66,541 square feet, located in Seattle’s Fremont neighborhood. The building is positioned near the Burke-Gilman Trail and within walking distance of the Fremont Troll. The property includes retail space designated as Retail C, featuring a Type 1 hood shaft, 13 ft 2 in ceilings, a large storefront, patio seating, and common area restrooms. Retail C is 1,623 square feet and is configured to be combined with an adjacent suite for up to 4,903 square feet of contiguous space.

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?
$354k
Tax billed · 2022
Assessed value$43.34M
Assessed land$3.87M
Assessed improvement$39.47M
Effective rate0.82%

Value estimate

· Nov 2026
$19.71M
$17.73M – $21.68M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$396/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$243 – $575

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?
NC2-75 (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: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store10.4
Tailor Shop9.8
Laundromat9.1

Location

900 34th St Seattle, WA 98103-3403
County assessor Recorded deeds · 15 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4444 Woodland Park N, Seattle, WA 98103-7490 $3,225,000 Nov 2024 13,280 SF
4001 Aurora N, Seattle, WA 98103-7809 $7,425,000 Dec 2023 11,978 SF
4000 Aurora N, Seattle, WA 98103-7873 $4,050,000 Jan 2023 21,436 SF
501 34th, Seattle, WA 98103-8856 $4,000,000 Feb 2022 90,000 SF
1621 34th, Seattle, WA 98103-9193 $219,975,000 Nov 2021 336,323 SF
936 34th, Seattle, WA 98103-8869 $13,700,000 Sep 2020 37,345 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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Includes: Price & PSF · Cap rate · Location · Zoning

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