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Financial
Distress signals
Property profile

901 Lenora St Seattle, WA 98121

FOR LEASE
Office buildings
Property ID
US90-1209301
21,600 SF 0.5 ac lot Built 1957
Last sale Apr 2026 · $313
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

901 Lenora is a full-building office property with elevator service, configured to provide approximately 21,600 square feet of office space across the first and second floors (about 10,800 square feet per floor). The building includes a parking lot with 42 surface parking stalls. It is located in South Lake Union near 1 Hotel, Whole Foods Market, and Amazon Headquarters, with access supported by nearby streetcar service and Link Light Rail. The space is described as suitable for office use and may also accommodate school or childcare uses, subject to applicable approvals.

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?
$92k
Tax billed · 2022
Assessed value$10.89M
Assessed land$10.89M
Assessed improvement$500
Effective rate0.85%

Value estimate

· Oct 2026
$940k
$846k – $1.03M
AI approach$850k
Submarket $/SF estimate$560k
NOI build-up
Gross scheduled income$328k
Vacancy & credit loss−$75k
Operating expenses−$63k
NOI · 677,146.43% cap applied$190k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 337 recorded sales of this use type
Observed band · Q1–Q3$205 – $579

Cap rate analysis

How does the asset earn?
677,146.43%
$190k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DMC 240/290-440
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat11.8
Pet Grooming Service8.2
Pet Store6.7

Location

901 Lenora St Seattle, WA 98121
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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2821 Alaskan, Seattle, WA 98121 $10,980,000 Jan 2025 76,893 SF
2320 1st, Seattle, WA 98121-1623 $3,200,000 Sep 2023 15,356 SF
2616 Western, Seattle, WA 98121 $4,320,000 Dec 2022 14,400 SF
2300 7th, Seattle, WA 98121-1904 $126,750,000 Apr 2022 23,662 SF
87 Wall, Seattle, WA 98121-1330 $4,800,000 Oct 2021 14,130 SF
2607 2nd, Seattle, WA 98121-1289 $6,500,000 Jan 2021 20,565 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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