Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

923 S Bayview St Seattle, WA 98134

FOR LEASE
Distribution centers
Property ID
US90-0744468
38,630 SF 0.59 ac lot Built 1936
Last sale May 2022 · $6,600,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial space located within an Opportunity Zone in the SODO area of Seattle, minutes from downtown, with freeway access and proximity to retail and employee amenities. Suite 3 contains approximately 6,800 square feet and includes a restroom but no office area. The space has an estimated 15 to 16-foot ceiling height and includes one dock door. It is configured as industrial space suited to uses that rely on dock access and open interior area.

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?
$57k
Tax billed · 2022
Assessed value$6.45M
Assessed land$1.92M
Assessed improvement$4.52M
Effective rate0.89%

Value estimate

· Oct 2026
$5.36M
$4.82M – $5.90M
AI approach$5.75M
CAP approach$6.53M
NOI build-up
Gross scheduled income$542k
Vacancy & credit loss−$43k
Operating expenses−$150k
NOI · 41,136,823.53% cap applied$350k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$292/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$139 – $415
Qualifying comparables6

Cap rate analysis

How does the asset earn?
41,136,823.53%
$350k 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?
IG2 U/85
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.4
Convenience Store14.2
Pharmacy13.1

Location

923 S Bayview St Seattle, WA 98134
County assessor Recorded deeds · 3 transfers 6 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3420 Marginal S, Seattle, WA 98134-1132 $7,133,871 Jan 2023 48,864 SF
24 Idaho, Seattle, WA 98134-1119 $8,250,000 Sep 2022 26,680 SF
25 Hanford, Seattle, WA 98134-1807 $10,325,000 Sep 2021 32,381 SF
3401 Colorado S, Seattle, WA 98134-1806 $5,520,000 Jul 2021 33,462 SF
130 Dakota, Seattle, WA 98134-2336 $24,275,000 Jun 2021 36,000 SF
3601 2nd S, Seattle, WA 98134-2205 $72,600,000 Jan 2021 52,613 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

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