10712 5th Ave NE, Seattle, WA 98125

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: construction site. AI estimate from public imagery.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 98% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 236,425 SF, King County Assessor
Lot size: 57,935 SF, King County Assessor
Year built: 2024, King County Assessor
Stories: 6, King County Assessor
Predominant use: 235 Unit Apt W/ Retail, King County Assessor
Units: 235, King County Assessor
Assessed value: $48,026,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $203.14/SF, derived from assessor records
Lot coverage: 408%, derived from assessor records
Vintage: 2020s vintage
Zoning: NC3-75 (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

10720 5th Ave NE, Seattle · 0 mi · 158,544 SF · built 2017 · assessed $196.97/SF
10715 8th Ave NE, Seattle · 0.1 mi · 63,269 SF · built 2017 · assessed $263.58/SF
10711 8th Ave NE, Seattle · 0.1 mi · 141,793 SF · built 2018 · assessed $206.11/SF
10740 8th Ave NE, Seattle · 0.1 mi · 56,996 SF · built 1986 · assessed $147.59/SF
800 NE 106th St, Seattle · 0.1 mi · 40,131 SF · built 1967 · assessed $231.97/SF
10735 Roosevelt Way NE, Seattle · 0.1 mi · 111,319 SF · built 1967 · assessed $273.79/SF

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Sale history and market context

MakeMe Estimate: $57,320,177 (estimated market value), with a likely range of $52,356,503 to $59,154,893 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $244K per unit at the midpoint (235 units).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2018-01-31: transfer from Northgate Olympic Properties LLC to Gre/Nop Fifth Avenue LLC (non-market transfer), rec. 20180202001448

2014-09-30: $2,000,000 from Private party to Northgate Olympic Properties LLC (non-market transfer), rec. 20141001000747

4 administrative transfers (no consideration), 1988 to 2009

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $33,948,311 (2025) to $48,026,200 (2026), up 41% over 1 years, per county tax rolls. The 2026 roll splits $48,026,200 into $0 land and $48,026,200 improvements.

Zoning: NC3-75 (M) (per King County)

Lot: 57,935 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 170,286 SF; Basement, Parking 62,151 SF; Retail Store 3,988 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-07-14: Remodel, declared value $65,000, permit 7083916-CN

2024-11-14: Electrical, declared value $25,000 (Screened), permit 7056450-EL

2024-11-13: Remodel, declared value $587,676 (Complete), permit 7041394-CN

2020-12-18: Building, New, declared value $32,493,168 (Complete), permit 6649428-CN

2020-06-03: Demolition (Complete), permit 6710740-DM

2018-10-17: Remodel, declared value $40,000 (Defunct), permit 6509849-CN

2018-09-03: Demolition, declared value $20,000 (Complete), permit 6644842-DM

2012-10-15: Remodel, declared value $300,000 (Complete), permit 6328498

Source: King County permit records (newest first).