9550 1st Ave NE, Seattle, WA 98115

Commercial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise hotel, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 1,256 reachable commercial buildings in Seattle. Larger than 91% of commercial buildings in Seattle (median 13,352 SF), derived from assessor records.

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Building size: 150,596 SF, King County Assessor
Lot size: 37,713 SF, King County Assessor
Year built: 2016, King County Assessor
Stories: 6, King County Assessor
Predominant use: Hampton Inn - Northgate, King County Assessor
Assessed value: $27,662,700, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $183.69/SF, derived from assessor records
Lot coverage: 399%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3-75 (M), King County
County use code: Hotel/Motel
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

204 NE 94th St, Seattle · 0.2 mi · 16,640 SF · built 1985 · assessed $420.25/SF
9600 College Way N, Seattle · 0.2 mi · 896,432 SF · built 1970
10001 5th Ave NE, Seattle · 0.3 mi · 244,009 SF · built 2009 · assessed $284.63/SF
504 NE 95th St, Seattle · 0.3 mi · 56,614 SF · built 1989
10049 College Way N, Seattle · 0.4 mi · 16,434 SF · built 1984
10510 5th Ave NE, Seattle · 0.5 mi · 20,190 SF · built 2005

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Sale history and market context

MakeMe Estimate: $28,003,879 (estimated market value), with a likely range of $23,730,429 to $33,882,026 (half of recent verified sales in this segment landed inside that range). Based on 34 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2015-08-25 for $5,241,670 (recorded arm's-length sale).

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

2018-05-16: $5,150,000 from FFLP MTH LLC to Northgate Lodging LLLP, rec. 20180516001351

2018-05-16: transfer from Alta Properties LLC to Northgate Lodging LLLP (non-market transfer), rec. 20180516001350

2015-08-25: $5,241,670 from Northgate Lodging LLLP to FFLP MTH LLC, rec. 20150826001179

2012-12-03: $2,900,000 from Private party to Northgate Lodging LLLP, rec. 20121217001860

1987-05-20: $2,100,000 from Private party to Northgate Station LTD PS, rec. 198705261267

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 $2,252,500 (2011) to $27,662,700 (2026), up 1128% over 15 years, per county tax rolls. The 2026 roll splits $27,662,700 into $8,862,500 land and $18,800,200 improvements.

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

Lot: 37,713 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Hotel, Limited Service Midscale 105,154 SF; Parking Structure 45,442 SF (county building sections)

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

Permit history

2015-06-06: Building, New, declared value $19,941,156 (Complete), permit 6332258

2015-04-27: Building, New, declared value $830,090 (Complete), permit 6460736

2015-03-09: Demolition (Complete), permit 6460738

2005-10-14: Remodel, declared value $40,000 (Complete), permit 6072340

Source: King County permit records (newest first).