Seattle · Commercial sale
Operations Center buys 225 S Lucile St in Seattle for $6.3 million
An industrial property at 225 S Lucile St, Seattle sold for $6,300,000 on October 26, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $6,300,000
- Sold
- October 26, 2026
- Property type
- Industrial property
- Lot size
- 30,000 sq ft
An industrial property at 225 S Lucile St in Seattle sold for $6,300,000 on October 26, 2026, according to the King County Department of Assessments' sales records. The price was 26% above the recorded market value of $4,985,000, according to the Assessor's records.
The record lists Sound Investment Partners LLC as the seller and Operations Center LLC as the buyer.
The Assessor's records show a 0.69-acre lot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $158,075 for the state real estate excise tax (graduated) and $31,500 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $6,078,035. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $6,282,674 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3400508. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.