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    5943 Martin Luther King Jr Way S Seattle, WA 98118

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    For Sale
    $720,000

    NC2-75 zoned commercial property with great visibility and light rail access.

    Property size:
    1,920 SF

    Property Features for 5943 Martin Luther King Jr Way S

    General Information

    Standard status
    Active
    Size
    1,920 SF

    Building Details

    Year built
    1952

    Source: REALOGICS SOTHEBY'S INTERNATIONAL REALTY Agent DENISE SEAVITT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property on MLK Way

    This commercial property, zoned NC2-75 (M), is currently leased to a church tenant. The property offers potential for future growth and is located on Martin Luther King Jr Way with visibility and light rail access. It is an investment opportunity with an existing tenant, but could be converted into other commercial uses. The location is convenient, with a short distance to established businesses. The property size is 1920 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Beginning Christian ... Religious Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.2872026
    Latitude
    47.5485477

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    FAQs

    What type of property is this?
    Church & religious facility - NC2-75 zoned commercial property with great visibility and light rail access.
    Where is this church & religious facility located?
    The property is located at 5943 Martin Luther King Jr Way S Seattle, WA.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: - NC2-75 (M) zoning offers diverse commercial development opportunities.; - Prime location on MLK Way ensures high visibility.; - Existing tenant provides immediate income potential.
    Request Owner's contact information
    5943 Martin Luther King Jr Way S Seattle, WA 98118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5943 Martin Luther King Jr Way S Seattle, WA 98118
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