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    5050 1St Ave S Seattle, WA 98134

    For Lease
    Contact for pricing

    Creative office or industrial space in SODO with ample parking.

    Property size:
    45,666 SF
    Lot size:
    2.07 Acres

    Property Features for 5050 1St Ave S

    General Information

    Size
    45,666 SF
    Lot size
    2.07 Acres

    Source: Kidder Mathews Agent David Gurry

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

    Overview

    SODO Creative Office/Industrial Space

    This property offers creative office or industrial space in the SODO area. The building, totaling 45,666 square feet, features high ceilings and exposed timber. Ample parking is available. The space is divisible to 11,456 rentable square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Virtuoso Ltd. Travel Agency Bean Box Coffee Roasters

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3331566
    Latitude
    47.5562312

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    FAQs

    What type of property is this?
    Creative space - Creative office or industrial space in SODO with ample parking.
    Where is this creative space located?
    The property is located at 5050 1St Ave S Seattle, WA.
    What are key features of this property?
    This property features: - Creative office or industrial space; - Divisible to 11,456 RSF; - Located in SODO
    (206) 382-8549
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    5050 1St Ave S Seattle, WA 98134
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    Seattle, WA 98134
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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
    5050 1St Ave S Seattle, WA 98134
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