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    2505-2523 3Rd Ave Seattle, WA 98121

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    For Lease
    $15 SF/Yr ($6,275 /Mo)

    Office and former lab space in central Seattle location.

    Property size:
    5,020 SF
    Lot size:
    0.60 Acres

    Property Features for 2505-2523 3Rd Ave

    General Information

    Size
    5,020 SF
    Lot size
    0.60 Acres

    Source: NI Commercial Real Estate Agent Norman Ives

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

    Overview

    Office and Lab Space Available

    This property offers both office and former lab space in a central location on 3rd Avenue near the Seattle Center and a bus line. The property provides convenient access to many nearby amenities. The lab portion of the property includes additional air conditioning. The property has a size of 5020 square feet and is available for rent.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3612377
    Latitude
    47.6416635

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    FAQs

    What type of property is this?
    Office space - Office and former lab space in central Seattle location.
    Where is this office space located?
    The property is located at 2505-2523 3Rd Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Central location near Seattle Center and bus line; - Suitable for both office and lab use, with additional AC in lab portion; - Former lab space
    (206) 251-4664
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    2505-2523 3Rd Ave Seattle, WA 98121
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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
    2505-2523 3Rd Ave Seattle, WA 98121
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