Seattle Office Space
For Sale
$1,975,000
12333 35th Ave NE, Seattle, WA 98125
Office property for sale in Seattle, Washington.
Property Size5,757 SF
Price / SF$343.06
Days on Market317
Property Features for 12333 35th Ave NE
General Information
Standard status
Active
Size
5,757 SF
Property subtype
Healthcare
Building Details
Building Size
5,757 SF
Year Built
1976
Buildings
1
Listing Agency:
Kidder Mathews - Seattle
Listed By:
Tyler Nicholes · License #127468
(206) 398-2289
Source:
Kidder
Added: Nov 24, 2025
Changed: Aug 23
Last Checked: Aug 22 at 8:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews - Seattle
Investment Insights
Based on property information with market context.
This commercial property is located in Seattle, Washington. The property is suitable for office use.
Key Highlights
- Office property for sale.
- Located in Seattle, Washington.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,092
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,981,840
$2.0M
Cap Rate 7%
$1,415,600
$1.4M
Cap Rate 9%
$1,101,022
$1.1M
Market Conditions
NOI Build-Up for 5,757 SF
Gross rent
$172.7K $30.00/SF
− Vacancy
−$40.6K −$7.05/SF
EGI
$132.1K $22.95/SF
− OpEx
−$33.0K −$5.74/SF
NOI
$99.1K $17.21/SF
Area
ZIP 98125
Vacancy
23.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,981,840
Cap Rate 7%
$1,415,600
Cap Rate 9%
$1,101,022
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,092 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.86M
$1.62M – $2.17M
NOI $129,999 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98125, WA
42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office space - Office property for sale in Seattle, Washington.
Where is this office space located?
The property is located at 12333 35th Ave NE Seattle, WA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Office property for sale.; Located in Seattle, Washington.
