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    4800 40Th Ave SW Seattle, WA 98116

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    For Sale
    $5,000,000

    High-visibility corner lot in West Seattle Junction neighborhood.

    Property size:
    19,556 SF

    Property Features for 4800 40Th Ave SW

    General Information

    Standard status
    Active
    Size
    19,556 SF

    Source: KIDDER MATHEWS Agent DAN SWANSON

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

    Overview

    Seattle Retail Property For Sale

    Located in Seattle’s West Seattle Junction neighborhood, the property at 4800 40th Ave SW has a walk score of 95. The 5,504-SF building is on a corner lot and has previously operated as a daycare and a retail marijuana store. The parcel offers parking. The property is adjacent to a shopping center anchored by a Whole Foods grocery store, and is near shopping, grocery, and food and drink options. It is located blocks from a RapidRide C Line stop, which provides service to Downtown Seattle and South Lake Union. The property is within walking distance of the future Alaska Junction light rail stop, targeted for completion in 2032. The property size is 19,556 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seattle Children's Forest ... Pharmacy Origins Cannabis West ... Cannabis Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -122.3823996
    Latitude
    47.5589306

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    FAQs

    What type of property is this?
    Retail space - High-visibility corner lot in West Seattle Junction neighborhood.
    Where is this retail space located?
    The property is located at 4800 40Th Ave SW Seattle, WA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Walker's Paradise: Enjoy a Walk Score of 95.; - Prime Location: Situated in the desirable West Seattle Junction neighborhood.; - Convenient Transportation: Just blocks from the RapidRide C Line stop, providing easy access to Downtown Seattle and South Lake Union.
    Request Owner's contact information
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    Seattle, WA 98116
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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
    4800 40Th Ave SW Seattle, WA 98116
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