Multi-Tenant Professional Office
For Sale
$1,175,000
5430 California Ave Sw Unit Coml2, Seattle, WA 98136
Multi-tenant professional office building available for sale.
Property Size3,572 SF
Price / SF$328.95
Days on Market216
Property Features for 5430 California Ave Sw Unit Coml2
General Information
Standard status
Active
Size
3,572 SF
Property subtype
Commercial
Site & Location
Neighborhood
Fairmount Park
Building Details
Year Built
2001
Listing Agency:
Berkshire Hathaway HS NW
Listed By:
Justin O'Dell
(425) 830-5634
Source:
Eastsideseattleproperties
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 28 at 8:43AM
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 Berkshire Hathaway HS NW
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features a multi-tenant professional office building with a total size of 3,572 square feet. The property is suitable for office use.
Key Highlights
- Multi‑Tenant Professional Office
- Professional Office Space
- Investment Opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,709
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,180
$1.3M
Cap Rate 7%
$895,843
$895.8K
Cap Rate 9%
$696,767
$696.8K
Market Conditions
NOI Build-Up for 3,572 SF
Gross rent
$108.4K $30.36/SF
− Vacancy
−$24.8K −$6.95/SF
EGI
$83.6K $23.41/SF
− OpEx
−$20.9K −$5.85/SF
NOI
$62.7K $17.56/SF
Area
Seattle, WA
Vacancy
22.90%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,254,180
Cap Rate 7%
$895,843
Cap Rate 9%
$696,767
Alternative Uses
Best Use
Office B
$895.8K
$783.9K – $1.05M
NOI $62,709 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$940.3K – $1.25M
NOI $75,225 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,388
Businesses Nearby
Explore this area
Business Placement
Demographics for 98136, WA
16,424
Population
8,295
Households
2
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,141
Density / Sq Mi
$153,636
Median Household Income
$85,279
Median Earnings
$1,917
Median Rent
$900,000
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
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant professional office building available for sale.
Where is this office building located?
The property is located at 5430 California Ave Sw Unit Coml2 Seattle, WA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Multi‑Tenant Professional Office; Professional Office Space; Investment Opportunity
