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    500 Mercer St Seattle, WA 98109

    • Restaurants
    For Lease
    View listing
    $48 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • American Air Academy / Flight School
    • Orangetheory Fitness / Physical Fitness Program / Gym
    • Pure Barre / Gym / Physical Fitness Program
    • Jesus Christ Only TV / Religious Organization / Television Station
    • North Star Marketing Group / Consultant

    Property Details for 500 Mercer St

    Property type
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.347
    Latitude
    47.6248

    Comparable in this City

    • Value Estimation by Request

      225 Roy St

      Restaurants
      225 Roy St, Seattle, WA 98109
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    • Value Estimation by Request
      4,767 SF

      400 Queen Anne Ave

      Restaurants • 4,767 SF
      400 Queen Anne Ave, Seattle, WA 98109
      View Details
    • Value Estimation by Request
      7,460 SF

      222 Fairview Way

      Restaurants • 7,460 SF
      222 Fairview Way, Seattle, WA 98109
      View Details
    • Value Estimation by Request
      3,099 SF

      1253 Thomas St

      Restaurants • 3,099 SF
      1253 Thomas St, Seattle, WA 98109
      View Details
    • Value Estimation by Request
      3,500 SF

      526 Queen Anne N Ave

      RESTAURANT • 3,500 SF
      526 Queen Anne N Ave, Seattle, WA 98109-4520
      View Details
    • Value Estimation by Request
      3,039 SF

      200 Queen Anne N Ave

      RESTAURANT • 3,039 SF
      200 Queen Anne N Ave, Seattle, WA 98109-4805
      View Details

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      2,956 SF

      500 Mercer St

      Restaurants
      500 Mercer St, Seattle, WA 98109
      View Details
    • Contact for pricing
      15,058 SF

      Prime Retail Space in Seattle

      3,985 SF retail space in booming Denny Triangle neighborhood.
      1930 Boren Ave, Seattle, WA 98109
      View Details
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    500 Mercer St
    Seattle, WA 98109
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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
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