Property profile

10202 5th NE Ave Seattle, WA 98125

OFF-MARKET
Medical Office Space
Property ID
US90-0884080
27,029 SF 0.45 ac lot Built 1995
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This King County, Seattle office space at 10202 5th Ave NE, zip code 98125, offers a variety of flexible workspace solutions. The property caters to diverse business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of various sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual company requirements, including serviced, custom, disaster recovery, and day offices. Coworking spaces offer shared office or open-plan areas with hot-desking options. Meeting rooms are available for short-term or long-term use, accommodating various needs from informal chats to large conferences. Virtual office options include prestigious business addresses, mail handling, and virtual assistant services, with varying levels of office access. Flexible working plans provide access to a global network of workspaces, offering options for 5, 10, or unlimited days per month. The property's location in Seattle provides easy access to various amenities and transportation options. The space is scalable, accommodating businesses needing as little as one desk or over 100. Inquire today to explore the possibilities and find the perfect workspace to suit your business needs.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 27,029 SF
Lot 0.45 ac (19,809 SF)
Zoning code NC3-55 (M)
APN 322604-9411
UPID US90-0884080

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

10202 5th NE Ave Seattle, WA 98125-7472
Seattle metro Census 1202 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.49M

Owner & transaction history

since 2008
3 recorded transactions
2016
Price N/A
2008
$4.3M
1969
Price N/A

Zoning & alternative use

NC3-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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