Property profile

111 1st S Ave Seattle, WA 98104

OFF-MARKET
Investment properties
Property ID
US90-0898947
78,779 SF 0.26 ac lot Built 1900
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 78,779 SF
Lot 0.26 ac (11,308 SF)
Zoning code PSM-100
APN 524780-0041
UPID US90-0898947

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
  • Apartment Building
  • Corporate Office
  • Medical Laboratory
  • Recording Studio
  • Construction Company General Contractor

Location

111 1st S Ave Seattle, WA 98104-3468
Seattle metro Census 9200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.00M
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.59M

Owner & transaction history

since 2010
3 recorded transactions
2010
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

PSM-100 · Seattle, WA
Zoning description

This district promotes mixed uses to those areas which lie within the Pioneer Square Preservation District, north of those areas predominantly in manufacturing and industrial use and not contained within the Internationa…

General category MIXED_USE

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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