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    118 45th St Seattle, WA 98105-6130
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    Property profile & analytics

    118 45th St, Seattle, WA 98105-6130

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    • Medical Office Space
    • 6,996 SF
    • 0.40 lot acres
    Off-Market
    Property ID
    US90-0872664
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CPR Seattle / Training Center / Vocational School
    • MultiCare Indigo Urgent Care - Seattle - 45th St. / Medical Clinic

    Property Details for 118 45th St

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.40 lot acres
    Zone code
    NC2-55 (M)
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    881840-0005
    APU
    8818400005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2001 — 45th Street LLC 45th Street Partners Quit Claim Deed · related $900k · Sterling Savings Bank
    May 26, 1994 $489,000 45th Street Partners Texaco Refining Grant Deed $1M · Seattle-first National Bank
    Jan 22, 1991 $523,198 Texaco INC - Tax Dept Shell Oil Compan Grant Deed —
    — — 45th Street LLC — Deed Of Trust · related $300k · Pacifica Bank
    — — 45th Street LLC — Deed Of Trust · related $2M · Standard Insurance Co
    — — 45th Street LLC — Deed Of Trust · related $650k · Pacific Bank NA
    — — 45th Street Partners — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,675,000
      6.5%
      $1,545,000
      7%
      $1,435,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $971,000
      Market price range: $214k - $971k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,405,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $2,555,000
      Change: +6% Conversion: Moderate
      OFFICE BUILDING
      $2,470,000
      Change: +3% Conversion: Easy
      WAREHOUSE, STORAGE
      $2,065,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.328
    Latitude
    47.6616
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $66,321
    $5,642,500
    $775,000
    $6,417,500
    -
    $5,642,500
    $775,000
    $6,417,500
    More about this property
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