Property profile

1500 1st Ave Seattle, WA 98101

OFF-MARKET
Commercial real estate
Property ID
US90-1563299
12,654 SF 0.14 ac lot Built 1922
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1922
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,654 SF
Lot 0.14 ac (6,272 SF)
Zoning code DMC-145
APN 197570-0655
UPID US90-1563299

Cap rate & NOI

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

Location

1500 1st Ave Seattle, WA 98101
Seattle metro Census 8101 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.57M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.19M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

DMC-145 · Seattle, WA
Zoning description

This district promotes special commercial activities and uses, areas characterized by lower scale office, retail and commercial uses related to activity in the office core, retail core or other moderate-scale commercial…

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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