Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1530 Queen Anne N Ave Seattle, WA 98109-5743

    • Individual retail properties
    • 19,645 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-0202174
    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.

    Current Use by Public Records

    • The Seattle Gym / Gym & Fitness Center
    • The Seattle Personal Trainer - Peter Feysa / Gym & Fitness Center
    • BG Wellness Seattle Personal Training / Gym & Fitness Center
    • Napolitano Skin and Body Studio / Alternative Medicine Practice / Spa & Massage Center
    • Total Body Tabata / Gym & Fitness Center

    Property Details for 1530 Queen Anne N Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    19,645 SF
    Zone code
    NC2P-55 (M)
    Property type
    Individual retail properties
    APN
    423290-3910
    APU
    4232903910

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $410,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $599,000
      Market price range: $338k - $1.45M

    • Alternative Use

      Use
      Estimation
      GYM, HEALTH SPA
      $825,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.357
    Latitude
    47.6332
    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
    2022
    $35,279
    $3,735,000
    $317,500
    $4,052,500
    -
    $3,735,000
    $317,500
    $4,052,500

    Comparable in this City

    • Value Estimation by Request
      980 SF

      1617 Queen Anne N Ave

      LAUNDROMAT (SELF-SERVICE) • 980 SF
      1617 Queen Anne N Ave, Seattle, WA 98109-2819
      View Details
    • Value Estimation by Request

      225 Roy St

      Restaurants
      225 Roy St, Seattle, WA 98109
      View Details
    • Value Estimation
      $1,005,000
      6,000 SF

      522 Queen Anne N Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      522 Queen Anne N Ave, Seattle, WA 98109-4520
      View Details
    • Value Estimation by Request
      3,362 SF

      1600 Queen Anne N Ave

      FINANCIAL BUILDING • 3,362 SF
      1600 Queen Anne N Ave, Seattle, WA 98109-2818
      View Details
    • Value Estimation
      $515,000
      2,438 SF

      362 Denny Way

      CONVENIENCE STORE • 2,438 SF
      362 Denny Way, Seattle, WA 98109-4912
      View Details
    • Value Estimation
      $3,115,000
      15,873 SF

      901 Harrison St

      RETAIL STORES (PERSONAL SERVICES) • 15,873 SF
      901 Harrison St, Seattle, WA 98109-5202
      View Details

    Similar Nearby for Sale

    • $3,800,000

      Belltown Multifamily/Hotel Redevelopment Opportunity

      Value-add investment near Pike Place Market with high-rise redevelopment potential.
      2200-2204 1St Ave, Seattle, WA 98109
      View Details
    • $1,740,000

      Retail Property Near Downtown Seattle

      Retail property with redevelopment potential near I-5 and Highway 99.
      2749-2751 4Th Ave S, Seattle, WA 98109
      View Details
    • $1,890,000
      2,114 SF

      SoDo Retail Building For Sale

      Visible SoDo location with long-standing tenants and free parking.
      3401-3405 4Th Ave S, Seattle, WA 98109
      View Details
    • Contact for pricing

      Seattle Retail Property For Sale

      Retail property available for sale in Seattle, Washington.
      434 Queen Anne Ave N, Seattle, WA 98109
      View Details
    • $1,750,000
      4,050 SF

      South Lake Union Development Opportunity

      Mixed-use development opportunity in the heart of South Lake Union.
      1175 Harrison St, Seattle, WA 98109
      View Details
    • $3,500,000

      South Lake Union Apartment Building

      12-unit apartment building in South Lake Union with value-add potential.
      800 Harrison St, Seattle, WA 98109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,943 SF

      Prime Retail Space in Seattle

      Retail space for lease in Seattle's Downtown shopping district.
      1601 3Rd Ave, Seattle, WA 98109
      View Details
    • Contact for pricing
      1,500 SF

      Prime Retail Space in Seattle

      1,500 SF retail space in vibrant Seattle neighborhood.
      757 Thomas St, Seattle, WA 98109
      View Details
    • $28 SF/Yr
      2,154 SF

      Retail Space in Dexter Avenue

      Retail/service office space in Westlake and South Lake Union.
      1205-1225 Dexter Ave N, Seattle, WA 98109
      View Details
    • $35 SF/Yr
      1,646 SF

      Prime Cafe Space Available

      Second generation cafe space in high-traffic location.
      1800-1812 Boren Ave, Seattle, WA 98109
      View Details
    • Contact for pricing
      6,480 SF

      Belltown Office or Retail Space

      Unique brick and beam structure with high ceilings in Belltown.
      2233-2235 5Th Ave, Seattle, WA 98109
      View Details
    • Contact for pricing
      777 SF

      Retail/Restaurant Space Near Arena

      New retail/restaurant space available January 2025.
      100-110 Roy St, Seattle, WA 98109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1530 Queen Anne N Ave
    Seattle, WA 98109-5743
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.