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    Property profile & analytics

    154 153 St Burien, WA 98166

    • Retail space
    • 7,000 SF
    • 0.17 lot acres
    For Lease
    View listing
    $24 SF/Yr
    Value Estimation
    $825,000
    Last Sale
    Mar 05, 2021
    $825,000
    Location Intelligence
    Property ID
    US90-0757878
    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

    • Retail space

    Property Details for 154 153 St

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    7,000 SF
    Zone code
    DC
    Property type
    Retail space
    APN
    122100-0215
    APU
    1221000215

    Description

    Burien Lofts, located at 154 SW 153rd St, Burien, WA, presents a unique investment opportunity. This 7,000 square foot building, situated on a 7,405 square foot lot, offers a blend of creative and traditional office spaces, along with retail options. The property, classified as Class C, was originally built in 1966 and underwent a complete renovation in 2024. This renovation included updated electrical and plumbing systems, as well as new bathrooms, flooring, lighting, and paint in the downstairs commercial units. The building comprises one structure with two stories and features three commercial units total: two on the ground floor and one upstairs. Two of these units are currently available, ranging in size from 1,619 to 3,035 square feet. The building's corner location on 153rd St ensures high visibility and ample parking. Its convenient location near Highway 509 and Sea-Tac Airport, in a rapidly developing area north of 153rd Street, adds significant appeal. The property is zoned DC and located in King County, with easy access via 2nd Ave SW. Note that square footage is an estimate. The landlord is seeking tenants who are committed to Burien's growth.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $815,000
      6.5%
      $865,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $870,000
      Geo Method
      $975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $995,000
      Retail
      $775,000
      Mixed-Use
      $985,000
      Hospitality
      $930,000
      Educational
      $930,000
      Residential Income
      $1,020,000
      Energy
      $890,000
      Income-Based Land
      $960,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.336
    Latitude
    47.4662
    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
    $10,438
    $195,000
    $677,800
    $872,800
    -
    $195,000
    $677,800
    $872,800

    Comparable in this City

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    • Value Estimation by Request
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      621 153rd St

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      10,913 SF

      717 148th St

      RETAIL STORES (PERSONAL SERVICES) • 10,913 SF
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    • Value Estimation by Request
      3,972 SF

      430 153rd St

      RETAIL STORES (PERSONAL SERVICES) • 3,972 SF
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    • Value Estimation by Request
      10,656 SF

      160 160th St

      RETAIL STORES (PERSONAL SERVICES) • 10,656 SF
      160 160th St, Seattle, WA 98166
      View Details
    • Value Estimation
      $280,000
      6,080 SF

      625 152nd St

      RETAIL STORES (PERSONAL SERVICES) • 6,080 SF
      625 152nd St, Burien, WA 98166-2212
      View Details

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    154 153 St
    Burien, WA 98166
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    Realmo Value Estimation

    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.

    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.

    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
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