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    Property profile & analytics

    15511 3rd SW Ave Burien, WA 98166-2531

    • Office buildings
    • 4,588 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $1,265,000
    Last Sale
    Jun 09, 2022
    $1,300,000
    Location Intelligence
    Property ID
    US90-0991478
    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

    • Joyful Motion Pilates / Pilates Studio
    • Pain Science Physical Therapy, Inc / Pilates Studio / Physical Therapy Clinic
    • Schafer & Husmoe: Husmoe Howard L CPA / Accountant
    • Davis Donald J CPA / Accountant

    Property Details for 15511 3rd SW Ave

    Year built
    1981
    Construction
    WOOD
    Lot size
    0.36 lot acres
    Property size
    4,588 SF
    Zone code
    RM-24
    Property type
    Office buildings
    APN
    122200-0020
    APU
    1222000020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,335,000
      6.5%
      $1,265,000
      7%
      $1,365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,290,000
      Geo Method
      $1,385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,140,000
      Retail
      $1,465,000
      Mixed-Use
      $1,185,000
      Hospitality
      $1,400,000
      Educational
      $1,345,000
      Residential Income
      $1,475,000
      Energy
      $1,290,000
      Income-Based Land
      $1,395,000
      Food Service
      $1,170,000

    Location Insight

    • Map
    • Local Demand
    City
    Burien
    County
    King
    State
    Washington
    Longitude
    -122.339
    Latitude
    47.4635
    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
    $10,562
    $280,800
    $629,300
    $910,100
    -
    $280,800
    $629,300
    $910,100

    Comparable in this City

    • Value Estimation by Request
      3,520 SF

      860 143rd St

      OFFICE BUILDING • 3,520 SF
      860 143rd St, Burien, WA 98166-1515
      View Details
    • Value Estimation by Request
      6,640 SF

      401 153rd St

      OFFICE BUILDING • 6,640 SF
      401 153rd St, Burien, WA 98166-2247
      View Details
    • Value Estimation by Request
      6,400 SF

      148 153rd St

      OFFICE BUILDING • 6,400 SF
      148 153rd St, Burien, WA 98166-2347
      View Details
    • Value Estimation by Request
      6,313 SF

      2108 152nd St

      OFFICE BUILDING • 6,313 SF
      2108 152nd St, Burien, WA 98166-2027
      View Details
    • Value Estimation
      $150,000
      1,856 SF

      251 153rd St

      OFFICE BUILDING • 1,856 SF
      251 153rd St, Burien, WA 98166-2358
      View Details
    • Value Estimation by Request
      57,064 SF

      15811 Ambaum SW Blvd

      OFFICE BUILDING • 57,064 SF
      15811 Ambaum SW Blvd, Burien, WA 98166-3066
      View Details

    Similar Nearby for Sale

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      Burien Stand Alone Building

      Stand alone building in Burien, suitable for office or retail.
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      Profitable business, loyal clientele, huge potential.
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      Prime Land in Desirable Area

      Over an acre with frontage, development potential, priced for quick sale.
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    • $1,600,000
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      Historic Mixed-Use Property in Burien

      Mixed-use property with investment potential in the heart of Olde Burien.
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    • $3,500,000
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      Well-Maintained Warehouse with Income Potential

      Two-building property featuring renovated office space and income-generating warehouse.
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    Similar Nearby for Lease

    • $2,200 /Mo
      6,400 SF

      Burien Office For Lease

      Burien Office For Lease
      122 SW 156th, St Burien, WA 98166
      View Details
    • Contact for pricing
      797 SF

      Office Space Available for Rent

      Office space available for rent in Burien, Washington.
      16259 Sylvester Rd SW, Burien, WA 98166
      View Details
    • $24 SF/Yr
      7,000 SF

      Burien Lofts: Prime Commercial Space

      Renovated Burien office/retail, high visibility.
      154 153 St, Burien, WA 98166
      View Details
    • $35 SF/Yr
      1,546 SF

      Office Space Available For Rent

      Office space available for lease in Burien, Washington.
      16233 Sylvester Rd SW, Burien, WA 98166
      View Details
    • $20 SF/Yr
      6,996 SF

      Highline Medical Office Space For Lease

      Burien medical office suites available.
      16122 8 Ave, Burien, WA 98166
      View Details
    • $27 SF/Yr
      1,300 SF

      Office/Medical Space in Burien

      Office/Medical/Dental space in a park-like setting near Downtown Burien.
      322 SW 155Th Pl, Burien, WA 98166
      View Details
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    Burien, WA 98166-2531
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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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