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Property profile & analytics
FOR LEASE
Office buildings
1600 7Th Ave Seattle, WA 98101
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0808234
No photos on file
For Lease
$3,745,000
1600 7Th Ave, Seattle, WA 98101
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
CONCRETE
Total area
803,041 SF
Lot
0.97 ac (42,360 SF)
Zoning code
DOC2 500/300-550
APN
065900-0165
UPID
US90-0808234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mary Brummitt Physician
-
Gloria M. Fann, M.D. Pediatrician Physician
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Sibyl C. Siegfried Pediatrician Physician
-
Amazon - Charisma (SEA116) Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.75M
Owner & transaction history
Cshv 1600 7th Avenue LLC · 11 yrs held
Cshv 1600 7th Avenue LLC
since 2014
5 recorded transactions
Zoning & alternative use
DOC2 500/300-550 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$5 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,280,428
Tax year 2022
Assessed value
$280,053,000
Assessed 2022
Previous assessed
$280,053,000
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$61,422,000
Assessed improvement
$218,631,000
Land market value
$61,422,000
Improvement market value
$218,631,000
Total market value
$280,053,000
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1976
Construction
CONCRETE
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
33
Total area
803,041 SF
Lot
0.97 ac (42,360 SF)
Zoning code
DOC2 500/300-550
APN
065900-0165
UPID
US90-0808234
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DOC2 500/300-550 · Seattle, WA
Zoning DOC2 500/300-550 · permitted uses
DOC2 500/300-550 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
33
Lot
0.97 ac
Current owner
From public records · entity-resolved
Cshv 1600 7th Avenue LLC
Entity
Mailing address
1600 7TH AVE STE #100, SEATTLE, WA 98101-2483
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2014
$382,812
Cshv 1600 7th Avenue LLC
First Alexis Tdr LLC
Grant Deed
related
—
Jun 16, 2014
$382,812
Cshv 1600 7th Avenue LLC
First Alexis Tdr LLC
Grant Deed
—
Apr 3, 2012
$137,000,000
Cshv 1600 7th Avenue LLC
Qwest Corp
Grant Deed
—
—
—
Cshv 1600 7th Avenue LLC
—
Deed Of Trust
related
$76,000,000 · Massachusetts Mutual Life Ins
—
—
Cshv 1600 7th Avenue LLC
—
Deed Of Trust
related
$76,000,000 · Massachusetts Mutual Life Ins
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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