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    Property profile & analytics

    17956 1st S Ave Burien, WA 98148-2726

    • Grocery and convenience stores
    • 1,647 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $4,080,000
    Last Sale
    Mar 15, 2023
    $4,235,760
    Location Intelligence
    Property ID
    US90-1730522
    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

    • Shell / Gas Station / Atm
    • Sun Mart / Convenience Store / Gas Station

    Property Details for 17956 1st S Ave

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    0.48 lot acres
    Property size
    1,647 SF
    Zone code
    CC-1
    Property type
    Grocery and convenience stores
    APN
    322304-9011
    APU
    3223049011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,140,000
      6.5%
      $4,510,000
      7%
      $4,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,650,000
      Geo Method
      $4,595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,435,000
      Retail
      $4,520,000
      Mixed-Use
      $3,945,000
      Hospitality
      $4,270,000
      Educational
      $3,780,000
      Residential Income
      $3,840,000
      Energy
      $4,085,000
      Income-Based Land
      $4,835,000
      Food Service
      $4,600,000

    Location Insight

    • Map
    • Local Demand
    City
    Burien
    County
    King
    State
    Washington
    Longitude
    -122.334
    Latitude
    47.4421
    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
    $9,050
    $397,200
    $341,500
    $738,700
    -
    $397,200
    $341,500
    $738,700

    Comparable in this City

    • Value Estimation
      $770,000
      2,800 SF

      15805 1st S Ave

      CONVENIENCE STORE • 2,800 SF
      15805 1st S Ave, Seattle, WA 98148
      View Details
    • Value Estimation
      $3,350,000
      1,069 SF

      18032 1st S Ave

      CONVENIENCE STORE • 1,069 SF
      18032 1st S Ave, Burien, WA 98148-1820
      View Details
    • Value Estimation
      $805,000
      1,100 SF

      15804 Des Moines Memorial S Dr

      CONVENIENCE STORE • 1,100 SF
      15804 Des Moines Memorial S Dr, Seatac, WA 98148-1338
      View Details
    • Value Estimation by Request
      30,054 SF

      19805 1st S Ave

      GROCERY, SUPERMARKET • 30,054 SF
      19805 1st S Ave, Normandy Park, WA 98148-2402
      View Details
    • Value Estimation by Request
      31,372 SF

      17847 1st S Ave

      GROCERY, SUPERMARKET • 31,372 SF
      17847 1st S Ave, Normandy Park, WA 98148-1728
      View Details
    • Value Estimation by Request
      672 SF

      15846 1st S Ave

      CONVENIENCE STORE • 672 SF
      15846 1st S Ave, Burien, WA 98148-1213
      View Details

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    Similar Nearby for Lease

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      Highway 99 End-Cap Retail Space

      Highly visible retail space on Highway 99 with strong traffic.
      1160 N 192Nd St, Shoreline, WA 98148
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      Des Moines Warehouse for Sublease

      11,198 SF industrial warehouse space available for sublease.
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      Available Warehouse Space with Upgrades

      17,500 SF warehouse space with planned improvements for lease.
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    Burien, WA 98148-2726
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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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