Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    18032 1st S Ave Burien, WA 98148-1820

    • Grocery and convenience stores
    • 1,069 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $3,350,000
    Last Sale
    Nov 17, 2023
    $3,450,000
    Location Intelligence
    Property ID
    US90-1507132
    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

    • Chevron Burien / Convenience Store / Diesel Fuel Supplier
    • Tacos bandits / Mexican Restaurant
    • 76 Normandy Park / Gas Station
    • 76 / Gas Station
    • My Goods Market / Convenience Store / Atm

    Property Details for 18032 1st S Ave

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    0.40 lot acres
    Property size
    1,069 SF
    Zone code
    CC-1
    Property type
    Grocery and convenience stores
    APN
    322304-9174
    APU
    3223049174

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,415,000
      6.5%
      $3,075,000
      7%
      $3,400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,635,000
      Geo Method
      $3,800,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,810,000
      Retail
      $2,960,000
      Mixed-Use
      $3,650,000
      Hospitality
      $3,520,000
      Educational
      $3,560,000
      Residential Income
      $3,540,000
      Energy
      $3,680,000
      Income-Based Land
      $3,510,000
      Food Service
      $2,825,000

    Location Insight

    • Map
    • Local Demand
    City
    Burien
    County
    King
    State
    Washington
    Longitude
    -122.334
    Latitude
    47.4409
    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
    $18,766
    $323,700
    $1,324,000
    $1,647,700
    -
    $323,700
    $1,324,000
    $1,647,700

    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
      $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
      $4,080,000
      1,647 SF

      17956 1st S Ave

      CONVENIENCE STORE • 1,647 SF
      17956 1st S Ave, Burien, WA 98148-2726
      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

    Similar Nearby for Sale

    • $215,000
      Pending

      Deer Lake Waterfront Land Opportunity

      Rare waterfront lot on Deer Lake with utilities available.
      3994 N Cedar Bay Rd, Loon Lake, WA 98148
      View Details
    • Contact for pricing
      490,175 SF

      Seattle Air Freight Facility

      Premier air freight facility near SeaTac International Airport.
      811-855 8Th Ave South, Seattle, WA 98148
      View Details
    • $229,900

      Condo with Community Amenities

      Two-bedroom condo featuring pool, tennis court, and laundry.
      17431 Ambaum Blvd S, Seattle, WA 98148
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,192 SF

      Highway 99 End-Cap Retail Space

      Highly visible retail space on Highway 99 with strong traffic.
      1160 N 192Nd St, Shoreline, WA 98148
      View Details
    • $0.99 SF/Yr
      78,797 SF

      Des Moines Warehouse for Sublease

      11,198 SF industrial warehouse space available for sublease.
      19240 Des Moines Memorial Dr, Seatac, WA 98148
      View Details
    • $1.20 SF/Yr
      17,500 SF

      Available Warehouse Space with Upgrades

      17,500 SF warehouse space with planned improvements for lease.
      19111 Des Moines Memorial Dr S, Seatac, WA 98148
      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.
    18032 1st S Ave
    Burien, WA 98148-1820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.