Technical
Financial
Distress signals
Property profile

1932 1st Ave Seattle, WA 98101

OFF-MARKET
Office buildings
Property ID
US90-3352990
102,846 SF 0.23 ac lot Built 1923
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1923
Construction CONCRETE
Total area 102,846 SF
Lot 0.23 ac (9,990 SF)
Zoning code DMC-145
APN 197720-0920
UPID US90-3352990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician Medical Clinic
  • Physician
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

1932 1st Ave Seattle, WA 98101-2498
Seattle metro Census 8002 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2020
Last sale
$380,811
6 recorded transactions
2025
Price N/A
2020
$380,811
2008
$16.3M
2007
Price N/A
1989
Price N/A
1969
Price N/A

Zoning & alternative use

DMC-145 · Seattle, WA
Zoning description

This district promotes special commercial activities and uses, areas characterized by lower scale office, retail and commercial uses related to activity in the office core, retail core or other moderate-scale commercial…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 1932 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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