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    Property profile & analytics
    FOR LEASE
    Office buildings

    19944 Ballinger Way NE, Shoreline, WA 98155

    3,120 SF 0.27 ac lot Built 1968
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US90-3152613
    Property summary
    AI-generated overview

    This exceptional ground floor office space, totaling 535 square feet, presents a rare opportunity for a small business seeking a convenient and accessible location. Situated within a three-building complex in Shoreline, Washington, this single-room office boasts its own private bathroom, offering a high degree of privacy and functionality. The property is conveniently located directly off Ballinger Way, a major arterial road in Shoreline, ensuring excellent visibility and accessibility for clients and employees. A significant advantage is the inclusion of dedicated parking directly in front of the office space, eliminating the hassle of searching for parking and providing convenient access. The office is part of a larger complex, offering a professional and well-maintained environment. This space is ideal for a solo practitioner, small team, or business requiring a compact yet functional workspace. The "Traditional Office" subtype ensures a classic and efficient layout. The property is located in King County and is currently available for lease. This is a unique opportunity to secure a highly desirable office space in a prime Shoreline location. The space is ready for immediate occupancy. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1968
    Construction WOOD
    Total area 3,120 SF
    Lot 0.27 ac (11,716 SF)
    Zoning code CB
    APN 741770-0590
    UPID US90-3152613
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.19M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.24M
    Owner & transaction history
    214th Mlt LLC · 4 yrs held
    214th Mlt LLC
    since 2022
    Last sale
    $4.3M
    7 recorded transactions
    2022
    2022
    $4.3M
    2016
    $3.7M
    2011
    $1.0M
    2011
    $1.8M
    2004
    $2.0M
    1999
    Zoning & alternative use
    CB · Shoreline, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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