Technical
Financial
Distress signals
Property profile

202 1st S Ave Seattle, WA 98104

OFF-MARKET
Office buildings
Property ID
US90-0815294
28,216 SF 0.15 ac lot Built 1909
Entity Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1909
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,216 SF
Lot 0.15 ac (6,660 SF)
Zoning code PSM-100
APN 524780-0380
UPID US90-0815294

Cap rate & NOI

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

Location

202 1st S Ave Seattle, WA 98104
Seattle metro Census 9200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.67M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$5.2M
2019
$10.3M
2014
$8.2M
2002
Price N/A
1990
Price N/A
1969
Price N/A

Zoning & alternative use

PSM-100 · Seattle, WA
Zoning description

This district promotes mixed uses to those areas which lie within the Pioneer Square Preservation District, north of those areas predominantly in manufacturing and industrial use and not contained within the Internationa…

General category MIXED_USE

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
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