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    203 Blakeley St Monroe, WA 98272-1454
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    Property profile & analytics

    203 Blakeley St Monroe, WA 98272-1454


    • Office buildings
    • 5,550 SF
    • 0.12 lot acres
    Off-Market
    Last Sale Nov 30, 2020
    $1,127,000
    Property ID
    US90-0798403
    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.

    Value Estimations
    $1,385,000
    Show details
    Cap Rate Potential
    7.4%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • David J. Shaner, MA / Counselor / Doctor
    • Annie Redd Counseling & Consulting / Marriage Or Relationship Counselor
    • Julie Moser Counseling / Medical Clinic
    • Valley Counseling Office / Family Counselor
    • Brian K. Leonard PS Attorney / Law Firm

    Property Details for 203 Blakeley St

    Year built
    2002
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    5,550 SF
    Zone code
    DC
    Property type
    Office buildings
    APN
    27060100105600
    APU
    27060100105600

    Description

    This exceptional executive office space, located at 203 N Blakeley St in Monroe, Washington, offers a total of 1,300 square feet currently available for lease. The property, situated in the Sylvan Learning Center building, is categorized as an office building with a multiple tenancy structure. Two individual suites are available, each measuring 650 square feet. This provides flexibility for businesses seeking either a single, spacious suite or the option to lease both for a larger footprint. The minimum leasable space is 650 square feet, and the maximum contiguous space available is also 650 square feet. The entire 1,300 square feet is currently vacant and ready for immediate occupancy. The building is located in Snohomish County, Washington, offering convenient access to local amenities and transportation networks. This presents a unique opportunity for businesses seeking high-quality, readily available office space in a desirable Monroe location. The property's address is 203 N Blakeley St, Monroe, WA 98272. This listing provides a fantastic opportunity to establish or expand your business in a well-maintained and conveniently located building. The space is ideal for businesses requiring a professional and efficient workspace.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,425,000
      ML approach
      $1,415,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,755,000
      6.5%
      $1,620,000
      7%
      $1,505,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,590,000
      Market price range: $1.39M - $2.95M
      AI Estimate
      $936,000
      Market price range: $419k - $1.64M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,980,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $2,295,000
      Change: +16% Conversion: Easy
      MEDICAL BUILDING
      $2,165,000
      Change: +9% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,680,000
      Change: -15% Conversion: Easy
      RETAIL STORES
      $1,615,000
      Change: -18% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,605,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.972
    Latitude
    47.857
    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
    2023
    $9,010
    $250,000
    $960,000
    $1,210,000
    -
    $250,000
    $960,000
    $1,210,000
    More about this property
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