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    Property profile & analytics
    OFF-MARKET Estimated value $1,385,000
    Office buildings

    203 Blakeley St, Monroe, WA 98272-1454

    5,550 SF 0.12 ac lot Built 2002
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US90-0798403
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2002
    Construction WOOD
    Total area 5,550 SF
    Lot 0.12 ac (5,227 SF)
    Zoning code DC
    APN 27060100105600
    UPID US90-0798403
    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
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.42M
    CAP Approach CAP
    $1.62M
    Comparable Approach Comparable
    $1.59M
    Blend (final) Blend
    $1.39M
    Owner & transaction history
    Hrp Monroe LLC · 5 yrs held
    Hrp Monroe LLC
    since 2020
    Last sale
    $1.1M
    3 recorded transactions
    2020
    $1.1M
    1999
    $50,000
    1969
    Zoning & alternative use
    DC · Monroe, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $2.3M +16.0%
    Medical building $2.2M +9.5%
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