Property profile

223 Galer St Seattle, WA 98119

OFF-MARKET
Assisted living facilities
Property ID
US90-0698232
21,634 SF 0.29 ac lot Built 2014
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2014
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,634 SF
Lot 0.29 ac (12,800 SF)
Zoning code NC2P-75 (M1)
APN 173180-1125
UPID US90-0698232

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
  • Nursing Home Retirement Community
  • Bakery Specialty Food Shop

Location

223 Galer St Seattle, WA 98119-2478
Seattle metro Census 7001 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
$1.26M

Owner & transaction history

since 2013
3 recorded transactions
2018
Price N/A
2014
Price N/A
2013
Price N/A

Zoning & alternative use

NC2P-75 (M1) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including…

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
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