Technical
Financial
Distress signals
Property profile

2244 1st S Ave Seattle, WA 98134

OFF-MARKET
Retail space
Property ID
US90-0649928
19,200 SF 0.21 ac lot Built 1918
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1918
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,200 SF
Lot 0.21 ac (9,000 SF)
Zoning code IG2 U/85
APN 766620-6240
UPID US90-0649928

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
  • Medical Supply Store
  • Production Facility

Location

2244 1st S Ave Seattle, WA 98134-1408
Seattle metro Census 9300 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
$2.97M

Owner & transaction history

since 2004
7 recorded transactions
2020
Price N/A
2007
Price N/A
2004
$1.5M
2002
$1.1M
2002
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IG2 U/85 · Seattle, WA

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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