Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2758 78Th Ave SE Mercer Island, WA 98040

    • Investment properties
    • 217,375 SF
    • 2.25 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US90-3261321
    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.

    Current Use by Public Records

    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Island Square / Apartment Building / Apartment Complex
    • East/West ESL Tutoring Inc / Language School
    • Just Poke Mercer Island / Hawaiian Restaurant

    Property Details for 2758 78Th Ave SE

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.25 lot acres
    Property size
    217,375 SF
    Zone code
    TC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    531510-1245
    APU
    5315101245

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mercer Island
    County
    King
    State
    Washington
    Longitude
    -122.233
    Latitude
    47.5861
    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
    2022
    $760,375
    $20,587,300
    $103,471,000
    $124,058,300
    -
    $20,587,300
    $103,471,000
    $124,058,300

    Comparable in this City

    • Value Estimation by Request
      147,450 SF

      7650 27th St

      OFFICE/RESIDENTIAL (MIXED USE) • 147,450 SF
      7650 27th St, Mercer Island, WA 98040-3060
      View Details
    • Value Estimation by Request
      10,040 SF

      Mercer Island, WA 98040

      OFFICE/RESIDENTIAL (MIXED USE) • 10,040 SF
      Mercer Island, WA 98040
      View Details
    • Value Estimation by Request
      1,681 SF

      Mercer Island, WA 98040

      OFFICE/RESIDENTIAL (MIXED USE) • 1,681 SF
      Mercer Island, WA 98040
      View Details
    • Value Estimation by Request
      37,200 SF

      3011 78th SE Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 37,200 SF
      3011 78th SE Ave, Mercer Island, WA 98040-2853
      View Details
    • Value Estimation by Request
      41,050 SF

      2836 78th SE Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 41,050 SF
      2836 78th SE Ave, Mercer Island, WA 98040-2848
      View Details
    • Value Estimation by Request
      166,212 SF

      2630 77th SE Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 166,212 SF
      2630 77th SE Ave, Mercer Island, WA 98040-4053
      View Details

    Similar Nearby for Sale

    • $4,950,000

      Mercer Island Mixed-Use Development Site

      Prime 0.44-acre site near future light rail.
      3003 Island Crest Way, Mercer Island, WA 98040
      View Details
    • $1,649,995

      Desirable Lot with Lake Views

      Rare opportunity to build on a nearly half-acre lot.
      4150 Boulevard Pl, Mercer Island, WA 98040
      View Details
    • $475,000

      Mercer Island Land Opportunity

      Expansive lot near Pioneer Park with preliminary home plans.
      9167 SE 64Th St, Mercer Island, WA 98040
      View Details
    • $325,000
      457 SF

      Mercer Island Studio Apartment

      Light-filled end-unit studio in the heart of Mercer Island.
      2933 76Th Ave SE, Mercer Island, WA 98040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,286 SF

      Mercer Island Retail/Restaurant Space

      New mixed-use development with retail/restaurant space in Mercer Island.
      2750 77Th Ave SE, Mercer Island, WA 98040
      View Details
    • $32 SF/Yr
      5,028 SF

      Mercer Island Class A Office

      Class A office space in the heart of Mercer Island.
      2758 78Th Ave SE, Mercer Island, WA 98040
      View Details
    • $35 SF/Yr
      1,793 SF

      Mercer Island Office Space Available

      Office space for rent in Mercer Island, Washington.
      7429-7435 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $25 SF/Yr
      1,317 SF

      Mercer Island Office Space Available

      Office space for rent in Mercer Island, Washington.
      7426 SE 27Th St, Mercer Island, WA 98040
      View Details
    • $37 SF/Yr
      3,017 SF

      Mercer Island Retail Spaces Available

      Prime retail space, multiple units, excellent location.
      7633 27Th St, Mercer Island, WA 98040
      View Details
    • $39 SF/Yr
      770 SF

      Mercer Island Retail Space Available

      Retail space available in Mercer Island, Washington.
      2630 77Th Ave SE, Mercer Island, WA 98040
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      2.4k
    • Avg Time on site
      19 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2758 78Th Ave SE
    Mercer Island, WA 98040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.