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Property profile & analytics
FOR LEASE
Office buildings
300 5Th Ave Seattle, WA 98104
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1733800
For Lease
$47 SF/Yr
300 5Th Ave, Seattle, WA 98104
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
STEEL FRAME
Total area
413,264 SF
Lot
0.61 ac (26,738 SF)
Zoning code
DMC 340/290-440
APN
094200-1155
UPID
US90-1733800
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
-
Target Grocery & Convenience Store Food Market
-
Office of Federal Contract Compliance Programs Government Office
-
Deli Cut Subs Take-out & Catering
-
Social Security Administration Office of Hearings Operations (SSA OHO) Government Office
-
DEA Federal Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.64M
Owner & transaction history
Yesler Management Co LLC · 5 yrs held
Yesler Management Co LLC
since 2020
7 recorded transactions
Zoning & alternative use
DMC 340/290-440 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$910,155
Tax year 2022
Assessed value
$111,481,000
Assessed 2022
Previous assessed
$111,481,000
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$28,074,900
Assessed improvement
$83,406,100
Land market value
$28,074,900
Improvement market value
$83,406,100
Total market value
$111,481,000
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2009
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
17
Total area
413,264 SF
Lot
0.61 ac (26,738 SF)
Zoning code
DMC 340/290-440
APN
094200-1155
UPID
US90-1733800
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DMC 340/290-440 · Seattle, WA
Zoning DMC 340/290-440 · permitted uses
DMC 340/290-440 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
17
Lot
0.61 ac
Current owner
From public records · entity-resolved
Yesler Management Co LLC
Entity
Mailing address
1000 2ND AVE STE #1800, SEATTLE, WA 98104-3619
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
—
Yesler Management Co LLC
Yesler Investment Co LLC
Quit Claim Deed
related
$157,076,229 · Umb Bank NA
May 19, 2011
—
Martin Selig
—
Deed Of Trust
related
$25,553,750 · Northern Trust Bank
May 6, 2009
—
Martin Selig
—
Deed Of Trust
related
$24,347,182 · Northern Trust Bank
Mar 22, 2005
—
Yesler Investment Co LLC
—
Deed Of Trust
related
$7,400,000 · Seven Sevens INC
Dec 23, 2003
—
Selig Real Estate Holding Five
—
Deed Of Trust
related
$8,000,000 · Centrum Financial Services INC
Dec 5, 2001
—
Selig Real Estates Holdings El
—
Deed Of Trust
related
$7,200,000 · Centrum Financial Services INC
Nov 2, 2001
—
Real Estate Holdings Six Selig
—
Deed Of Trust
related
$7,200,000 · Centrum Financial Services INC
Jul 23, 2001
—
Selig Real Estate Holding Five
—
Deed Of Trust
related
$7,200,000 · Centrum Financial Services INC
—
—
Union Street Improvement Co Ll
—
Deed Of Trust
related
$500,000 · Centrum Financial Services INC
—
—
Yesler Investment Co LLC
—
Deed Of Trust
related
$17,900,000 · Northern Trust Bank
—
—
Yesler Development Co LLC
—
Deed Of Trust
related
$268,491 · Sclater Partners Architects PC
—
—
Yesler Investment Co LLC
—
Deed Of Trust
related
$84,000,000 · Cibc INC
—
—
Martin Selig
—
Deed Of Trust
related
$306,567 · Northern Trust Co
—
—
Yesler Investment Co LLC
—
Deed Of Trust
related
$13,350,000 · Wf Capital INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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