Property profile

4000 Admiral Way Seattle, WA 98116

OFF-MARKET
Medical Office Space
Property ID
US90-0619520
1,450 SF 0.58 ac lot Built 1911
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1911
Construction WOOD
Total area 1,450 SF
Lot 0.58 ac (25,276 SF)
Zoning code LR2 (M)
APN 927570-3365
UPID US90-0619520

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
  • Dental Office

Location

4000 Admiral Way Seattle, WA 98116-2516
Seattle metro Census 9600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
7 recorded transactions
2018
$325,000
2012
Price N/A
2009
Price N/A
2008
Price N/A
2007
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

LR2 (M) · Seattle, WA
Zoning description

This district promotes multi family uses in a variety of multifamily housing types, in multifamily neighborhoods of low scale and density. M is the mandatory housing affordability suffix applied to this zone.

General category RESIDENTIAL

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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