Property profile

425 Market St Seattle, WA 98107

OFF-MARKET
Turn key restaurants
Property ID
US90-0206227
1,600 SF 0.09 ac lot Built 1926
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,600 SF
Lot 0.09 ac (3,750 SF)
Zoning code NC1-40 (M)
APN 047500-0005
UPID US90-0206227

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
  • Cafe & Coffee Shop
  • Restaurant

Location

425 Market St Seattle, WA 98107-2707
Seattle metro Census 4800 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2013
4 recorded transactions
2018
Price N/A
2018
Price N/A
2013
$600,000
1999
$245,000

Zoning & alternative use

NC1-40 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a small shopping area that provides primarily convenience retail sales and services to the adjoining residential neigh…

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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