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4300 Roosevelt NE Way Seattle, WA 98105-4718

OFF-MARKET Office buildings Google Maps
220,649 SF 0.83 ac lot Built 2002
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$47.64M
Range $42.87M – $52.40M (±10%)
Property ID US90-1523609

Property summary

AI-generated overview

This exceptional office property, Roosevelt Commons - West Building, presents a unique opportunity in Seattle's vibrant University District. Located at 4300 Roosevelt Way NE, zip code 98105, King County, Washington, this two-building complex offers a range of traditional, executive, and creative office spaces. Currently, six individual suites are available, ranging in size from 1,642 to 33,535 square feet, catering to businesses of all sizes. The property boasts modern architecture and state-of-the-art amenities, creating a collaborative and inspiring work environment. Its prime location provides easy access to public transportation, diverse dining options, and retail establishments, all within a lively neighborhood that blends urban energy with nearby green spaces. The proximity to the University of Washington further enhances its appeal, making it an ideal location for businesses seeking a dynamic and innovative setting. This is an excellent opportunity to establish or expand your business in a thriving Seattle community. The property's multiple tenancy structure offers flexibility and adaptability for various business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Construction CONCRETE
Total area 220,649 SF
Lot 0.83 ac (36,000 SF)
Zoning code SM-U 95-320 (M1)
APN 114200-0550
UPID US90-1523609

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
  • Academic Department
  • Marketing & Advertising
  • Corporate Office
  • Employment Agency
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$47.64M

Owner & transaction history

since 2019
7 recorded transactions
2019
$157.0M
2005
$94.5M
2002
Price N/A
2001
$365,000
2000
$2.2M
1998
Price N/A
1969
Price N/A

Zoning & alternative use

SM-U 95-320 (M1) · 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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