Property profile

5000 Martin Luther King Jr S Way Seattle, WA 98118

OFF-MARKET
Auto shops
Property ID
US90-0618158
3,856 SF 0.22 ac lot Built 1956
Individually Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,856 SF
Lot 0.22 ac (9,798 SF)
Zoning code NC2-55 (M)
APN 266050-0195
UPID US90-0618158

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

5000 Martin Luther King Jr S Way Seattle, WA 98118-1913
Seattle metro Census 10302 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2013
6 recorded transactions
2016
Price N/A
2013
Price N/A
2012
Price N/A
2007
$290,000
2006
Price N/A
2000
$430,000

Zoning & alternative use

NC2-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including…

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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